# FLAPPY Token

<details>

<summary>What is the token contract address of $FLAPPY?</summary>

<https://blastscan.io/token/0x1bb5e4dd6f18e8941fce273379df2223cd08c2da>

</details>

<details>

<summary>What are the tokenomics of $FLAPPY?</summary>

* 1M tokens at the [IBLV Event](https://docs.baseline.markets/launching#iblv---initial-baseline-value-event) and then an [Elastic Supply.](https://docs.baseline.markets/btokenomics/elastic_supply)&#x20;
* [Protocol-Owned Liquidity](https://docs.baseline.markets/btokenomics/dynamic_liquidity#protocol-owned-liquidity-positions) and Rug-Proof
* To Play the game players must hold a minimum of 2000 $FLAPPY at all times.
* To Start a game players must spend 10 $FLAPPY.
* In-built [Lending facility](https://docs.baseline.markets/utility/loops#leveraged-btoken-exposure) for access to non[-liquidatable loans](https://docs.baseline.markets/utility/loans#loan-fees--terms)

</details>

<details>

<summary>Gaming Fees</summary>

[LP fees](https://docs.baseline.markets/launching#liquidity-configuration) and Entrance Fees collected are auto-sent to the [Prize Fund Wallet.](/faqs/prize-fund-wallet.md)

The $FLAPPY [Afterburner](https://docs.baseline.markets/btokenomics/afterburner#the-baseline-afterburner) also automatically sends a portion of fees to the Prize Fund Wallet whenever it fires.

</details>

<details>

<summary>bETH (Baseline ETH)</summary>

Tokens such as $FLAPPY launched on the Baseline protocol are known as bTokens.

They are fully backed by ETH deposited by market buyers, who exchange ETH at a protocol-set premium in exchange for bTokens.

At the IBLV event of a bToken, a 'Baseline Value' or 'Minimum Price Floor' is discovered and once found, the Protocol will only ever issue bTokens at a premium to this Baseline Value.

This value is always denominated in ETH (the underlying collateral) and if the bToken ever drops to this price, the Protocol will ALWAYS have enough ETH to swap in exchange for the bToken.

In effect this means, bTokens like $FLAPPY are basically ETH with a minimum Floor!

</details>


---

# 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://learn.flappyeth.com/faqs/flappy-token.md?ask=<question>
```

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.