DIP-004 PROPOSAL ON REVISION OF ECONOMIC SYSTEM 2.0

humphreylau

New Member
Nov 5, 2021
7
0
[Proposal background]

Recently, the new upgraded version of dFuture V2 has completed the deployment of the second layer network of Ethereum, and has officially entered the public beta. With the help of Arbitrum's two-tier technology, the contract transaction will no longer be limited by BSC and Heco's 3-second block confirmation technology. At the same time, the way of DFT output based on each block in the original economic system will no longer be applicable.

Based on the summary of the previous DFT economic system, considering the more benign development of dFuture Token economic system, we suggest that dFuture V2 economic system should be reformed as follows.

[Proposal content]

  1. Total amount adjustment At present Heco and BSC have issued a total of 400 million DFT, and it is estimated that 70 million DFT will be transferred from Heco and BSC to Ethereum for issuance. After adjustment, the amount of DFT in Heco chain is 130 million, that in BSC chain is 130 million and that in the Ethereum chain is 140 million. Of the total 140 million DFT transferred by Heco and BSC in each chain, 28 million DFT is givento the team and investors, and thispart of DFT is transferred from theDFT pre-allocated by the original Heco and BSC to the team and investors. The rest.1.2 billion DFT is transferred from the mining partthat has not yet been produced.
  2. Output adjustment Since the DFT output speed of three chains is increased after the DFT is allocated to the ETH chain, in order to roughly match the output speed of competing products, we propose to reduce the DFT output from 3.75 to 1.875,that is, each chain can output 54,000 DFT every day.
  3. DFT allocation of Ethereum
(1) Non-mining part (pre-allocation)

Non-mining part accounts for 30%, totally 42,000,000 DFT;

10% of investors will be released linearly in 12 months from October1, 2021;

10% of the team will be released linearly in 24 months from October 1, 2021;

5% airdrop;

5% community vault.

(2) Mining part The mining part accounts for 70%,a totally of 98,000,000 DFT;

35% of the transactions are mining, and DFT is obtained by opening and closing contracts on dFuture platform;

17.5% LP liquidity mining, mortgage USDC on dFuture platform to provide transaction liquidity to obtain DFT;

17.5% second pool mining, providing DFT-USDT transaction in SushiSwap and obtaining DFT by second pool mining.

At the same time, due to the different block-out methods of Arbitrum, the mining partial reward is no longer accompanied by the block-out, but the mining iscarried out in an active way, and the total DFT reward within the activity period is set for each activity.