DRF Token

Derify Protocol minted three types of tokens: the platform token DRF, the staking equity token eDRF, and the bond token bToken

DRF token is the fundamental token of the Derify Protocol.

DRF holders are the owners and governors of the Derify Protocol (by minting eDRF Token to participate in protocol governance)

The total supply of DRF is 100,000,000 tokens. DRF will be distributed as follows

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