🪙Governance token (DCF)

Current token status. Subsequent new proportional allocation is updated after voting.

What is DCF?

To enhance liquidity and capital efficiency for users, we are introducing the conversion of users’ balances of all existing DarkCrypto Ecosystem tokens into a single token called DCF.

Its primary purposes are to empower users with more chances to contribute to the direction of DarkCrypto Foundation and to benefit the community by distributing profits from the entire ecosystem via locking DCF and DarkNFTs to get veDCF. In details, the higher the profits, the greater the gains distributed among users and the lower the risk of undesirable effects, such as Impermanent Loss.

Why should you hold and lock DCF?

DCF as the foundation of the entire ecosystem: DCF is required to join the governance of DarkCrypto Foundation, with 2 main functions: Voting and Staking, which requires DCF locked within the protocol.
DCF is a deflated token: The only way to get DCF tokens is to migrate DarkCrypto's ecosystem tokens or buy them on the market. In the future, if the demand for DCF increases, we will use a governance vote to decide whether to print more DCF or not.
Various utilities: Outside of lock-to-earn strategies, we have made more utilities available to DCF so that users can take advantage of high liquidity and a use case token to flex their investment options.

DCF utilities

The DCF token will be the governance token of the entire DarkCrypto Ecosystem with many use cases as follows:

Governance (voting rights) for DarkCrypto Foundation’s proposal
Stake DCF to earn USDC (required DarkNFTs)
Currency for some specific dApps of DarkCrypto Foundation

DCF tokenomic & distribution

Name: DarkCrypto Foundation token
Ticker: DCF
Contract: 0xFa202a63234A7089EDdbFEee83c378ba248f0e9a
Distribution:

Migration: 30,000,000. All DCF that were not migrated have been burned.
Initial Liquidity: 1,000,000
Currently DCF isn’t minted anymore. If more DCF need to be minted, it will depend on a voting result in the future (28-day timelock).

The DCF token will be the governance token of the entire DarkCrypto Ecosystem with many use cases as follows:

Governance (voting rights) for DarkCrypto Foundation’s proposal
Stake DCF to earn USDC (required DarkNFTs)
Currency for some specific dApps of DarkCrypto Foundation

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Last updated 2 years ago

What is DCF?

To enhance liquidity and capital efficiency for users, we are introducing the conversion of users’ balances of all existing DarkCrypto Ecosystem tokens into a single token called DCF.

Why should you hold and lock DCF?

DCF as the foundation of the entire ecosystem: DCF is required to join the governance of DarkCrypto Foundation, with 2 main functions: Voting and Staking, which requires DCF locked within the protocol.

DCF is a deflated token: The only way to get DCF tokens is to migrate DarkCrypto's ecosystem tokens or buy them on the market. In the future, if the demand for DCF increases, we will use a governance vote to decide whether to print more DCF or not.

Various utilities: Outside of lock-to-earn strategies, we have made more utilities available to DCF so that users can take advantage of high liquidity and a use case token to flex their investment options.

DCF tokenomic & distribution

Name: DarkCrypto Foundation token

Ticker: DCF

Contract: 0xFa202a63234A7089EDdbFEee83c378ba248f0e9a

Distribution:

Migration: 30,000,000. All DCF that were not migrated have been burned.

Initial Liquidity: 1,000,000

Currently DCF isn’t minted anymore. If more DCF need to be minted, it will depend on a voting result in the future (28-day timelock).

The DCF token will be the governance token of the entire DarkCrypto Ecosystem with many use cases as follows:

Governance (voting rights) for DarkCrypto Foundation’s proposal

Stake DCF to earn USDC (required DarkNFTs)

Currency for some specific dApps of DarkCrypto Foundation