BitFi announces tokenomics, will launch 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 via 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 previous round's investor valuation, targeting a fundraising size of 500,000 USDC. This public sale will adopt a "fixed price + proportional allocation" mechanism, supporting participation using USDC on Ethereum, and tokens purchased in the Public Sale will be 100% unlocked at TGE.

From the overall tokenomics model, BFI has a fixed total supply of 1,000,000,000 tokens, initially issued as ERC-20 tokens on the Ethereum mainnet, with support for cross-chain circulation across multi-chain ecosystems such as Base and BNB Chain in the future. On the first day of listing, the circulating supply is 14.50%, approximately 145,000,000 BFI. Among them, 47.00% of tokens will be allocated for 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 majority of the remaining 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 credential 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 the identity verification, qualification review, and participation process through Sonar by Echo, reflecting the trend of crypto project public sales moving towards a more standardized and compliant framework. (Source: BitFi)