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DeFund (DETF)

The first L1 blockchain built specifically for quantitative developers, asset managers, hedge funds, and financial advisors. Create and invest in decentralized, exchange-traded funds with assets from dozens of blockchains. Smart contracting capabilities included.

Orbit: The Incentivized Testnet for DeFund Finance. Details

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Overview

Project industryBlockchain Infrastructure
Product typeTechnology
WhitepaperDeFund White Paper Open

What is DeFund

DeFund is an L1 blockchain built for building decentralized permissionless, on-chain trading strategies that are packaged into a dETF (decentralized exchange-traded fund) token, tradable within any ecosystem or CEX.

DeFund's mission is to eliminate the hardest part of building cross-chain structured products in crypto: the infrastructure. This in turn allows asset managers, quants, financial advisors, and financial institutions to build extremely complex cross-chain trading strategies without writing a line of cross-chain logic. In fact, building on DeFund is entirely state management. When you build a dETF contract on DeFund, you simply focus on creating your strategy, DeFund handles the rest.

With dozens of teams launching dETFs, 1000's of tokens from 60+ IBC chains + 7 EVM chains, and the deepest liquidity, no place is better to build dETFs than DeFund.

Details

Token supply: 500,000,000 DETF

Legal

Registration year: 2021

Token info

Ticker: DETF
Token distribution:
Staking Rewards - 20%
Fund Bonding - 20%
Developer & Marketing Vesting - 16%
Community Pool - 10%
Strategic Reserves - 10%
Liquidity Rewards - 10%
Airdrop - 10%
Relayer Rewards - 4%

Project team

Joe Schnetzler
Joe Schnetzler
Founder & Lead Developer
Joe Schnetzler linkedin

Social media

DeFund web-siteDeFund MediumDeFund LinkedInDeFund TwitterDeFund DiscordDeFund Github

MVP

MVP URL

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