DFAN Token Utility

For years, creators have relied on likes and follows as their social media currency. Now, with Decentra Fans, DFAN is the platform's utility token, shaping the future of the creator economy in the Web3 space.

Utility of DFAN:

Buyback & Burn 🔥

Decentra Fans is committed to helping creators monetize their content while ensuring that users are rewarded with tokens of lasting value. This is achieved through a strategic buyback and burn mechanism driven by platform revenue.

  • Sustainable Value Creation: The platform allocates 25% of its quarterly profits to buy back DFAN tokens, a portion of which is then burned to reduce supply and increase token value. This process will continue until 50% of the total DFAN supply has been destroyed, ensuring long-term sustainability and value for token holders.

  • Example Scenario: If the platform generates $500,000 in quarterly revenue and spends $200,000, $75,000 would be used to buy back DFAN tokens, with a significant portion of those tokens burned to enhance scarcity and value.

Staking

Decentra Fans actively rewards its community through staking pools, encouraging engagement and adoption across the platform.

  • Creator Staking Pools: Fans can stake their DFAN tokens in their favorite creators' pools, earning rewards and supporting creators directly. When they stake, the help reduce the fee of the creator keeping them engaged & active. And they receive high APY & exclusive content & prices on subscriptions.

The idea is to create a win-win relationship between creator & fans. The creator wants to reduce their fee, for that they need fans to stake so they give stakers interesting prices & exclusive free content just to stake.

And fans would go to the most profitable creator because it's the one with the highest APY, which creates a lasting positive economic relationship between fans & creators.

DFAN is more than just a token—it's the driving force behind Decentra Fans, empowering both creators and fans in the decentralized economy while ensuring sustainable growth and rewarding participation.

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