Breakdown

DeFido Tokenomics breakdown

The initial fixed supply on the V1 smart contract on the Binance Smart Chain was 100 million tokens and the initial decentralized exchange set the market capitalization of the token to less than $1000 USD.

When the ERC-20 token was created on the Ethereum network and a v2 version of the BEP-20 token was created, the total fixed supply was increased to 128 million tokens to facilitate trading liquidity, stability and bridge liquidity. The project is committed to buy back and burn 28 million tokens to achieve a final circulating supply of 100 million tokens.

This token includes the following features:

DEX trading transaction tax

• 4% of the transaction value is distributed proportionally to holders of DEFIDO on the blockchain that the trade took place, denominated in DEFIDO. This is an “Auto-Staking” feature that encourages holding of DEFIDO.

• 4% of the transaction value is distributed to a multi-signature marketing wallet, denominated in the native currency of each blockchain (BNB and ETH). This wallet is maintained by the DEFIDO core team members and requires 3 signatures for every transaction.

• Taxes are adjustable in the event that the community and the project decide to modify them in the future.

• No tax on inter-wallet transfers.

• Anti-Bot Blacklisting capability to ensure the fair trading on DEX exchanges.

• The ability to halt DEX trading to support future contract upgrade needs.

• The contract meets all other specifications within the ERC-20 and BEP-20 standards.