TrustFi
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  • Description
  • Vesting & Token Sale Details

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  1. TRUSTFI LITEPAPER

Tokenomics

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Last updated 3 years ago

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Description

$TFI is the native utility token of TrustFi Network and has the following use and benefits:

  1. Governance (DAO): $TFI token holders can stake to participate in community governance.

  2. Rewards: The revenue from TrustFi Products will be used for buybacks, burns, and rewards to $TFI Stakers.

  3. Farming: The TFI token can be deployed into TrustFi Farmer contracts for additional returns to increase the yield of token farming in the incentive programs.

  4. IDO & Flash Private Sale Allocations: The $TFI token can be staked to obtain the priority auction right of selected high-quality assets on TrustFi Launchpad.

  5. Liquidity Mining Provision: $TFI is the utility token and gas of TrustFi BaaS Ecosystem and can be used to cast synthetic assets. Users earn $TFI rewards by providing liquidity.

  6. Insurance: $TFI holders own insurance rights and interests against loss of income / market risk in mass victimization cases such as violations of token sale agreements by third parties.

Vesting & Token Sale Details

Except for token sale, the release rules of the rest of token vesting are as follows:

  1. Team: Locked for 12 months, then 12.5%release every quarter (Delayed by 2 months).

  2. Advisors and Options: Locked for 6 months, then 12.5%release every quarter.

  3. TrustFi Vaults: Release 10% after 12-month lockup period, then release 11.25% every 6 months. The TrustFi Ecosystem Council, composed of investment institutions, important partners, community leaders and technical representatives, initiates proposals and the community votes to determine how to use vaults.

  4. Ecosystem Growth: 25% release every year, according to the annual ecological growth needs and plans for flexible release.

  5. Incentive for Users: Locked for 6 months, and then unlocked according to the development of the community.

  6. Ecological Fund: Locked for 6 months, then 12.5% release every 6 months. The TrustFi Ecosystem Council will determine how to use Ecological Fund for strategic investment, accepting the supervision of the community.