Tokenomics

Total GFI Supply: 1,200,000,000 distributed as follows:

1. 100,000,000 : Seed Investors and Founders. Price: 0.0000125 ETH per GFI

2. 100,000,000 : Treasury (Development Fund).

Seed investors, founders and Treasury owned tokens are locked for 12 months. During this 12 month period, locked GFI can not be transferred, sold, staked in farms or claim wBTC (withdrawal and burn). They can withdraw the ETH component of the platform earnings.

3. 100,000,000 : Promotions, Community Challenges, Marketing and Incentives. These will be distributed at the discretion of the team.

Some tokens distributed from this allocation may be vested for a 12 month period and will not be able to be transferred, sold, staked in farms of claim wBTC (withdraw and burn). Vested coins can still claim the ETH component of the platform earnings.

4. 40,000,000 : IDO Price: 0.000025 ETH per GFI Note: 100% of funds go to the Treasury to pay for platform development. Any unsold tokens will be distributed via airdrops to the participants over a 10 months period (10 equal value drops) starting in September 2021. The individual airdrop amounts will be calculated proportionately based on the participants contribution to the IDO pool.

There were a total of 25,927,600 GFI unsold IDO tokens.

5. 860,000,000 : Farming rewards for staking LP tokens and a select few tokens from other DeFi projects to earn GFI.