first deflationary token
which can also be staked!
Every address-to-address transaction reduces the amount of tokens involved in that transaction at a rate of 5%. With a live ecosystem, this results in the scarcity of the token, increasing its value, and discouraging people from selling it.
Token holders will be able to stake their tokens on Ethereum Network first. This feature will be enabled on Polkadot Network as well at a later development stage.
Defiance is a community-focused project, where each team member equally endeavors to make this initiative successful and beneficial for the community.
Throughout the development of the project, a governance model will be implemented to enable the community members to decide on the evolution of the project.
High liquidity with locked funds
In case the hard cap is reached during the sale, 2205 ETH – 1,500,000 DEF will be pooled. If the hard cap is not reached, ~48% of the ETH collected from the sale will be added as liquidity to the Uniswap Pool. In any case, the funds in the pool will be locked. This approach will eliminate the potential of a rug pull and it will provide a smooth trading experience with a low slippage rate.
Passive income opportunity for Defiance stakers
With the deflationary nature of the DEF token, 2.5% of the tokens in each transaction get burnt, while the remaining 2.5% of the tokens get distributed amongst the stakers. DEF token holders will enjoy some additional perks with the future collaborations that are in the pipeline.
- Project Launch
- Private and Public Sale
- Staking Portal Launch
- Implementing on Polkadot
- Migration to Polkadot
- ERC20 <=> Polkadot Bridge
- Governance Modelling
- DAO R&D Implementation
- Staking Portal V2 Modelling
- Launch of the fully operational DAO
- Launch of Staking Portal V2
- Governance Launch
(Locked for 1 Year)
Token Distribution and Price
Private sale price: 1 ETH = 1350 DEF
Public sale round 1 price: 1 ETH = 1150 DEF (Hardcap: 1521 ETH)
Public sale round 2 price: 1 ETH = 1000 DEF (Hardcap: 2500 ETH)
Uniswap listing price: 1 ETH = 680 DEF
- All prices are pegged to ETH.
Seed and private sale with 50% of the total token supply
Team Funds will be locked for one year and will be used in the future for the further development of the project.
Uniswap Liquidity will be locked immediately as the liquidity is added to the pool.
Marketing Fund will be used for marketing, awareness, partnerships, and exchange listings.
Development Fund will be used for additional developer sourcing and development activities.
Token Release Schedule
With the Private Sale, the DEF tokens will be instantly distributed to the investors, but the transfer feature will be locked until the public sale starts.
- Team funds will be locked for one year.
- Marketing funds will be available for use and will be distributed to partners, companies, or business associates within the agreed budgets.
- Development funds will be used to cover the fees of hiring additional developers during the transition process to the Polkadot ecosystem and for implementing further development stages and will not be locked. These funds will be shared in line with the agreements made.
- All unlocked funds will be distributed partially over a period of time without affecting the market price.
️It’s basically a deflationary token with a staking feature. Elaborating on this, one can say that it is a DAO that will provide many benefits to its holders in the future with a unique governance model.
We aim to be a DAO, not just a deflationary token. We are working hard to be one of the important cross-chain DAOs shortly. Also, we have cooperation plans such as implementing our governance model to different products.
Polkadot Network is one of the most robust platforms in the cryptosphere due to its security, speed, flexibility, and working capacity between different networks. In this context, Polkadot Network will provide great potential for the project.
The exact migration date will be clarified. Technical competencies and requirements are currently being studied.
Yes, there are measures taken for such situations. We are currently unable to share these methods not to create any security vulnerabilities.