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Whitepaper defi token

DEFI Token & Airdrop

The Defiway ecosystem consists of 4 major products:

Cross-chain bridge: supports 11 networks including Tron and Base, offers lowest fee on the market (0.2%).

Defiway Wallet is the all-in-one crypto wallet that offers complete financial freedom. Already available on AppStore, Google Play and as Chrome Extension.

Defiway Pay allows businesses and individuals to accept crypto payments online securely and cost-effectively across the globe.

Defiway's PayRoll product allows you to send freelance commissions, affiliate rewards, and employee payrolls with your crypto wallet.

All our products are already in operation and have customers. To familiarize yourself with our ecosystem, we suggest starting with the bridge and wallet.

New DEFI token is a crucial step in creating a perfect DeFi ecosystem. The airdrop of DEFI is meant to decentralize governance for the project by granting DEFI holders a role in governance that will allow them to define further utilities, fees, products, network choices etc.

Token Distribution

  • • Ticker: DEFI
  • • Supply: 100,000,000
  • • Chains: Multichain. Polygon first. Other networks next
  • • Lock Up: All the tokens will be unlocked right after airdrop. The exact ratio depends on the number of contest participants and their activity.

Token Allocation

Distribution Distribution

Governance

The governance system allows DEFI holders to impact the project's direction. Defiway has already launched 4 decentralized products. Each of the products is a blockchains startup. Each of them needs the decisions for the sake of growth and further development. Examples of decisions:

  • - fee changes
  • - adding new networks
  • - smart contract changes
  • - new product launches
  • - token utility

As the market and various projects evolve and regulators' attitudes towards using tokens to generate revenue change, we plan to add more utility to DEFI token.

Airdrop

  • • Airdrop contest calendar: APRIL 1, 2024 12:00 - JULY 1, 2024 12:00 (UTC)
  • • Tokens to distribute: up to 100,000,000

A user does not need to have any tokens in the wallet to participate. A user needs to have a metamask wallet or similar. Multi-accounts will be excluded from the list of participants. A user can participate simultaneously on both platforms where the airdrop will be held.

Airdrop is roughly divided into two categories, Social Airdrop (SA) and Adopters Airdrop (AA). SA mainly consists of simple social media tasks. AA consists of tasks related to our products. For example, to bridge tokens on our bridge, or to install our app.

For all these tasks, the user gets points. SA is conducted on the Zealy platform. AA is held on the Tide platform. A user can participate in both at the same time from one wallet.

The more points you gain, the more tokens you get. It is impossible to predict the exchange rate of one point for a DEFI token. The rate will depend on the number of participants and points earned.

SA participants will receive a total of about 45-65% of the tokens given out. AA participants will receive 35-55%. Since the tasks for AA are more difficult, an AA participant will on average receive more than an SA participant. The exact number and ratio depends on the number of contest participants and their activity.

If user 1 scores 5 times more points than user 2, it doesn't mean that user 1 will get 5 times more tokens. Points accumulated in different campaigns are not summarized.

Please note that there will be a minimum points threshold below which you won't be eligible for the airdrop. The purpose of this step is to eliminate bots and maximize potential benefits for the most active members of our community.

Adopters Airdrop (AA)

Tide, a Web3 incentive protocol, will monitor the incentive program's participants with its set of smart contract monitoring tools. Tide ensures that contributions to the Defiway ecosystem are recognized and rewarded.

The Tide platform will use a tier and points system to track the amount of capital bridged on Defiway bridge. Participants will receive higher rewards based on the bridged amount. Other tasks can include installing our app, retweets, and so on.

To participate, users must register on the Tide campaign board with their Web3 wallet address and will automatically receive an NFT for tracking purposes. Users can verify their eligibility for rewards at any time on the Tide board by connecting their wallets.

  • Step 1: Prepare Your Web3 Wallet

    (MetaMask or similar). This wallet will be used to register and receive your rewards.

  • Step 2: Register on the Tide Campaign Board

    To participate, go to the Tide campaign board and register with your Web3 wallet address. You will receive an NFT for tracking purposes, so make sure to connect your wallet to verify your eligibility for rewards at any time.

  • Step 3: Fulfill the tasks

    The more tasks you complete, the more points you get. More operations on the bridge - more points. The larger the operations, the more points you get. Tide tracks ONLY EVM networks, so bridge transactions should be made with EVM networks (we recommend choosing one with the smaller network fees). The wallet should be the same, Tide will be able to automatically calculate the number and amounts of transactions, you don't need to login into your Tide account and click something every time.

    Blockchains tracked: ethereum, arbitrum, optimism, polygon, base, bnb, avalanche.

  • Step 4: Stay Informed

    Keep an eye on the Tide campaign board to check your eligibility status for the airdrop. This board will continuously display your progress and qualification status.

  • Step 5: Wait for Reward Distribution

Social Airdrop (SA)

Zealy, a Web3 incentive protocol, provides a list of one-time and regular tasks for which users receive points. More points, more tokens.

  • Step 1: Prepare Your Web3 Wallet

    (MetaMask or similar). This wallet will be used to register and receive your rewards.

  • Step 2: Register on the Zealy Campaign

    To participate, go to the Zealy platform and register with your Web3 wallet address.

  • Step 3: Fulfill the tasks

    The more tasks you complete, the more points you get.

  • Step 4: Stay Informed

    Keep an eye on the Zealy campaign board to check your eligibility status for the airdrop and the new tasks. This board will continuously display your progress.

  • Step 5: Wait for Reward Distribution

You can invite a friend to participate in the airdrop!

Use the "Invite a Friend" function on Defiway’s Tide or/and Zealy spaced to generate your referral link.

If the person you’ve invited successfully participates in the airdrop campaign, you'll receive 5% of their airdrop bonus.

  • Safety

    This document is not an offer to sell or solicit an offer to purchase any DEFI tokens, nor is it an advertisement or promotion for investment activities. It should not be relied upon for any advice, including legal or financial counsel. The content contains hypothetical figures subject to change, and DEFIWAY makes no warranty regarding its accuracy. Information herein may change without notice.

    All social channels are listed on official web pages of DEFIWAY. DEFIWAY affiliated moderators and team members will never reach out to you first or solicit any kind of personal information.

  • Third-Party Services

    The Campaign requires you to use certain third-party services in order to participate in the Campaign. Third-Party Services are not controlled or provided by us and we are unable to assist you in using them. You are solely responsible for your use of any Third-Party Services.

  • Acceptance of the risks

    As the user, you are responsible for the safekeeping of your private keys, passwords, back-up phrases and any other information used to access your crypto-assets. You are responsible for taking appropriate action to back up any necessary information that you need to access your crypto-assets and to keep such information safe. DEFIWAY does not have access to your private keys, passwords or other information used to access your crypto-assets. If you lose your private keys, passwords or backup phrases, your crypto-assets will become inaccessible.

    You confirm that you have sufficient financial and technical knowledge to participate in the Campaign and to use the Third-Party Services and that you understand the inherent risks associated with blockchain-based systems, including potential security breaches, hacks, bugs, programming errors, and the immutability of code, which may result in financial losses. You are using any Third-Party Services at your own risk.

    You agree and accept that we are not accountable for these risks, do not control your transactions, do not act on your behalf in any way and cannot assist you if the Third-Party Services fail to operate as intended. Consequently, you agree to assume full responsibility for all risks associated with participating in the Campaign and using the Third-Party Services.