Tokenomics FAQ

What is the utility of the DEFE token?

DEFE is a governance token and a utility token.

In order for a DEFE holder to receive both governance and utility benefits, DEFE must be locked for a period of time and converted to veDEFEs.

What is veDEFE?

veDEFE has two main uses: Voting and Earning.

Voting

DAO members who holding veDEFEs are entitled to participate in all governance proposals in the DefeDAO.

DEFEDAO Governance:

Earning

To earn crypto income that is collected from crypto loans & transfer fees.