# Understanding $FLY Tokenomics The total supply of Fluid Governance tokens is 1,000,000,000 FLY tokens, which will be fully circulating no earlier than 4 years post Token Generation Event (TGE.) You can learn about how we distributed the tokens on our [Economics Whitepaper](https://whitepapers.fluidity.money/fluidity-economics-wp-v1.0.pdf). The objective of the governance token distribution is to maximise diversification amongst genuine users while incentivising positive value creation within the ecosystem. The development of the protocol must be funded and incentives need to be provided to stimulate long-term growth. Much of the funding required to build and grow the protocol, is received and given to a centralised and small number of entities. If these entities have the majority of the circulating supply of governance tokens, they may be able to vote on governance decisions that are favourable to their outcomes over the best interests of the wider ecosystem. Fluidity will minimise and control for this bad behaviour by distributing the majority of the float within the community using its novel Transfer Reward Function distribution. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.fluidity.money/docs/fundamentals/understanding-the-usdfluid-governance-token/understanding-usdfluid-tokenomics.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.