$FACTR is the native token of Defactor. We believe that a well-designed token is the best means of coordinating a network, aligning interests and incentivising ecosystem growth. Incentivise Positive Actions The purpose of the FACTR token is to coordinate the Defactor ecosystem and incentivise positive actions from all ecosystem participants – be they validators, asset originators or active token holders. Tokens will be awarded for actions such as referrals and successfully completing deals. They will also be offered as an incentive for asset originators and other key ecosystem partners to contribute to the platform.
Network Access $FACTR is required to access Defactor’s services. Asset Originators must pay a fee in $FACTR for platform access. This fee will be based on a spread of the financial value of the transaction being processed. Staking Token holders who stake $FACTR will be eligible for staking rewards. This gives a further incentive to hold $FACTR and enables a wider global community to participate in the Defactor ecosystem and avail of its benefits. Governance $FACTR is the governance token of the Defactor network, which allows token holders to signal and support the operations of the ecosystem and delegate powers to its participants.
Phase 1: Launch 2021
Phase 2: Grow 2022
Phase 3: Scale 2023+
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