Thanks to our community for supporting us in the development of the DeFi Firefly (DFF) ecosystem. There have been many new members in the community that have recently joined us in our telegram channels.

We are aware of our responsibility. You can be sure that; we will spend all of our energy to grow our ecosystem with the support you give us. On this long road, We will climb the ladder of success step by step with you. Our Blog post is an analysis of the DeFi Firefly’S structure and how stakeholders will earn profit shares by using DFF ecosystem

Overview of Defi Firefly Token (DFF)

DeFi Firefly; is venture capital which empowering the decentralized interest free financial ecosystem and aims to distribute revenues as profit shares (rewards) to DFF stakers with Ethereum .

Our mission is to accelerate and support the development of a better decentralized financial ecosystem. We support blockchain projects at the incubation stage. We add value to projects with our own equity and experienced teammates. In this way we aim to contribute to the development and adoption of blockchain technology.

We invest in crypto assets and businesses from the earliest stages of idea formation through to maturity and we are unlocking the potential of blockchain ecosystem. We conduct cutting-edge crypto economic research, build core infrastructure, and help projects grow.

We offer chance for growing blockchain projects that require further investment for expansion or are in need of debt restructure.

We defend the view that interest is not a legitimate method of earning. Even though interest seems to be the time cost of money, In our view, interest is the theft of labor force. For this reason, the principle of equitable sharing of revenues and the transformation of money from the banking cycle that will contribute to the real economy is our constant motto.

Partnership is an interest-free method of financing as well as being a legitimate way of earning. Although it is difficult to predict the profit rate in the early period, research has shown that firms operating profits and dividends have always been higher than banks interest income. We believe that we filled a big gap with this proof of share method in the decentralized financial system;

DFF Supply Distribution

The distribution of the total DFF supply is as follows;

The DeFi Firefly will be composed of a total of 900,000 DFF Tokens. Initially 10% of the supply (90.000) will be allocated at private sale .Private sale starts at 09/09/2020. % 90 of the total supply will be allocated at public sale. Investors who will receive DFF tokens from private sales will be able to buy at a fixed price of 1.10 USD.

The public sale price will be 1,15 USD.The public sale will be available from 16/09/2020 through 20/09/2020 or until all tokens available have been sold. More information on the sale structure will released in an upcoming blogpost as the public sale nears.Public sale will be allocated at https://bounce.finance/

We are sharing with you our profit that we have earned as a result of our investments. 50% of our profit is sent instantly to our profit distribution wallets. When Ethereum s are collected in our Share distribution wallet, profit shares are automatically distributed to staker’s wallets by using smart contracts. Profit shares are distributed according to the dff token ownership amount.

Tokens will not be allocated for marketing, development, consultant and team or for any other costs. All expenses will be covered by our equity.

Our goal is to balance supply and demand in the natural economy cycle. After public sale, Circulating supply will be 900.000. In summary, 100 % of the Total supply (900.000 DFF) will be circulating.

We will continuously reduce the circulating supply by making buy backs in certain periods. DFF tokens that have been bought back will not be sold in the markets again. We will use buy backed tokens for staking at our platform .We aim to get more shares in profit distribution as a team.

After the public sale completes, we will be using some of the funds raised and a share of our DFF to help bootstrap liquidity pools on DEXs . The circulating supply will never rise over time because we will continuously reduce the circulating supply by making buybacks in certain periods. DFF tokens that have been bought back will not be sold in the markets again. We aim to get more shares in profit distribution as a team.

Use of Funds

The focused development of the protocol and the DFF ecosystem are top priorities. To this end, funds raised will not be used for development, marketing, grants, business development, funding loans for the introduction of additional asset classes into the ecosystem, operations etc…. All expenses will be covered by our equity. The funds raised will be used for blockchain projects and liquidity seeding in secondary markets.

OUR PORTFOLIO

All our investments are carefully examined by our experienced Advisors. Our analysis turns into investment, our investments turn into profit, and we obtain optimum income.

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GROWTH MODEL

· Excess Profit share revenue

· DFF Stakers will receive their dividends in ETH according to the ratio of the DFF amount.

· Buybacks will be at every quarter . DFF tokens that have been bought back will not be sold in the markets again. We aim to get more shares in profit distribution as a team.

· Awards will be given to our loyal investors during the year with our loyalty programs.

HOW IT WORKS ?

DFF’s smart contract design allows to distribute profit share of DFF Venture Capitals investment automatically executed without any need for a transfer between peers, and without the need any middle man. The protocol rules are encoded in smart contracts on Ethereum. Rules-based policies allow for predictable actions and measurable responses,and are effective checks against discretionary monetary policies.DFF’s smart contract design allows to distribute profit share of DFF Venture Capitals investment automatically executed without any need for a transfer between peers, and without the need any middle man. The protocol rules are encoded in smart contracts on Ethereum. Rules-based policies allow for predictable actions and measurable responses,and are effective checks against discretionary monetary policies.

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DFF’s smart contract design allows to distribute profit share of DFF Venture Capitals investment automatically executed without any need for a transfer between peers, and without the need any middle man

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DeFi Firefly; is venture capital which empowering the decentralized interest free financial ecosystem

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