---
# System prepended metadata

title: Beefy Finance KITE Distribution

---


### KITE Distribution Stats for Beefy Finance

The table below lists all addresses with more than 1% of total KITE.

| Entity                                                                                                                                                          | Quantity | Percentage |
| --------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------- | ---------- |
| [HAI Protocol Treasury](https://optimistic.etherscan.io/address/0xDCb421Cc4Cbb7267F3b2cAcAb44Ec18AEbEd6724)          | 	249,953    | 	29.0567       |
| [HAI: FLX Alignment Multisig](https://optimistic.etherscan.io/address/0x638d5CcAF57446363e8Ca5BD09b220EE7A87e8C6)    | 200,000     | 	23.2497       |
| [Hedgey Finance: Voting Vesting](https://optimistic.etherscan.io/address/0x1bb64af7fe05fc69c740609267d2abe3e119ef82) | 134,352     | 15.6182       |
| [Spank Chain Investor](https://optimistic.etherscan.io/address/0xe207f98c7ad7f7b3895d4a105453e898771e2067)           | 51,118     | 5.9425       |
| [HAI: Incentives Multisig](https://optimistic.etherscan.io/address/0x21a1ec8c62bbdad4680742b88695f06f55a51bda)       | 	24,867     | 	2.8908       |
| [Hedgey Voting Vault](https://optimistic.etherscan.io/token/0xf467c7d5a4a9c4687ffc7986ac6ad5a4c81e1404?a=0xf29e0e0c133af938f266f552fb7337e304e72d8d)                  | 17,500	     | 2.0343       |
| [Team Member](https://optimistic.etherscan.io/token/0xf467c7d5a4a9c4687ffc7986ac6ad5a4c81e1404?a=0x74fea3fb0ed030e9228026e7f413d66186d3d107)                                                                                                                                             | 17,048     | 	1.9818       |
| [Team Member](https://optimistic.etherscan.io/address/0x0a453F46f8AE9a99b2B901A26b53e92BE6c3c43E)                                                                                                                                             | 17,041     | 1.9811       |
| [Team Member](https://optimistic.etherscan.io/address/0x9640F1cB81B370186d1fcD3B9CBFA2854e49555e)                                                                                                                                             | 16,981     | 1.9741       |
| [OP / KITE Velodrome LP](https://optimistic.etherscan.io/address/0xf4638dC488F9C826DC40250515592E678E447238#code)                                                                                                                                             | 14,925     | 1.7351       |
| [KITE / WETH UNI v3 Pool](https://optimistic.etherscan.io/address/0x37525b73C59E5265A8C84CA1ae333F187e1e07E7#code)     | 12,747     | 1.4819     |
| [Partner](https://optimistic.etherscan.io/address/0xDE13bB35891DA1d0ab02f926B36735e5Ab1fC8A0)     | 10,000     | 1.1625     |
| [Team Member](https://optimistic.etherscan.io/address/0x2825803b02ddACe519de971F512568Ed983faB96)     | 	9,010     | 1.0474     |

Notes

**HAI Protocol Treasury**
- The Protocol Treasury is a Gnosis Safe with a single signer. 
- The single signer is the protocol's governance [timelock controller](https://optimistic.etherscan.io/address/0xd68e7D20008a223dD48A6076AAf5EDd4fe80a899).

**HAI: FLX Alignment Multisig** 
- 200k KITE set aside to be bridged back to mainnet for "The Altar of RAI". 
- The altar of RAI will let users bid FLX (the Reflexer governance token) to purchase the KITE that was bridged over in auctions. The paid FLX is then burned. 
- This is to align HAI w/ RAI whose code was forked.

**Hedgey Finance: Voting Vesting**
- This contract holds all of the KITE that was deposited into Hedgey to vest as team member, partner, and investor token streams.

**Spank Chain Investor**
- These tokens belong to Spankchain which was HAI's primary investor.

**HAI: Incentives Multisig**
- These tokens have been allocated for incentivizing protol liquidity
- [Multi sig signers](https://hackmd.io/@lets-get-hai/mainnet-params#Multi-Signature-Safes)

**Hedgey Voting Vault**
- User delegated tokens locked in Hedgey vesting stream.

**Team Member**
- Member of team

**OP / KITE Velodrome LP**
- This is the Velodrome LP for [OP / KITE](https://velodrome.finance/deposit?token0=0x4200000000000000000000000000000000000042&token1=0xf467C7d5a4A9C4687fFc7986aC6aD5A4c81E1404&type=-1)

**KITE / WETH UNI v3 Pool**
- This is the UNI v3 LP pool for [KITE / WETH](https://app.uniswap.org/explore/pools/optimism/0x37525b73C59E5265A8C84CA1ae333F187e1e07E7)

**Partner**
- Development partner that did branding / design.
