YFX Token Genesis Mining
Community (60%): Genesis Mining, Airdrop, other marketing activity and community rewards. These tokens will distribute to community in three years. 50% for the first year, 25% for the second and third year.
Strategic Partner (10%): 30% of this party will be released when YFX token start to distribute. 70% of this part will be linearly release in one year.
Team and Early investor (25%): 20% of this part will be released to team and early investor when YFX token start to distribute. 80% of this part will linearly release in one year for Early investor and two years for the team.
Strategic Investor (5%): This part will reserve for strategic investor in the future. 30% will be release immediately, the rest 70% will be linearly release in one year.
Economic model for YFX token:
YFX token distribute on different blockchain.
Blockchain |
Total Supply |
First Round Mining |
Second Round Mining |
ETH |
50,000,000 |
- |
- |
Heco |
10,000,000 |
1,000,000 |
2,000,000 |
BSC |
10,000,000 |
1,000,000 |
2,000,000 |
Tron |
10,000,000 |
1,000,000 |
2,000,000 |
OKChain |
10,000,000 |
- |
- |
Polkadot |
10,000,000 |
- |
- |
This number may be vary, we may adjust the supply on each blockchhain due to trading volume. The total supply amount and first round token amount won't be affected.
For the first round of genesis mining, there will be 3,000,000 YFX token mined out by Trade Ming, Liquidity Mining and Trading competition. The first round will last for 2 weeks on Binance Smart Chain, Heco and Tron.
Blockchain |
First Round Supply |
Trade Mining |
Invitation Rewards |
Liquidity Mining |
Trading Competition |
Heco |
1,000,000 |
600,000 |
100,000 |
200,000 |
100,000 |
BSC |
1,000,000 |
600,000 |
100,000 |
200,000 |
100,000 |
Tron |
1,000,000 |
600,000 |
100,000 |
200,000 |
100,000 |
YFX token will be released after the second round of Genesis Mining ends. Estimate no later than middle of April. All mined tokens will be released at the same time. No lock up period.
Trade on:
BSC: https://bsc.yfx.com/
Heco: https://ht.yfx.com/
Tron: https://trx.yfx.com/
For trade mining, you need to trade on the trading pairs below to get YFX token. We may add new trading pairs later.
Tron |
BTC_USDT(USDT), TRX_USDT(TRX) |
Heco |
BTC_USDT(USDT), ETH_USDT(USDT), BTC_USDT(HT) |
BSC |
BTC_USDT(USDT) |
The following wallet support trading on YFX: Meta Mask, Tronlink, Huobi Wallet, Trust Wallet, Math Wallet, imtoken, Token Pocket, Bitkeep, Bitpie, HyperPay.
You will receive 1 Hash Power when you hold a position valued at $1. For example, whenever you trade a position that worth $1200.60, you will get 1200 Hash Power.
Est. YFX tokens rewards = Your Hash Power for Trade Mining / Total Hash Power for Trade Mining * YFX Trade Mining token pool
Provide liquidity to YFX’s market maker pool. The more liquidity you provide, the more Hash Power you got. The longer time you hold the LP token, the more Hash Power you get.
You will get 1 Hash Power for 1 USD Valued add to market maker pool every minutes. You will get 1 Hash Power for 1 USD Valued add to market maker pool every minutes. For example, if you add $10 USD to the liquidity pool, you will get 10 Hash Power from the next minute. If you hold this for an hour, you will get 600 Hash Power.
Est. YFX tokens rewards = Your Hash Power for Liquidity Mining / Total Hash Power for Liquidity Mining * YFX Liquidity Mining token pool
It will be disqualified if you transfer LP token to other address.
*Trade Mining and Liquidity Mining are two different pools; the hash power will be calculated separately.
We will reward top winning and top losing account with YFX token.
1st place (who earn the most in trading) |
30,000 |
2nd place |
20,000 |
3rd place |
10,000 |
Last place (who lose the most in trading) |
10,000 |
4 - 13 |
2,000 each |
Last 2 - 11 |
1,000 each |
Invite other people to participate in YFX Genesis Ming, will receive more Hash Power. You get 10% of your invitee’s Hash Power.
When the invitee makes any trade, you will get Hash Power of his/her trade. The more people you invite, the more Hash Power you got.
Risk Alter:
YFX token have not issued yet or listed on any exchange or swap.
There's no public sale for YFX token. Participate in Genesis Mining events is the only way to get YFX token.
There is no investment value in YFX token. YFX token is the utility token in YFX network.
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Reference:
Website: https://www.yfx.com/
Twitter: https://twitter.com/YFX_Defi
Telegram: https://t.me/YFX_EN
Discord: https://discord.gg/xwAtjpabC5
Media Contact: media@yfx.com