# Token Summary

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

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<table><thead><tr><th width="153">Allocation</th><th>% of Supply </th><th width="119">Token</th><th width="73">Cliffs (Mnths)</th><th width="65">TGE</th><th width="91">Vesting</th><th>Unlock Schedule</th></tr></thead><tbody><tr><td>Ecosystem Growth</td><td>30</td><td>6,000,000</td><td>2</td><td>2</td><td>60</td><td>2 months cliff linear in 60 months.</td></tr><tr><td>Staking</td><td>20</td><td>4,000,000</td><td>0</td><td>0</td><td>48</td><td>0% TGE,  Linear 48 Months</td></tr><tr><td>Team</td><td>15</td><td>3,000,000</td><td>12</td><td>12</td><td>48</td><td>12 months cliff, Linear 48 months</td></tr><tr><td>Liquidity Provision</td><td>5</td><td>1,000,000</td><td>0</td><td>0</td><td>0</td><td>100% TGE</td></tr><tr><td>Rewards</td><td>9</td><td>1,800,000</td><td>0</td><td>0</td><td>24</td><td>25% TGE, Linear 24vmonths</td></tr><tr><td>Marketing </td><td>5</td><td>1,000,000</td><td>1</td><td>1</td><td>12</td><td>1 month cliffs, Linear 15 months</td></tr><tr><td>Private Sale</td><td>6</td><td>1,200,000</td><td>2</td><td>1</td><td>8</td><td>2 month cliffs, Linear 8 months</td></tr><tr><td>Public Sale </td><td>10</td><td>2,000,000</td><td>0</td><td>0</td><td>0</td><td>100%TGE</td></tr></tbody></table>

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.

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