Documentation - Dfyn
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Documentation - Dfyn
Vision & Mission
Glossary
The Dfyn Ecosystem
Features
Tokenomics
Token Utility
Current Status
Roadmap
Dfyn Exchange RFQ Module
Introduction
API Reference
Audits
vDfyn Vault
Intro to the vDfyn Vault
vDfyn Vault FAQs
Build Your Own Farms (BYOF)
Intro to BYOF
How to use BYOF?
BYOF FAQs
Guides
Placing a Limit Order on Dfyn Exchange
Mapping ERC20 assets from Ethereum onto Matic
Adding liquidity to Dfyn AMM from Ethereum network
Changing Polygon's RPC Endpoint on MetaMask
How to farm $DFYN tokens on Dfyn Exchange
Using AscendEX (BitMax) to exit funds from Matic into Ethereum
Bringing funds from Ethereum to Matic using AscendEX (BitMax)
Prediction Markets (BETA)
Intro to Prediction Markets
Terminology
How to Participate in Prediction Markets
Prediction Markets FAQs
Technical
Contracts
Gasless Mode on Dfyn
How does Dfyn achieve gasless transactions?
Dfyn Analytics
Frequently Asked Questions
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Token Utility
Dfyn’s native utility token, the DFYN token, will perform a crucial role in the functioning of the Dfyn ecosystem. The DFYN token is expected to have multiple utilities:

Governance

The holders of the DFYN token will be able to use their tokens to take part in Dfyn’s governance by voting on Dfyn’s proposals concerning protocol amendments and upgrades. Although the specifics in regard to the voting mechanism have not yet been finalized, it is expected that each holder’s votes will be weighed against the amount of DFYN tokens held by them.

Revenue Sharing

A competitive 0.3% fee is charged over each trade taking place over Dfyn. Of this fee, 0.25% is distributed to the liquidity providers in proportion to their contribution to the liquidity pool, while the remaining 0.05% is distributed to Dfyn token holders who have staked their Dfyn tokens in the vDfyn vault.
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Tokenomics
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Current Status
Last modified 7mo ago
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Governance
Revenue Sharing