Project: DeFiner

Token: FIN

     

Introduction

DeFiner is a decentralized finance network for crypto savings, loans, and payments. Powered by blockchain technology, DeFiner’s decentralized financial (DeFi) platform enables users to effortlessly lend, borrow, and earn digital assets within a global network. At the same time, DeFiner has improved the existing decentralized lending model: 1) It allows both the borrower and the lender can obtain the best interest rates, by placing unborrowed funds into other decentralized money market protocols (Compound, Maker DAO, etc.) to generate yield, this ensures the utilization rate of deposits always exceeds 85%; 2) offering the option to repay loan directly via collateral; 3) offering personalized fixed-period deposit and loans.

 

 

Initial Total Supply: 168,000,000

Initial Circulating Supply: 1,106,000

Issuance Price: $0.6

Official Website: https://definer.org

Explorer: https://etherscan.io/address/0x054f76beed60ab6dbeb23502178c52d6c5debe40

Whitepaper: https://github.com/DeFinerOrg/whitepaper/wiki/DeFiner-Whitepaper

Telegram: https://t.me/DeFiner

Twitter: https://twitter.com/definerorg

Medium：https://medium.com/definerorg

 

 

Token Distribution：

Team and Equity Investors: 8,400,000 FIN, 20% of Total Supply

Private Sale A: 1,260,000 FIN, $0.25/FIN，3% of Total Supply

Private Sale B: 1,683,333 FIN, $0.4/FIN，4% of Total Supply

Private Sale C (CoinList): 416,667 FIN, $0.6/FIN，1% of Total Supply

Strong Holder Offering (DAO Maker): 160,000 FIN, $0.6/FIN, 0.38% of Total Supply

Foundation Operations: 10,500,000 FIN, 25% of Total Supply

Partners and Advisors: 4,880,000 FIN, 11.62% of Total Supply

Marketing and Community: 8,400,000 FIN, 20% of Total Supply

Staking Reserve: 6,300,000 FIN, 15% of Total Supply

 

DeFiner will also its own yield farming program called "Proof Of Premium (POP)" mining, and farming rewards will be auto-adjusted based on the price of FIN and Total Locked Value of each asset class. This controls the net farming yields for both lenders and borrowers within a target range for each asset class. Mining rewards will be subject to issue and release over a 50 year period, and will be capped at 126,000,000 in total with annual inflation rate below 2%. 

 

 

Token Vesting Schedule:

Team and Equity Investors: 12 month cliff, then quarterly vesting for 12 months

Private Sale A: 10% unlock at day 0, remaining quarterly vesting for 3 quarters

Private Sale B: 20% unlock at day 0, remaining monthly vesting for 5 months

Private Sale C (CoinList): 20% unlock at day 0, remaining monthly vesting 16% for 5 months

Strong Holder Offering (DAO Maker): 100% unlock at day 0

Foundation Operations: 200,000 unlock at day 0, remaining vest over 5 years every half a year

Partners and Advisors: 6 month cliff, then quarterly vesting for 12 months

Marketing and Community: vested based on demand (200,000 unlock at day 0)

Staking Reserve: vested based on demand