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FACTR FAQ
Updated over a week ago

Where can I find the latest information on the FACTR token?

You can find the latest information on the FACTR token here.

Where can I buy the FACTR token?

The FACTR token can be bought on a wide variety of exchanges. You can find a list here.

Where can I find the community dashboard (for staking, governance, etc.)?

The FACTR community dashboard can be found here.

Where can I find FACTR lending and borrowing?

FACTR lending and borrowing can be found here.

How do FACTR buybacks work?

  1. Onboarding new businesses: When a new business is onboarded to the Defactor ecosystem and wishes to start using the TOOLKIT, they need to pay a fee to access the smart contracts.

  2. Fee payment: The fee amount depends on which smart contract the business wants to use.

  3. Buyback process:

    1. The collected fees are used to buy back FACTR tokens from the open market.

    2. The purchased FACTR tokens are then locked up for one year, removing them from the circulating supply.

What is the token distribution and allocation?

The FACTR token allocation is available to view on our Engage Community App. Here you can view the ecosystem wallets, access the different staking pools, and participate in community governance.

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