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.