BitFi Releases Tokenomics, Will Launch the Public Sale via Sonar

ME News, May 21 (UTC+8), BitFi officially announced the tokenomics of its native token BFI, and will launch the BFI Public Sale through Sonar by Echo. This BFI Public Sale will allocate 1.00% of the total supply, with a public sale price of 0.05 USDC per token, corresponding to a fully diluted valuation (FDV) of 50,000,000 USDC, consistent with the valuation of the previous round of investors, and a target fundraising amount of 500,000 USDC. This public sale will adopt a 'fixed price + pro-rata allocation' mechanism, supporting participation using USDC on Ethereum, and tokens purchased in the Public Sale will be 100% unlocked at TGE.

From the overall token economic model, the total supply of BFI is fixed at 1,000,000,000 tokens, initially issued as an ERC-20 token on the Ethereum mainnet, and will support cross-chain circulation in multi-chain ecosystems such as Base and BNB Chain in the future. On the first day of launch, the circulating supply ratio of BFI is 14.50%, approximately 145,000,000 BFI. Among them, 47.00% of the tokens will be allocated to community and ecosystem-related purposes, including 4.50% for TGE airdrop, 1.00% for Public Sale, and 41.50% for long-term ecosystem and community incentives. Except for the Public Sale and TGE airdrop portions, the remaining majority of tokens will adopt a long-term lock-up and linear release mechanism to support the protocol's long-term development, ecosystem construction, and alignment of interests.

BFI will serve as the native utility and governance token of the BitFi ecosystem, used for protocol governance, staking rights, platform access, ecosystem incentives, and long-term value coordination. In the future, users can stake BFI to obtain non-transferable voucher tokens sBFI, and have the opportunity to participate in yield and point bonuses, ecosystem project rights, governance incentives, and other protocol growth-related benefits.

BitFi is positioned as an institutional-grade on-chain asset management platform for Bitcoin and stablecoins, centered around a secure, transparent, and risk-controlled yield system. This public sale will complete identity verification, eligibility review, and participation process through Sonar by Echo, reflecting the trend of public sales of crypto projects moving towards more standardized and compliant frameworks. (Source: BitFi)