> For the complete documentation index, see [llms.txt](https://flexdefi.gitbook.io/flex/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://flexdefi.gitbook.io/flex/daily-auctions/distrubtion-and-accumulation.md).

# Distribution & Accumulation

The Auction Phase is the **only period when&#x20;**<mark style="color:blue;">**FLEX**</mark>**&#x20;is initially distributed**. It runs for **150&#x20;**<mark style="color:blue;">**FLEX**</mark>**&#x20;Days**, starting from Day 1.

Each day, the protocol mints a fixed amount of <mark style="color:blue;">**FLEX**</mark> and distributes it to users who participate in that day’s auction by contributing USDT.

The minting schedule is front-loaded and strictly defined:

* Day 1: **20,000,000&#x20;**<mark style="color:blue;">**FLEX**</mark>
* Day 2: **14,000,000&#x20;**<mark style="color:blue;">**FLEX**</mark>
* Day 3: **9,000,000&#x20;**<mark style="color:blue;">**FLEX**</mark>
* From Day 4 onward: the daily amount decreases by **13,000&#x20;**<mark style="color:blue;">**FLEX**</mark>**&#x20;every day**
* By Day 150, issuance is much lower than at the start

{% hint style="info" %}
Across all 150 days, the protocol mints **exactly 1.22 billion&#x20;**<mark style="color:blue;">**FLEX**</mark>.\
No more <mark style="color:blue;">**FLEX**</mark> is ever minted through auctions after this phase ends.
{% endhint %}

#### How Participation Works

Each address may participate **once per day**.

* Minimum contribution: **50 USDT**
* Maximum contribution: **50,000 USDT per day**

All USDT contributed on the same day is pooled together. The <mark style="color:blue;">**FLEX**</mark> minted that day is distributed **proportionally**.

There is no advantage to timing or transaction order. Contributing earlier or later in the day makes no difference.

#### Example

If 20,000,000 <mark style="color:blue;">**FLEX**</mark> is minted on Day 1 and the total pool is 10,000 USDT:

* A user contributing 1,000 USDT (10%) receives **2,000,000&#x20;**<mark style="color:blue;">**FLEX**</mark>
* A user contributing 500 USDT (5%) receives **1,000,000&#x20;**<mark style="color:blue;">**FLEX**</mark>

#### How Auction USDT Is Distributed

USDT contributed during the auction phase is **not kept by the&#x20;**<mark style="color:blue;">**FLEX**</mark>**&#x20;token contract** and is not used arbitrarily. Each contribution is split immediately according to fixed rules:

* **70%** is reserved for **Big Pay Days (BPDs)**, funding random full refunds to eligible participants
* **10%** is allocated to <mark style="color:blue;">**FLEX**</mark>**/USDT liquidity provisioning**
* **10%** is distributed as **USDT rewards to active&#x20;**<mark style="color:blue;">**FLEX**</mark>**&#x20;stakers**
* **5%** is allocated to **marketing and growth**
* **5%** is allocated to **team and development**

This means that **100% of every USDT contribution is accounted for**, with the majority flowing back to participants either through Big Pay Days or staking rewards.

{% hint style="info" %}
The protocol itself does not operate a treasury and does not retain discretionary control over auction funds. All flows are enforced by code and executed mechanically.
{% endhint %}