Transparency Commitment
This page describes DOMANI’s use of tokens, partners, and investors associated with the project.
DOMANI is committed to realizing a very ambitious plan with a long-term view with respect to the success of DOMANI Protocol and our role in supporting it.
In an effort to provide transparency to our community, we are pleased to provide the public a breakdown of current token holdings and any token sales.
To date, we have not completed nor are planning to run any private token sale to the public or to accredited investors.
Purpose of $DEXTF governance token
- $DEXTF is an ERC-20 token
- Total supply: 100,000,000 $DEXTF tokens (50% locked for at least 18 months)
- 1-to-1 voting rights (only through delegation, also to self)
- Minimum holding to submit proposals is 0.1% of total supply (100,000 $DEXTF).
- 5% quorum (5,000,000 $DEXTF) has to be reached for proposals to be included in the time-lock (minimum of 7 days need to pass for proposal implementation).
Allocation breakdown:
Item
Use
$DEXTF allocation
1
XTF fund tokens Portfolio Managers and Investors*
25,000,000 (25%)
2
XTF liquidity mining program*
25,000,000 (25%)
3
DOMANI team for platform development
30,000,000 (30%)
4
Allocation to be defined by community through governance
15,000,000 (15%)
5
Advisors
5,000,000 (5%)
6
Public Token Sales
0 (0%)
7
Private Token Sales**
0 (0%)
*Streamed to individual smart contracts via Sablier. $DEXTF to be claimed by the user
**No investor has been awarded any $DEXTF tokens as part of the funding.
Last modified 4d ago
Copy link