Tokenomics
Description
$TFI is the native utility token of TrustFi Network and has the following use and benefits:
Governance (DAO): $TFI token holders can stake to participate in community governance.
Rewards: The revenue from TrustFi Products will be used for buybacks, burns, and rewards to $TFI Stakers.
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.
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.
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.
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:
Team: Locked for 12 months, then 12.5%release every quarter (Delayed by 2 months).
Advisors and Options: Locked for 6 months, then 12.5%release every quarter.
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.
Ecosystem Growth: 25% release every year, according to the annual ecological growth needs and plans for flexible release.
Incentive for Users: Locked for 6 months, and then unlocked according to the development of the community.
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.
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