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Defyre Utility Token
Introducing the Defyre Utility Token (DFUT)
The Defyre Utility Token (DFUT) has a maximum total supply of 500,000 tokens.
The Defyre Utility Token (DFUT) lies at the center of our ecosystem, allowing us to fund the project for typical maintenance costs such as development and infrastructure overhead, allows the community to vote on governance issues including which projects to audit, take stakes in projects we audit (see COI Fund Wallet section), incentivize stakeholders, and incentivize the community.
At launch, the Defyre Utility Token will be distributed as follows:
- 50,000 DFUT are allocated to the Development Team.
- 50,000 DFUT are allocated for Infrastructure Overhead Costs.
- 25,000 DFUT are allocated for air drops to incentivize the community.
The remaining 325,000 DFUT are allocated for public distribution at Liquidity Providers and for staking rewards.
As of this writing, the contract address of the Defyre Utility Token has not been publicly announced. We will be posting the address and solidity source code on this page - Do NOT be tricked by anyone else posing as us.
Distribution Table
Allocation
%
Tokens
Development Team
10
50,000
Infrastructure Overhead Costs
10
50,000
COI Fund Wallet
10
50,000
Air Drops / Other Community Incentives
5
25,000
Liquidity Providers / Staking Rewards
65
325,000
How will the token launch?
We are currently exploring the possibility of partnering with existing AMMs and/or directly providing liquidity at launch, which may include any of the following audited AMMs:
As of the writing of this page, we have not yet established a relationship with any of the AMMs listed above. Be careful of any claims stating otherwise.
Further details of about the launch will be posted in our official roadmap, so stay tuned for more information.
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