Tokenomics
We are ONE Community, we have ONE Token: DEFIT
Contract
DEFIT is a digital coin available on Polygon blockchain. Contract: 0x428360b02c1269bc1c79fbc399ad31d58c1e8fda Click here to view on Polygonscan
Supply and circulation
DEFIT has a maximum supply of 50,000,000 tokens.
100% of pre-sale and team tokens are fully vested since November 2021.
DEFIT Club Members hold 10,384,237 $DEFIT tokens as of July, 13th, 2023. Representing 38% of the total circulating supply.
A total of 913,674 $DEFIT tokens were rewarded to DEFIT community since launch.
There is currently 27,320,079 $DEFIT tokens in circulation as of July, 13th, 2023. All details can be found in real time via our API links: Overall supply: https://defit.com/api/?q=totalcoins Circulating supply: https://defit.com/api/?q=circulating
Token allocation and distribution
100% of the supply is minted since May 2022.
Category | Allocation | Balance |
---|---|---|
Floating token supply in circulation + DEX | 37.5% | 18,779,974 |
M2E Rewards for sport activities | 25% | 12,500,000 |
Operations and liquidity for future CEX listing | 15% | 7,500,000 |
Treasury available for future needs | 12% | 6,000,000 |
Marketing for giveaways and campaigns | 7.5% | 3,720,026 |
Team allocation for OKR incentives | 3% | 1,500,000 |
Fees & Utilities
DEFIT is the premium token to be earned and used for in-app Move to Earn game mechanics. Upon release of our utilities a buy/sell tax on DEX will be implemented as indicated below: 2% Buy tax / 6% Sell tax Collected taxes are used to support the project operations with a finite low supply of 50M tokens. It also contributes to further reduce price volatility.
100% of all taxes go back to Move-to-Earn reward pool
Connect your Wallet Connect the primary web3 wallet you want to use with the DEFIT app. We currently support: Metamask, Trustwallet, Ledger, Crypto.com wallet, IToken (Huobi wallet), Bitkeep. Note: Please refer to Connect my Web3 Wallet for the process flow and troubleshooting.
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