Distribution — DEXTF tokens will be distributed every 4 weeks to users for a maximum amount of 50,000,000 based on an incentive scheme described below. DEXTF reserves the rights to change the schedule and update this document accordingly.
• Approximately 1,750,000 tokens will be distributed on the 7th October 2020 (first month of reward program).
• Afterward the distribution schedule is as follows:
Year 1 = approx. 10,000,000 tokens (4 weeks cycle)
Year 2 = approx. 5,000,000 tokens (4 weeks cycle)
Year 3 = approx. 2,500,000 tokens (4 weeks cycle)
Year 4 = approx. 1,700,000 tokens (4 weeks cycle)
Year 5 = approx. 800,000 tokens (4 weeks cycle)
• Portfolio managers will be allocated a number of tokens based on their fund performance and AUM
• Investor users will be allocated a number of tokens based on their investment activities on the protocol
• The DEXTF Team will retain a maximum of 30% of circulating supply for platform development and maintenance. These tokens will not be used during the voting period however the team reserves the rights to appeal a proposal (Veto power) if this is against the technology roadmap or poses a security risk to the platform
• Over time these key components of the governance system may change, if the community decides to upgrade them in a form of meta-governance. DEXTF holders will be the ultimate arbiters of the future direction of every aspect of the protocol