$FACTOR is the core utility and governance token of the Factor protocol.
It aligns incentives between investors, underwriters, and governance participants while anchoring the protocol’s long-term economic sustainability.
Unlike inflationary DeFi tokens, $FACTOR derives value from real cashflows generated by tokenized receivables and protocol activity.
| Property | Value |
|---|---|
| Token Name | Factor Token |
| Ticker | $FACTOR |
| Standard | ERC-3643 |
| Max Supply | 1,000,000,000 |
| Circulation at TGE | ~15% |
| Utility | Governance • Fee Reductions • Underwriter Staking |
| Inflation | None (fixed supply) |
ERC-3643 enables compliance-friendly permissioning while preserving open DeFi composability.
| Category | % Allocation | Notes |
|---|---|---|
| Community & Rewards | 38% | Investor incentives, liquidity programs, ecosystem grants |
| Treasury & Reserve Backstop | 17% | Operations, backstop funding, strategic reserves |
| Team | 18% | 4-year vesting, 1-year cliff |
| Investors | 20% | 24–36 month vesting, 6–12 month cliff |
| Liquidity / Market-Making | 7% | Exchange liquidity |
Token unlocks are recorded on-chain for full transparency.
$FACTOR provides three core functions:
Underwriters must stake $FACTOR to access: