πŸ—³οΈ DFX Token

The DFX token is the governance token for the DFX protocol. In the near future, DFX will be controlled by a DAO where DFX token holders will be able to submit proposals and vote on protocol changes as a decentralized community.

Tokenomics

Total Supply: 100,000,000

Every stakeholder, including founders and investors will be distributed tokens on a continual basis, with the bulk of the tokens distributed to the community as follows. By month 96, all 100 million tokens will have been distributed.

Allocation

Each allocation is vested linearly within its own period.

Token Holders

Allocation

Vesting Period

Liquidity Providers

35%

96 months

Treasury - Ecosystem DAO

20%

36 months

Pre-Seed (9 investors)

9.2%

24 months

Seed (11 investors)

10.8%

36 months

Future Token Sale

5%

36 months

Founders (4 founders)

15%

36 months

Dev Fund

5%

36 months

At genesis (i.e. the beginning of liquidity mining), the allocation of DFX tokens will have the following distribution.

By month 96, the DFX token distribution will look like the following pie chart. Note that more than 50% is granted to the community (DAO Treasury + LPs) through the final month of distribution.

LP Distribution

More than half of the total token supply will be distributed to the community over the span of 96 months and much of that will be towards the LPs. This ensures that the community will have majority control of the protocol in the long run.

The allocation of DFX tokens for LPs will be split into 3 intervals of 32 months each. The amount distributed per interval will decline as time goes on, starting with 65% being distributed in the first interval.

Interval

Allocation

Month 1 to 32

65%

Month 33 to 64

25%

Month 65 to 96

10%

During each interval, the allocated tokens are vested linearly across the 32 months and split across different pools, to be decided on a monthly basis. Once the DAO is live, DFX token holders will vote to determine the allocation between each pool.