$HYFI (HyFi.pro) token is the governor and incentive token used for the Hyper Finance project. It is issued for our mining users as rewards.

HYFI Contract Address: 0x9a319b959e33369C5eaA494a770117eE3e585318

Token Supply & Emission

The HYFI token supply & emission will be set at 200 million (200,371,432) tokens and with an emission schedule over two (2) years.

Mining Rewards

80% (160 million) HYFI would be produced through mining and start with 1,889,280 HYFI per day.

HYFI emission will be reduced by 20% at the beginning of week 2, 3 and 4; HYFI emission will further be reduced by 30% at the beginning of week 5, 6, 7, 8, and 9. From week 9, the daily emission will stay constant. The total emission duration is 2 years (104 weeks).

Emission details as below:

Early Exit Tax (short term capital gain tax)

Users will receive their HYFI reward from the staking with 2-week lock-up.

Users are still able to claim their HYFI reward before the end of their lock-up but with a 50% Early Exit Penalty. These part of HYFI will be immediately burned. As such, the most loyal HYFI holders will stand to gain the maximum benefit upon the conclusion of the 2 weeks vesting period.

Token Distribution

1. Community reward (liquidity mining, staking, DAO, ecosystem): 80%

2. Investor + Advisor: 5%

3. Dev fund + Future employee: 10%

4. Growth + Marketing fund: 3%

5. IFO: 2%