$FACTR is the native token of Defactor. We believe that a well-designed token is the best means of coordinating a network, aligning interests and incentivising ecosystem growth.
The $FACTR token is required by asset originators to access the Defactor platform and services. Asset originators may be required a fee for each funding term.
Token holders that stake $FACTR will receive rewards. Staking locks the tokens in smart contracts for a fixed period of time. Rewards are correlated to time staked.
$FACTR will introduce a governance model to manage and optimise the network. It will allow token holders to participate in community decision-making.
Incentivise Positive Actions
A rewards program will be introduced and tokens will be given for referrals of asset originators and partners, through an ambassador program.
Association: Tokens set aside for the association will be controlled by the Defactor DAO, once a governance system is implemented and control over the operations have become sufficiently decentralised.
Private/Public Sale: These tokens were allocated to buyers that participated in the presale and launch sale.
Staking Rewards: Staking rewards are emitted through staking contracts where token holder lock their $FACTR.
Ecosystem & Partnerships: Partners and other parties in the Defactor ecosystem may be entitled to $FACTR tokens to incentivise ecosystem growth or reward accomplishments that gave positively impacted the ecosystem.
Team & Contributors: The team and the advisors, will be entitled to tokens which will serve a three-year vesting period.