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.
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.
Defiance is a community-focused project, where each team member equally endeavors to make this initiative successful and beneficial for the community.
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.
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.
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.
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.