DRF Token
DRF token is the fundamental token of the Derify protocol.
The total supply of DRF is 100,000,000 tokens.

Distribution of DRF token

DRF token will be distributed as follows (final terms will be published for transparency):
Receiver
Percentage
Usage
Locking / Vesting Rules
Founder Team
15%
Founder Team and Advisors
0.15% daily release, start from 300 days after listed on exchange
PE Investors
15%
Private sale to PE investors
10% release at first day listed on exchange, 0.3% daily afterwards (Subjects to negotiation with different class of investors)
Public Sale
5%
Public auction/listing and created initial liquidity in the market
Direct in circulation
Strategic Reserve
5%
Reserved for strategic cooperation and resources, disclosed at monthly report
As the case maybe
Community Fund
60%
Reserved for community growth. Including: Position Mining rewards, broker rewards, liquidity rewards, airdrop, governance system building and developer ecosystem building, etc.
Unlock by community resolution
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