Who and how can earn on DFILE

Denis Shelestov
DeNet
Published in
2 min readSep 24, 2020

We at DFILE planned a series of posts about the product, and started with the Announcement, in the following articles , we will analyze how and who can earn money.

There are several different user groups for DFILE, and each user group has different timelines and different ways of generating passive / active income from the DeNet ecosystem.

Recall that the first owners of file tokens will be exclusively DeNet(DNET) token holders in the ratio of 1 to 1.

Let’s analyze time intervals and user groups.

Horizon “Start” 1–2 months

To start with a little theory, tokens issued by DNET make up 0.36% of the total issue of DFILE tokens, at the same time, taking into account the annual vesting, only 0.03% will be available every month (1/12 of 0.36% of the total number of DFILE tokens) For two months there will be 0.06% of tokens unlock

DeNet now has about 18 thousand DNET token holders, on average, each user owns 1000 tokens, which means that in the first month, at best, 83 tokens per active user will enter the market.

At this time, we are listed on UniSwap and give staking for token holders, since the initial tokens are unfrozen for 12 months, which means that in the first weeks, at the time of high demand, a very small number of tokens will be available on the market, this fact will raise the price of the token so that DFILE capitalization can increase at the moment up to $ 5 or even 10 billion.

Of course, the more time passes from the start, the more likely it is that the price will decline to its market level, but the fact that the capitalization is high will attract the attention of many DeFI market players.

Who can earn money at the start?

  • Speculators who will have time to enter at the very beginning after listing on Uniswap
  • Owners of DFILE tokens who received them due to their previous ownership of DNET tokens.
  • Those who buy tokens on Uniswap and will immediately hold.

Traders can become speculators only by buying tokens inside Uniswap for resale, or to generate staking income with liquidity support.

Nevertheless, a speculator can buy tokens, for example, for $ 1,000 during the first month, receiving 8% on staking (0.25% per day), which is approximately equal to the number of tokens that are unlocked per month from DFILE holders.

The final possible income is 8% from staking for a month and up to 10,000% on full resale.

Subscribe Telegram & Medium to be aware

--

--