DeFi11 TOKENOMICS – an overview of $D11 token.

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defi11

4 min readSep 19, 2021

As we are gearing up for the most anticipated DeFi11 $D11 IDO on Polystarter and Red Kite on 20th September, we thought it would be the best time to catch up on all the details and explain the tokenomics behind $D11, the native token of DeFi11.

$D11 Tokenomics

Token Symbol: $D11
Total Token Supply: 275,000,000
$D11 Price (USD) Public Sale: $0.15
Initial Market Cap on TGE: $62.5k
IDO on Red Kite at 11 AM UTC and on Polystarter at 1 PM UTC on 20th September.
$D11 listing on AscendEX, read more HERE and on QuickSwap: 20th September at 1 PM UTC.

Token Allocation and Distribution

Seed Sale: Allocated to investors in Seed Sale – (3.24%) 8,925,000 $D11
Private Sale: Allocated for investors in Private Sale – (12%) 33,000,000 $D11
Public Round: Allocated for Public Sale – (0.3%) 833,333 $D11
Core Team: Allocated for core team members – (19.45%) 53,491,667 $D11
Community Reserve – (23%) 63,250,000 $D11
Rewards & Incentives – (8%) 22,000,000 $D11
Treasury – (20%) 55,000,000 $D11
Early Advisor Pool – (2%) 5,500,000 $D11
Value Advisor Pool – (1%) 2,750,000 $D11
Future Team Members – (4%) 11,000,000 $D11
Loyalty Reward Pool – (7%) 19,250,000 $D11

Token Vesting Schedule

Seed Sale: 1 month cliff, 10% unlock on Day 30 after TGE, remaining linearly for 9 months. Price per $D11 token: $0.059
Private Sale: 1 month cliff, 15% unlock on Day 30 after TGE, remaining linearly for 9 months. Price per $D11 token: $0.10
Public Round: 50% unlocked at TGE, remaining linearly over next 2 months. Price per $D11 token: $0.15
Core Team: 100% locked at TGE, 6 months cliff, vested over next 15 months.
Community Reserve – 3 months cliff, Gradually vested over 48 months.
Rewards & Incentives – 15 day cliff, 2.5% unlocked on Day 15 after TGE, Gradually vested over 24 months.
Treasury – 1 month cliff, Gradually vested over 24 months.
Early Advisor Pool – 3 months cliff, quarterly releasing over 18 months.
Value Advisor Pool – 3 months cliff, quarterly releasing over 24 months.
Future Team Members – 3 months cliff, vested over 12 months; milestone based.
Loyalty Reward Pool – 3 months cliff, gradually vested over 24 months.

Update for Launchpool Users

Here are few quick updates -

DeFi11 is launching on September 20, 2021 via a dual IDO on PolyStarter and RedKite followed by a CEX listing on AscendEx at 1PM UTC.

2. As a strategic move, in order to ensure best ROI for our investors and partners in the long run, we have decided to put a 30 day cliff on all initial investor unlocks. We understand that you are a long term backer of DeFi11 and have the same constructive vision towards the project’s growth, hence we expect the same amount of support from you.

Please be assured that we have tried to be fair with all of our partners and hence the same cliff has been applied to all the investors (both seed and private). The public sale has also been vested for 2 months. All other vesting terms remains same for the Launchpool users, i.e, 8 months linear vesting.

You can find the updated tokenomics in the Pitch Deck on our website – www.defieleven.com

Link to pitch deck : https://defieleven.com/docs/DeFi11_Pitch_Deck.pdf

Also, mentioning the unlock schedule here for reference

LaunchPool Vesting : No unlock till 30 days post TGE/Launch; after that linear vesting for next 8 months.

So, now that you have understood the $D11 Tokenomics, why not lock some $D11 in our upcoming IDO?

DeFi11 $D11 IDO will be live on RED KITE at 11 AM UTC and on Polystarter at 1 PM UTC on 20th September, 2021.

DeFi11 IDO on Polystarter steps: http://bit.ly/3tFyjjw

DeFi11 Community Pool on Red Kite steps: https://medium.com/polkafoundry/defi11-community-pool-for-d11-ido-is-now-open-with-no-tier-or-whitelist-required-b508d8a57974

DeFi11 IDO Pool on Red Kite steps: https://medium.com/polkafoundry/defi11-ido-pool-on-red-kite-is-open-33-050-d11-allocation-to-win-for-ksm-contributors-bcf685069e46

Stay tuned and make sure you follow our social channels to stay updated.

About DeFi11:

DeFi11 is a DeFi powered decentralized gaming ecosystem built on top of Matic Blockchain with Ethereum as the base layer. The platform aims to establish ethical standards in gaming by making the system transparent, auditable and incentivizing. In this way, we are trying to bring more individuals to an already ripe gaming market, which has been stifled due to lack of innovation.

Re-imagine the Blockchain Gaming Experience

👥 Official Social Media Links: