PRF Fair Sale: Grab Your Spot from March 23–26

ETHA Labs
Parifi
Published in
3 min readMar 23, 2024

We are pleased to announce the upcoming launch of the $PRF Fair Sale will go live at 6 PM UTC today on our website https://sale.parifi.org/ from March 23rd at 6 PM UTC to March 26th at 6 PM UTC.

This token generation operates on a first-come, first-served basis, with 55,000,000 PRF tokens available at a fixed price of $0.012 each. If required, the public allocation can be increased to accommodate all interested participants. All unsold tokens will go towards the ecosystem fund and will be sold via bond offerings on an ongoing basis.

Additionally, participants can claim their purchased $PRF tokens immediately after the token sale concludes and begin utilizing them.

Chain Agnostic Participation

This Fair Sale was designed to be as simple and accessible as possible. To that end, chain agnostic participation is enabled, leveraging the partnership with Router, so anyone can easily purchase $PRF tokens regardless of their chain.

Parifi is fully committed to parity and inclusion, so welcoming new voices to our decentralized governance process requires open and seamless access to the token. Once this funding round is completed, the goal is to have a significant number of $PRF holders join the protocol’s governance.

How to Acquire PRF

The Parifi website has been set as an access point to the Fair Sale to keep the process as simple as possible.

To secure your PRF tokens, visit https://sale.parifi.org/ and navigate to the token sale section. Connect your wallet and use $USDC to purchase PRF tokens.

This funding round has a 100% release at TGE, so once the sale ends, you can claim your tokens on the Fair Sale page.

At this point, it’s time to start experiencing the $PRF token’s utility. Participants can stake their acquired tokens for rewards in the PRF/ETH Balancer pool, which is accessible on the Staking page. This enhances the token’s liquidity and rewards stakers with proceeds from swap fees within the Balancer pool and protocol earnings.

In time, the tokens will also bring valuable voting rights and practical utility within the Parifi ecosystem, like transaction fee payment.

Additional info:

  • Fairsale 0x11Da882cFe4102fa4D8A70223A5927D0E9001d16
  • SaleAdapter 0x0832d4dB3dc47055f65039a58176793130c5D2Db
  • PRF 0x1310952Bc5594852459Ee45bfD0df70b34Ac5509
  • USDC 0xFF970A61A04b1cA14834A43f5dE4533eBDDB5CC8

Tokenomics

Parifi’s token economy is crafted to ensure a balanced and phased token distribution. The funding rounds have also been planned to provide equilibrium and fair community participation. The ongoing sale is part of Community Round 2, following the initial funding phase conducted on Fjord Foundry, which was completely sold out:

The token release will be handled following the schedule below:

Each funding round is essential for maximizing community involvement in the protocol’s workings. After all, Parifi has been created as a community-driven project, so its future evolution must also be steered by the community’s decisions in the spirit of decentralization and inclusion.

For details and updates on Community Round 2, stay tuned to Parifi’s official channels:

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ETHA Labs
Parifi
Editor for

ETHA Labs focuses on DeFi innovation, developing both essential infrastructure and incubating the next generation of Web3 projects.