Token Summary

LendFi is a utility token with a maximum total supply of 20 million.

Allocation	% of Supply	Token	Cliffs (Mnths)	TGE	Vesting	Unlock Schedule
Ecosystem Growth	30	6,000,000	2	2	60	2 months cliff linear in 60 months.
Staking	20	4,000,000	0	0	48	0% TGE, Linear 48 Months
Team	15	3,000,000	12	12	48	12 months cliff, Linear 48 months
Liquidity Provision	5	1,000,000	0	0	0	100% TGE
Rewards	9	1,800,000	0	0	24	25% TGE, Linear 24vmonths
Marketing	5	1,000,000	1	1	12	1 month cliffs, Linear 15 months
Private Sale	6	1,200,000	2	1	8	2 month cliffs, Linear 8 months
Public Sale	10	2,000,000	0	0	0	100%TGE

LendFi tokens will be used as a means of payment for platform fees and as collateral for loans. Lenders will be rewarded with LendFi tokens, and borrowers will be incentivized to repay their loans on time by receiving discounts on interest rates and loan origination fees when paying with LendFi tokens.

A percentage of the LendFi tokens used for payment of fees will be burned, reducing the total supply of LendFi in circulation. Tokens reserved for the founding team and early investors will be locked up and gradually released over time. LendFi token holders will have the ability to vote on platform decisions, and a portion of the tokens reserved for platform development will be used to fund proposals approved by the community through a voting mechanism.

LendFi token holders can stake their tokens to participate in the platform's governance process and earn rewards in the form of additional LendFi tokens. Tokens reserved for incentivizing lenders and borrowers will be distributed based on the amount of value they contribute to the platform, and tokens reserved for community building and marketing will be used to incentivize new users to join the platform and promote it to a wider audience.