DEFHOLD – THE NEW GENERATION OF YIELD DRIVER

DefHold is a non-inflationary DeFi ecosystem aiming to provide yield generating investments’ strategies to long-term crypto holders in both markets’ pump and dump

Whitepaper

ABOUT DEFHOLD

DefHold is a non-inflationary DeFi ecosystem aiming to provide yield generating investments’ strategies to long-term crypto holders in both markets’ pump and dump. Nowadays, the most common way to secure assets during market dumps is converting assets to stable coins which can thereafter be staked and/or farmed into various DeFi protocols generating yields on the underlying assets.
However, currently there is no incentive to hold cryptocurrencies during market’s dumps other than averaging down his purchase price. Therefore, to reward holders with accurate portfolio’s and own liquidity’s management, DefHold aims at implementing new autonomous yields generating solutions.

INTRODUCING DEFO

The native token of the DefHold ecosystem, called DEFO, will enable holders to stake or farm their assets into pools with different pre-defined lock-up periods. However, all these pools will offer the ability to stakers and farmers to withdraw their assets at any time by applying an early withdrawal fee (“EWF”) if the assets are withdrawn before the term of the lock-up period.

These EWF will form the first revenues’ stream for stakers and farmers who have accurately managed their portfolio and own liquidity’s requirements. Indeed, an investor managing properly his cashflow forecasts and portfolio allocation will be able to stay within the selected pool until the end of the lock-up period thus avoiding him to pay any EWF. Moreover, it will allow them earning the EWF from people who withdraw their funds due to liquidity requirement or due to market moves’ fears (the latter being mostly known as “weak hands”).

Additionally, a second yield generating mechanism will be implemented to continuously generate income for DEFO stakers and farmers. Indeed, a transfer fee will be applied on every DEFO tokens’ transfers and redistributed to stakers and farmers.
Unlike most of other DeFi protocols existing nowadays, these 2 mechanisms will continuously generate yields to stakers and farmers in a non-inflationary way. Indeed, no additional DEFO token will ever be minted thus distinguishing it from other inflationary tokens which have to continuously mint new tokens to enhance their APY (by the way reducing the market price of their tokens due the demand-supply principle).

NON-INFLATIONARY STAKING & FARMING POOLS APPS

Initially, DefHold will only enable users to stake DEFO tokens or farm DEFO/ETH & DEFO/USDT LP tokens.
The following staking and farming pools will be available:

Staking

Pool	Look-Up Period	EWF
1st Pool	10 Days	1% of staked DEFO
2nd Pool	30 Days	3.5% of staked DEFO
3rd Pool	60 Days	8.2% of staked DEFO
4th Pool	90 Days	14.3% of staked DEFO
5th Pool	180 Days	33.3% of staked DEFO

Farming

Pool	Look-Up Period	EWF
1st Pool	10 Days	2% of farmed LP tokens
2nd Pool	30 Days	7% of farmed LP tokens
3rd Pool	60 Days	16.3% of farmed LP tokens
4th Pool	90 Days	28.6% of farmed LP tokens
5th Pool	180 Days	66.6% of farmed LP tokens

All the above pools will be available at any time (i.e. there will be no commencement date). Each investor can join the desired pool whenever he wants. The end of his lock-up period will be calculated automatically by the Smart Contract.
Moreover, each time a pool reaches the lock-up period of a faster pool, investors’ funds will be automatically transferred into the faster pool (in this case the EWF and rewards will automatically change to match those of the pool in which the tokens are transferred).

* For example, an investor stakes DEFO in the 4th pool on 01.01.2021 with EWF amounting to 14.3%.
* On 01.02.2021, the tokens will be automatically transferred into the 3rd pool and EWF will amount to 8.2%.
* On 01.03.2021, tokens will be automatically transferred into the 2nd pool and EWF will amount to 3.5%.
* Finally, on 21.03.2021, tokens will be automatically transferred into the 1st pool and EWF will amount to 1%.

In the future, additional tokens’ pools will be added based on community proposals once the governance will be implemented. Moreover, to increase buying pressure on DEFO and generate continuous yields to the DEFO holders, every additional tokens’ pool will require to stake the amount corresponding to the EWF in DEFO. This mechanism will enable new investors to benefit of the hedge offered by the DefHold ecosystem without having to sell their tokens. In the meantime, it will also offer to DEFO holders a continuous price increase of their tokens thanks to the requirement of owning DEFO tokens to access DefHold features.
Additionally, transfer fees will also be distributed to DEFO stakers and farmers. These transfer fees will amount to 2% and will be applied on every tokens’ transfer including altcoins. Because altcoins currently make up more than 60% of the crypto market, and these coins are a good alternative to bitcoins.

Token Sale TOKEN

Presale will be held by Liquidity Dividends Protocol (LID). 75% of the raised ETH together with 19.50% of the DEFO tokens will be allocated to Uniswap liquidity and definitively locked by their smart contracts.

Start	2020/11/18, 9:00 AM PST
Number of tokens for sale	3,576 DEFO
End	TBA
Tokens exchange rate	Presale base price: 1 ETH = 1.56 DEFO Listing price: 1 ETH = 1.56 DEFO
Minimal contribution	0.1 ETH
Max contribution	25 ETH
Softcap	500 ETH
Hardcap	2,000 ETH
Bonus stages	0–100 ETH: 25% bonus 100–500 ETH: 20% bonus 500–1,000 ETH: 15% bonus 1,000–1,500 ETH: 12,5% bonus 1,500–2,000 ETH: 10% bonus
Acceptable currencies	ETH

Tokenomics

* 75% of ETH raised will be automatically transferred into Uniswap liquidity pool together with 19.50% of the DEFO tokens.
* Uniswap liquidity will be locked permanently by LID smart contracts.
* Marketing 2, Team, Airdrop and LID tokens will be time-locked and released at a monthly 10% rate over 10 months by LID smart contracts.

LIQUIDITY ENHANCEMENT

Liquidity has always been a major concern when it comes to trading, especially since DEX appeared. So, it’s always advisable to opt for Auto trading bots like bitcoin prime software, which allows its users to supply liquidity to earn passive income or exchange between various assets. It is noteworthy that this powerful automated crypto trading platform is designed specifically for trade cryptocurrencies with a high win rate. In order, to maintain liquidity levels as high as possible, DefHold has opted for the following solutions:

* Presale will be held by Liquidity Dividends Protocol (LID). 75% of the raised ETH will be allocated to Uniswap liquidity and definitively locked by their smart contracts. This process will enable us to protect our investors against any exit scam concern they might have.

* EWF and transfer fee revenues are distributed more importantly to farmers to increase their revenues and incentivize them providing liquidity to the DefHold ecosystem.

BUYING PRESSURE & TVL

In order to continuously maintain the buying pressure, thus encouraging and incentivizing holders to join and stay within the DefHold ecosystem, the following features have been implemented:

* Staking and farming EWF aim to increase and maintain the TVL thus decreasing the DEFO circulating supply;

* Non-inflationary staking and farming revenues’ streams guarantee to the DEFO holders that the market price of the tokens will not be affected by an infinite increasing supply;

* Total supply of DEFO will be capped at 12’000 tokens and no further DEFO minting will ever be possible;

* Future tokens’ pools will require to hold the amount corresponding to the EWF in DEFO thus continuously increasing the demand of DEFO tokens;

* Application of a transfer fee will decrease the selling pressure as holders will be encouraged to hold their tokens over a longer period.

GOVERNANCE

Following the launch of the main DEFO pools, a fully decentralized governance platform will be added to the DefHold ecosystem. Thanks this governance platform, users will be able to vote for the launch of new pools (new tokens, different lock-up periods, etc.), changing the rate or the allocation of the transfer fee or vote for many proposals related to future developments within the DefHold ecosystem.

Indeed, one of the future products (to be launched by the end of 2020 at latest) will be a brand new innovative financial product among the existing DeFi products. It will be a fully decentralized product with all its features and mechanism managed by the community governance platform. All the details concerning this product will be kept confidential and released only 3 days before its launch in order to avoid it being copied by copycats. However, we can already mention that it will be a fully decentralized product inspired by a trendy product of traditional finance.

Contact

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