• DFX, the DiFireX Protocol governance and utility token, is live!
• DFX contract address on Ethereum: 0x96267A9781522498FD4c280B791Bd135780693A1
• DFX contract address on BSC: 0x74b3abb94e9e1ecc25bd77d6872949b4a9b2aacf
• To start, DFX is available through 3 liquidity mining pools (and soon more): DFX holders may vote to add more pools.
• All DeFireX profit go to the DFX buyback and are distributed among the DFX stakers.
The DeFireX team doesn’t rely on luck. Tokenomics have been carefully thought out to drive growth:
🔹 No additional emission
🔹 Blocking 75% of distributed team’s and private investors’ tokens
🔹 30% of all project profits go to the buyback of DFX
DFX token details:
🔹 Total DFX Token Supply: 10,000,000
🔹 Additional emission is not possible
🔹 Starting price of placement on the PancakeSwap exchange: $2
🔹 The DFX/BUSD PancakeSwap pool will be immediately replenished with $500,000 TVL from the private round funds
🔹 10% of the total DFX farming volume is allocated to the team
🔹 30% of all platform profits go to DFX buyback
🔹 All DFX generated from this buyback will be distributed through the DFX Staking pool
Current operating figures:
🔹 Average APY for January 2021: 29%
🔹 Current system liquidity: more than $ 16,000,000
🔹 Platform average operating profit per month: $ 80,000
DFX token distribution structure
🔹 Early liquidity providers (AirDrop): 1% (100,000 DFX)
🔹 Promotion and affiliate program: 2.5% (250,000 DFX)
🔹 Liquidity pools and system opening balances: 3.25% (325,000 DFX)
🔹 Reserve fund: 4.25% (425,000 DFX)
🔹 Team: 20% (2,000,000 DFX)
Of these 20%, 25% will be available immediately, the process of auto-unlocking the remaining 75% will begin in 21 days in equal parts of 0.25% per day and will end in 10 months
🔹 Private round: 30% (3,000,000 DFX)
Of these 30%, 25% will be available immediately, 75% of the auto-unlock process will begin in 21 days in equal parts of 0.5% per day and will end in 5 months
(The tokensale private round raised $ 3,000,000. Most of the funds will be directed to creating a liquidity pool, maintaining the token rate, and marketing activities.)
🔹 Reserved for farming programs for a period of 6 to 18 months: 39%
🔹 Incentives to use the platform: from +20% to +100% in DFX
🔹 Farming of DFX tokens in the DFX/BUSD pool: from +50% to +300%
A Retrospective Airdrop
1% of DFX (100,000 DFX) can immediately be claimed by historical DeFireX users based on a snapshot ending March 12, 2021, at 09:15 am UTC.
— 98,000 DFX is distributed among those who were using DeFireX in Ethereum up to block 12022855. Addresses in Ethereum to which DFX tokens were distributed are available here.
— 2,000 DFX is distributed among those who were using DeFireX on Binance Smart Chain up to block 5611923. Addresses in BSC to which DFX tokens were distributed are available here.
DFX is distributed among users in proportion to the contribution to the growth of the DeFireX protocol: the earlier the user started using the service and the more funds he placed in the protocol, the more DFX tokens they received.
To collect the accrued DFX tokens, you need to go to the DeFireX website in the AirDrop section.
More details on the DFX distribution formula for early users can be found in the GitHub repository.
Liquidity Mining
A first stage of the liquidity mining program will go live March 16 2021 10:00 am UTC.
The first stage of the liquidity mining program will last 1 week from the start and during this time 60,000 DFX will be distributed (0.6% of DFX total supply).
At the first stage, the following liquidity pools are provided for mining:
More information on farming pools and current APY can be found at DeFireX.
DeFireX Reward Distribution
DeFireX fee is 30% of the service users’ profit. All DeFireX profits are directed towards the buyback of the DFX token and distributed among the holders of DFX tokens. The buyback of tokens leads to an increase in the price of a token in the market. This ensures the stability of the DFX token economy.
In order to make DeFireX profit, you need to stake your DFX tokens into a Staking pool. If you do not have DFX tokens, but you want to make DeFireX profit, then you can buy tokens on PancakeSwap right now.
After you stake your DFXs, you will profit from them in DFX after the buyback from the market. Remember, the profit is not received continuously, but approximately once a day.
