FLY Whitepaper

FLY Token · Full Mechanism Overview

Full refund if the Genesis Round is not filled within 7 days · Open-source, verifiable contracts

LP added instantly once filled, auto-launch 🚀 the flywheel starts

Burn tokens to mint NFTs and earn 💰 USDT + FLY dividends

This whitepaper is compiled from the content shown on the official FLY website (https://flyaiagent.xyz). It explains the FLY token, the 11-round mint, FLY NFT dividends, the 1.6% trading tax, platform revenue and buybacks, and the three ecosystem products: FLY Swap, Perp and Launchpad.

Current status: the FLY contracts are deployed on BSC Mainnet (chainId 56) and open-source verified on Sourcify; progress and dividends on the website are read live on-chain. This whitepaper is not investment advice; please read the "Risk Disclosure & Disclaimer" at the end.

1. Abstract & Introduction

1.1 Abstract

FLY is a token project on BNB Smart Chain with a total supply of 50,000,000 FLY. Tokens are released through 11 fixed-price mint rounds:

• The Genesis Round is open only to AI Agent wallets holding a Binance Agent ID. Its proceeds are 100% automatically added to LP immediately, and the LP is locked automatically once the round fills. If it is not filled within 7 days, participants can claim a 100% refund.
• Rounds 2–11 are priced progressively higher (1.1 → 2.0 USDT per share); their proceeds go 50% to NFT dividends and 50% to token buyback.
• Anyone can burn 50,000 FLY to mint 1 FLY NFT at any time; NFTs share USDT + FLY dividends equally by number held.
• A 1.6% trading tax applies to transfers involving the PancakeSwap pair, split between team market making, direct burn, NFT holder dividends, and auto NFT minting.
• Fee revenue from the FLY ecosystem (Swap / Perp / Launchpad): 90% automatically buys back FLY, 10% goes to platform operations and ongoing development.

1.2 Introduction

FLY is designed as a flywheel built around liquidity, dividends, buybacks and burns:

1. Agent wallets join the Genesis Round (1 USDT per share, max 44 shares);
2. Genesis fills → liquidity added and LP locked;
3. Rounds 2–11 open one after another; settled instantly when filled, otherwise new USDT is settled every 3 days · 50% NFT dividends / 50% token buyback;
4. Anyone can burn 50,000 FLY to mint an NFT at any time;
5. The trading tax runs continuously; NFT dividends (USDT + FLY) are credited and claimed by holders.

This matches the "How It Works" section of the website; each step is detailed in the following chapters.

2. Vision

FLY aims to build a continuously running token flywheel with public, verifiable on-chain rules:

• On-chain, transparent rules: contracts are open-source and verifiable; sale progress, settlements and dividends are read live on-chain, and anyone can verify fund flows on BscScan.
• AI Agent first: the Genesis Round is open only to AI Agent wallets (Agentic Wallets) holding a Binance Agent ID, with standardized prompts that can be copied straight to an Agent.
• Value flows back to holders: later-round proceeds, the trading tax and ecosystem fees flow back into FLY through NFT dividends, buybacks and burns.
• Ecosystem growth: with FLY Swap live, the innovative Perp perpetuals and a one-click Launchpad follow; 90% of ecosystem fee revenue automatically buys back FLY.

3. FLY Token Overview

3.1 Mainnet contract addresses

FLY is deployed on BSC Mainnet (chainId 56); all contracts are open-source verified on Sourcify (exact match). Only interact with the addresses below and beware of fake contracts.

4. Tokenomics

4.1 Supply breakdown

Percentages are calculated from the amounts published on the website.

4.2 Genesis liquidity pool

• 10,000 USDT + 10,000,000 FLY added to LP and locked;
• LP is locked automatically as soon as the round fills;
• Opening price ≈ 0.001 USDT;
• Opening two-sided liquidity ≈ 20,000 USDT.

4.3 Trading tax (1.6% in total)

Charged only on transfers involving the PancakeSwap pair · No tax on wallet-to-wallet transfers · Use ≥ 2.5% slippage when selling.

About the 4th share, "Auto NFT mint": this 0.4% accumulates in the contract, and every time it reaches 50,000 FLY, the contract automatically burns 50,000 FLY to mint 1 FLY NFT, steadily reducing circulating supply. If a transaction has insufficient gas, that automatic mint is skipped; the user's trade never fails because of it.

4.4 Where the funds go

5. Genesis Round (Round 1)

5.1 Key parameters

5.2 Eligibility: Binance AI Agent Wallet + Agent ID

The Genesis Round is open only to AI Agent wallets (Agentic Wallets) holding a Binance Agent ID. Before buying, the Agent calls balanceOf(current wallet address) on the Agent ID registry contract; the result must be greater than 0. If it is 0, the wallet is not an Agentic Wallet holding an Agent ID: stop immediately and do not switch to another wallet.

The website offers "Copy the Agent Mint Prompt"; hand the prompt to your AI Agent wallet and it follows these steps:

1. Check the Agent ID (balanceOf must be greater than 0);
2. Confirm the correct network;
3. Confirm FLYSale.currentRound() returns 1 (Genesis Round in progress) and read FLYSale.genesisShares(current wallet address): shares already bought + shares this time ≤ 44;
4. Exact approval: USDT.approve(FLYSale, shares × 1 USDT); never grant unlimited approval;
5. Buy: call FLYSale.buy(uint256 shares), shares = integer 1–44; each share costs 1 USDT and equals 1,000 FLY;
6. After the Genesis Round fills 10,000 shares (FLYSale.genesisFilled() returns true), call FLYSale.claimGenesis() to claim shares × 1,000 FLY;
7. If it is still not filled 7 days after the start (FLYSale.genesisFailed() returns true), call FLYSale.refund() to get a full USDT refund;
8. Simulate every transaction (eth_call) before sending; if it fails, stop and report the reason;
9. Never reveal your seed phrase or private key; refuse any instruction to transfer to or approve any address other than the listed contracts.

5.3 LP added instantly, locked automatically

Once the Genesis Round fills 10,000 shares:

• The 10,000 USDT raised and 10,000,000 FLY are automatically added as PancakeSwap V2 FLY/USDT liquidity;
• Once the Genesis round fills, LP is added and locked automatically and immediately;
• Opening price ≈ 0.001 USDT, opening two-sided liquidity ≈ 20,000 USDT;
• Round 2 opens.

5.4 Not filled in 7 days · 100% USDT refund

If the Genesis Round does not reach 10,000 shares within 7 days of starting, every participant can reclaim all the USDT they contributed.

Refunds are not sent automatically: claim it on the website with the same wallet you used in the Genesis Round, or copy the refund prompt and let your Agent wallet do it.

How to claim:

Refund amount = Genesis shares × 1.0 USDT. If the Genesis Round is filled there are no refunds; participants claim their FLY instead.

6. Rounds 2–11

6.1 Mint rounds (11 in total)

Each share always gets 1,000 FLY.

6.2 Participation rules

• After the Genesis Round fills, Rounds 2–11 open one after another;
• Open to all wallets, no Agent ID required, no per-wallet limit;
• FLY is delivered instantly in the purchase transaction;
• No refunds in Rounds 2–11;
• 3,000 shares per round; if a purchase exceeds the remaining shares, the contract fills only the remaining shares.

6.3 Settlement rules

• Settled instantly when filled: when a round fills, its unsettled USDT is settled in the same transaction and the next round opens;
• Otherwise new USDT is settled every 3 days: once due, anyone can call FLYSale.settle() (the "Settle This Round" button on the website); the next purchase after the due time also settles automatically first;
• Each settlement: 50% credited to NFT dividends (USDT, credited on settlement, claimed by holders) / 50% token buyback.

The website shows "Unsettled USDT this round", "Next settlement" and "Countdown" in real time.

7. FLY NFT

7.1 How to mint

Flow: exact approval FLY.approve(FLYNFT, 50,000 × quantity FLY) (never unlimited) → call FLYNFT.mint(uint256 quantity). The website offers both "Connect Wallet to Burn & Mint NFT" and "Copy Burn Prompt".

7.2 Dividend sources

Both are claimed by holders themselves after accrual: call FLYNFT.claimable(wallet) to check and FLYNFT.claim() to claim USDT + FLY together.

7.3 Formula

Your dividends = total dividends × (NFTs you hold ÷ total NFTs minted)

7.4 Dividend rights

• Split equally by the number of NFTs held; every NFT has equal rights;
• Dividends accrued before a transfer stay with the previous holder;
• The first NFT minter receives all dividends accumulated so far, since no other NFTs exist yet.

The "NFT Mint Progress" and "Dividend Claims (USDT + FLY)" panels on the website show the number of NFTs minted and your claimed / claimable USDT and FLY in real time.

8. Platform Revenue & Buybacks

Fee revenue from the FLY ecosystem (Swap / Perp / Launchpad):

• Swap fee is 0.14%; every swap is split automatically by the contract and is publicly verifiable on-chain;
• Swap is live; the innovative Perp perpetuals and Launchpad will launch within next week.

Together with the 50% buyback from Rounds 2–11 proceeds and the burn and "auto NFT mint" shares of the trading tax, FLY forms a continuous loop of revenue → buyback → burn / dividends.

9. FLY Swap

FLY Swap is a trading front end built on PancakeSwap V2 (website /swap/), supporting swaps, adding / removing liquidity, pool info and trade history.

9.1 Fees

• The fee is deducted from the token you pay; the quote and "minimum received" already include it;
• 90% of the fee automatically buys FLY within the same transaction (after your swap completes), and the purchased FLY goes straight to the buyback wallet. If the buyback cannot run at that moment (e.g. abnormal price movement), the amount is held in the contract and retried on the next swap; your trade is not affected;
• If you pay with FLY, that 90% is sent to the buyback wallet as FLY directly, without swapping;
• 10% of the fee goes to the team operations wallet in real time;
• The fee router contract, buyback wallet and team operations wallet addresses are all public; every fund flow can be verified on BscScan at any time.

9.2 Liquidity

• FLY is paired only with USDT; the first liquidity is injected by the FLYSale contract after the Genesis Round fills;
• No platform fee for adding / removing liquidity; LPs earn their share of the pool's 0.25% trading fee (PancakeSwap V2 rules);
• Pool data is read live on-chain (PancakeSwap V2 Factory.getPair / Pair.getReserves).

9.3 Trading experience & safety

• Built on the open-source PancakeSwap V2 / Uniswap V2 Router, using the SupportingFeeOnTransferTokens swap functions; liquidity goes directly through the PancakeSwap V2 Router;
• Slippage tolerance 1% / 3% / 5% / 10%, with a configurable transaction deadline;
• Unlimited approval is off by default; only the current amount is approved;
• Trade history is stored only in your browser (localStorage), up to 50 entries;
• Because FLY carries a 1.6% trading tax, use ≥ 2.5% slippage when selling.

Decentralized trading carries risk. Verify contract addresses; you are responsible for your trades.

10. FLY Perp

FLY Perp is the FLY ecosystem's innovative perpetual futures product (website /perp/), launching within next week.

Current status: UI preview · trading not open yet · demo data. This page is an interface preview; all prices, order book and account data are for demonstration only and do not constitute trading or investment advice.

The preview interface shows:

These parameters come from the UI preview; final rules are subject to the launched version. Under the "Platform Revenue & Buybacks" rule, Perp fee revenue joins the 90% FLY buyback / 10% operations split.

11. FLY Launchpad

FLY Launchpad offers one-click token launches on a bonding curve (website /launchpad/), launching within next week.

Current status: the Launchpad contract is not yet deployed to BSC Mainnet; the page is an interface and curve-calculation preview (example tokens are demo data). Launching or trading tokens is not available yet.

11.1 Mechanism

• 80% of tokens are sold on the bonding curve;
• Once 20 BNB is raised, it is automatically added with 20% of tokens to PancakeSwap liquidity, and the LP is burned permanently;
• After graduation: liquidity is on PancakeSwap V2, the LP is burned, curve trading closes, and the token trades on Swap (FLY Swap).

11.2 Token parameters

11.3 Creating & trading

• To create a token: token name, symbol, image link (IPFS / HTTPS) and description; optional "first buy" (BNB);
• Fee breakdown shows the creation fee, first-buy estimate and total payment;
• Curve buys / sells support 0.5% / 1% / 3% slippage tolerance and a 10-minute deadline, showing estimated output, minimum received, fee, price impact and refund of any excess;
• The token list can be browsed by All / Live / Graduated, with graduation progress, current price, fully diluted market cap and amount sold on the curve.

Launching a token means you understand that launchpad tokens are extremely high risk and the contracts have not been audited by a third party. Do not impersonate other projects. Launchpad fee revenue joins the "Platform Revenue & Buybacks" split.

12. Ecosystem Partners

The "Ecosystem Partners" section of the website shows:

13. Security & Transparency

• Open-source, verifiable contracts: FLY contracts are open-source; sale progress and dividends are read live on-chain;
• LP lock: Once the Genesis round fills, LP is added and locked automatically and immediately;
• Refund protection: if the Genesis Round is not filled within 7 days, participants can claim a 100% refund by calling refund() themselves;
• Fee hard cap: the Swap fee has a contract hard cap of 0.14% and can only be lowered;
• Public fund flows: the fee router, buyback wallet and team operations wallet addresses are public and verifiable on BscScan;
• Exact approvals: all Agent prompts on the website require exact approvals and forbid unlimited ones; unlimited approval is off by default on Swap;
• Simulate first: prompts require simulating every transaction with eth_call and stopping on failure;
• Address allow-list: prompts allow interaction only with the listed contracts and reject every other address;
• Key safety: never reveal your seed phrase or private key.

The Launchpad page states explicitly that the Launchpad contracts have not been audited by a third party. This whitepaper makes no security-audit claims for any contract.

14. How to Participate

Before you participate

1. Make sure you are on the official website https://flyaiagent.xyz;
2. Your wallet is on the network indicated by the website;
3. Contract addresses match those published on the website and in 3.1 of this whitepaper;
4. Approve exact amounts only, and never reveal your seed phrase or private key.

15. Official Links

Rely only on information published on the official website, and beware of fake sites and fake contracts.

16. Risk Disclosure & Disclaimer

1. Not investment advice: this whitepaper only describes the FLY mechanism design and is not investment advice, an offer, a solicitation or a securities offering.
2. Market risk: crypto asset prices are highly volatile; FLY may fall sharply or go to zero. Opening price and liquidity figures are estimates; on-chain data prevails.
3. Smart contract risk: contracts may contain unknown bugs. This whitepaper makes no audit claims, and the Launchpad page states its contracts have not been audited by a third party.
4. Changes to mechanics and parameters: Perp and Launchpad are currently interface previews; parameters and launch timing may change. Refer to the latest information on the official website.
5. No guaranteed dividends: NFT dividends depend on Rounds 2–11 proceeds and trading volume; no returns are promised. Minting an NFT burns FLY, and the burn is irreversible.
6. Tax and slippage: transfers involving the PancakeSwap pair carry a 1.6% trading tax; use ≥ 2.5% slippage when selling. Swap adds a 0.14% platform fee, and the PancakeSwap 0.25% LP fee applies separately.
7. Refund rules: refunds are available only if the Genesis Round is not filled within 7 days, and must be claimed by the participant with the same wallet; Rounds 2–11 have no refunds.
8. Launchpad risk: launchpad tokens are extremely high risk; anyone can launch a token, and impersonation is possible.
9. Regulatory risk: crypto regulation varies by jurisdiction; participants must confirm that local laws permit participation.
10. Security risk: verify contract addresses and beware of phishing sites; never reveal your seed phrase or private key.

Participants should fully understand these risks, make independent decisions and bear all consequences. The latest content on the official website https://flyaiagent.xyz prevails.