Tokenomics
The $DEFLY token (ASA-ID: 470842789) was created on Dec 17, 2021 with a fixed total supply of 1 billion tokens. $DEFLY tokens have utility in Defly app.
Token Presale | 30% | (locked 3 months, then tapered at 20% per month) |
Liquidity Pools | 30% | (put in DEFLY/ALGO LP on 19 Jan) |
Development Fund | 15% | (locked for 12 months then tapered a min of 6 months) |
Marketing Fund | 5% | (PR, community, advisors) |
Expansion Fund | 20% | (for growing use cases of Defly) |
We launched this project with a token presale in January 2022. For this we allocated 300M DEFLY and sold out in 2h. These tokens will be unlocked over a period of 5 months starting on April 4, 2022. As promised, we will unlock the first 20% on April 4 and over the course of each following month we will release another 20%. After April 4, we will release tokens on a daily basis for a slow and steady distribution. The exact schedule is 20.09% of the presale tokens on April 4, then 0.655% for every day thereafter until August 4, 2022 (122 days).
Last modified 9mo ago