Defiance

Defiance

Created using Figma
Created using Figma
Defiance (DEF) is a deflationary ERC20 token (for now, soon it will be implemented on Polkadot network, too) with a reward system for holders. Unlike other cryptocurrencies, there will be less and less DEF as time goes on with a built-in deflation feature. DEF uses a combination of built-in deflation and staking features as its primary DeFi functionality. 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.
4 Days
Nov 20, 2020
Nov 24, 2020
100% completed
Raised funds - no Data
Goal 715 000.00 USD
past
  • 1 DEF
    =
    0.41 USD
Token Details
Ticker
DEF
Total supply
10000000
Token Distribution
Team Fund 20% 2.000.000
Marketing 7,5% 750.000
Development 7,5% 750.000
Presale 50% 5.000.000
Uniswap Pool 15% 1.500.000
Additional Details
Platform
Polkadot
Categories
Platform

Features

Deflationary

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.

Cross-chain staking

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.

Leaderless structure

Defiance is a community-focused project, where each team member equally endeavors to make this initiative successful and beneficial for the community.

Governance model

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.

Defiance Roadmap

  • Q4 2020

  • Project Launch
    Private and Public Sale
    Uniswap Listing
    Staking Portal Launch
  • Q1 2021

  • Implementing on Polkadot
    Migration to Polkadot
    ERC20 <=> Polkadot Bridge
  • Q2 2021

  • Governance Modelling
    DAO R&D Implementation
    Staking Portal V2 Modelling
  • Q3 2021

  • Launch of the fully operational DAO
    Launch of Staking Portal V2
    Governance Launch

Activity

Followers:
599
LOW
Tweets:
103
MEDIUM
30 Days Growth:
429
Members:
2 046
MEDIUM
30 Days Growth:
1185

Defiance Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Sergio
Co-Founder
unverified
Charlie
Co-Founder
unverified
Chloe
Community Manager
unverified
Erik
Developer
unverified

Defiance Last News

N/A
5.0 6
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