A Fair Launch is conducted by Defily:
- Defily Dev Team (TB Labs) and Kardiachain Team started the protocol.
- No surprise launch date and list of assets for staking. The entire community knew a week in advance all these details.
- Team is publicly known and involved in ongoing operations.
- No investors or capital raised.
- No seeding of liquidity on exchanges by Defily.
- Leaving control and decisions to the community of how to best distribute and utilize a significant portion of token supply.
- Max supply capped at 1,000,000,000 $DFL Crosschain. 200,000,100 $DFL for Kardiachain. 799,999,900 $DFL for other blockchain.
- Farming rewards: 83% to Defily farmers
- 4.5% founder rewards for founding team (one of the founders is Kardiachain Team) and 4.5% dev rewards for TB Labs, and 8% goes to Defily DAO Treasury.
- Initial Farming (Genesis farming) period: 60,000,000 DFL (first 30 days) - 2,000,000 DFL per day.
- Perpetual Farming period: 140,000,000 DFL (endless and will never reach that cap)