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Debt-Free Currency

Debt-Free Currency

Project of group

THE CURRENT U.S. NATIONAL DEBT

34,060,163,461,757

SOURCE: US TREASURY

USD

DEBT GROW PER SECOND

40.36

USD

CALCULATED FROM HISTORICAL DATA

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TOKEN HOLDER

ACCOUNTS

# of TOKEN HOLDER > 1 DFC

PRICE PER DFC

--

USD

SOURC: XRPL.TO API

ACTUAL DFC SUPPLY

33,923,949,975.26

DFC

SOURC: XRPSCAN API

DFC DEPLETION

--

DEPENDS ON # OF HOLDERS AND BURN RATE

YEARS

BURNED

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DFC

CALCULATED FROM HISTORICAL DATA

TOP REFERRAL REWARD 

217,346789

XRP

XRPL (the largest consolidated reward of all referral accounts)

The first automatic referral is connected directly to the XRPL. 
All rewards are paid out right after the referral purchase.
No max payout limits. 

Join us in just 5 minutes 

3. Connect wallet with DFC SWAP 

4. SWAP XRP / DFC 

5. Copy your referral link 

6. Share it EVERYWHERE 

7. Earn rewards  

1. Download XAMAN (XUMM) Wallet 

2. Create XRP account (purchase / receive XRP) 

25%

REFERRAL REWARD

DFC, or Debt-Free Currency, is a novel cryptocurrency on the XRPL platform. Its unique feature is that its total supply mirrors the total U.S. national debt, amounting to approximately $33.924 trillion (in Dec 2023).

 

DFC is designed as a deflationary token, meaning its quantity decreases over time. This deflation is in direct contrast to the increase rate of the U.S. national debt.

 

Another advantage is the deflation blast along with the growth of the number of holders. That is, the more holders there are, the faster FDCs are burned.

 

The currency is programmed to burn itself continuously, reducing its supply every 10 seconds. This constant reduction in supply aims to increase the token value continuously, making it more precious as time progresses. This design presents an innovative approach to currency valuation and scarcity in the crypto market.

DFC DEX sales

The only way to get a DFC is to purchase it on XRPL DEX. These sales are pre-defined and have clear rules. The token will never be sold in any other way or at any other price, and the quantity will also not change as issuer account is blackholed. 

50,000,000 DFC tokens are available for a price of ~ 0,1 USD per token.

The sale is available until sold out. 

Available to purchase on DEX

First DFC sale

All resales are precisely planned. Each additional batch of tokens to be sold will be 10% less in number of tokens, while the tokens will always be 15% more expensive. 

Further sales

The decreasing supply of tokens for sale and their rising price are healthy for the market and will prevent the sale of larger amounts of tokens in a short period of time.

Antidump protection

the more DFC token holders hold more than 10 tokens the faster the token burn will be. Sharing and recommending this project to other people is directly desirable.

Holders = deflation

OFFERS

1. Sale - 50,000,000 DFC - 0,1 USD

   30 days gap - to let the market set up a new price  

2. Sale - 45,000,000 DFC - actual market price + 15%

   30 days gap - to let the market set up a new price  

3. Sale - 40,500,000 DFC - actual market price + 15%

   30 days gap - to let the market set up a new price  

4. Sale - 36,450,000 DFC - actual market price + 15%

   30 days gap - to let the market set up a new price  

5. Sale - 32,805,000 DFC - actual market price + 15%

T&C

Each subsequent batch for sale will contain 10% fewer tokens and will be 15% more expensive than the previous one. taking into account the current market price. It will not happen that the resale would drive the price unnecessarily low.  

Every batch sale must be sold before the start next sale.

 

There will always be a one-month delay between each batch so that the market itself sets the new DFC price

 

No other sales are allowed.

  • XRP/DFC
  • DFC/SOLO
  • Gatehub
  • xrpl.to
  • xmagnetic
  • xumm
  • Unhosted DEX by XUMM
Abstract Waves

31.71 DFC / sec

Holders

1-9

34.88 DFC / sec

ACTIVE

Holders

10 - 99

47.57 DFC / sec

Holders

100 - 999

STAGE 1

63.42 DFC / sec

Holders

1000 - 9999

158.55 DFC / sec

Holders

10,000 - 99,999

317.1 DFC / sec

Holders

100,000 - 999,999

STAGE 2

3,171 DFC / sec

Holders

1,000,000 - 9,999,999

31,710 DFC / sec

Holders

10,000,000 - 99,999,999

317,100 DFC / sec

Holders

100,000,000 +

STAGE 3

More Holders

Faster Burning 

Higher Deflation

Share and Bring More Holders 

Use of profits from the sale of DFC

XRPL AMM (Automated Market Maker) Funds:

DFC
  • Allocation: 20 %

  • Purpose: To provide liquidity in the market, ensuring smooth and efficient trading of DFC tokens. This helps maintain a stable and healthy ecosystem for DFC on the XRPL platform.

  • all earnings for AMM are not used in any way until the interim period determined for setting the new DFC price by the market between each batch of sales

Project Costs:

DFC
  • Allocation: 30%

  • Purpose: To cover ongoing operational costs, including development, maintenance, marketing, legal fees, and other administrative expenses. This ensures the sustainability and continuous improvement of the DFC project.

xCIV Project Support:

DFC
  • Allocation: 25%

  • Purpose: To support the xCIV DAO project, which is the "mother" non-profit association of DFC. These funds will be used for development, research, or other collaborative efforts that benefit both projects.

Referral reward

DFC
  • Allocation: 25%

  • Purpose: support the distribution of DFC. By referring a user, the referrer will receive a direct reward in XRP for the eventual purchase of DFC by a new user, and at the same time promote the burn rate and thus greater deflation of DFC

  • Rewards are payout automatically by XRPL right after every new purchase of DFC

  • What is DFC?
    DFC (Debt-Free Currency) is a unique cryptocurrency whose total supply matches the U.S. national debt. Unlike traditional cryptocurrencies, DFC's supply decreases over time due to a coin-burning mechanism.
  • How does a DFC referral work? (open beta testing)
    We combined classic marketing tool with the power of XRPL. Every holder with 1 or more DFCs can share their referral link. For every referred purchase you will receive a 25% reward directly to your XRP wallet immediately after the purchase You can simply share the link and wait for rewards in real-time. Also, as you know, sharing of this project is a major aspect of success as more holders = higher burn rate = bigger deflation.
  • Will there ever be more DFC tokens added to the supply?
    No. The supply of DFC will only decrease over time due to the burning mechanism. There is no way to add new tokens to the supply once it is issued.
  • How does DFC's supply decrease?
    DFC employs a coin-burning process where a portion of its supply is permanently removed from circulation. This process is continuous, leading to a gradual decrease in the total number of DFC tokens.
  • What influences DFC's deflation rate?
    The deflation rate of DFC is influenced by two primary factors: - automated coin-burning mechanism - the number of DFC token holders. A larger base of token holders can accelerate the burning process.
  • Why time gap between sales?
    There will be a 30-day gap between the sale of each batch of DFC to determine the new market price of DFC, as each new batch will be 15% more expensive than the actual market price. Also, AMM pools will be activated during this period to support liquidity.
  • How can one acquire DFC?
    DFC can be acquired directly with XRP/DFC swap and DFC can be acquired at its current market price on Decentralized Exchanges (DEX).
  • What motivates people to acquire DFC?
    The primary motivation is the unique deflationary nature of DFC. As the supply decreases, each remaining token could potentially increase in value, especially if the demand for DFC remains steady or grows. Also every holder is motivated to invite more people because more holders mean grow of deflation rate.
  • Can DFC be used for regular transactions?
    Like other cryptocurrencies, DFC can be used for transactions where it is accepted. However, its deflationary aspect might influence how it is used in everyday transactions.
  • How can one stay updated on DFC's value and supply?
    Regular updates can be found on DFC's official channels and through the DEX where it is traded. Monitoring this website can provide current information on its market price and circulating supply. Also, you can follow us on X.
  • Are there risks associated with DFC?
    As with any digital currency, there are risks, including market volatility and regulatory changes. DFC's unique deflationary mechanism adds additional layers of complexity and potential risk. The purchase of DFC should not be seen as an investment opportunity, but as joining a group of enthusiasts involved in research and pioneering in the cryptocurrency industry where the outcome of the research is unknown.
  • Warning About Investing in Cryptocurrencies Including DFC
    Highly Volatile Market: The cryptocurrency market is known for its significant price volatility. The value of digital assets like DFC can fluctuate wildly in a short period, leading to potential rapid gains or losses. Regulatory Uncertainty: Cryptocurrency regulations are still evolving globally. Changes in laws and policies can greatly impact the legality, usage, and value of digital currencies, including DFC. Complexity and Technical Risks: Cryptocurrencies, especially those with unique mechanisms like DFC, can be complex. Understanding their functioning requires a certain level of technical knowledge. Additionally, technical flaws or security vulnerabilities can lead to the loss of funds. Deflationary Risks: DFC’s deflationary nature, with a decreasing supply, adds an additional layer of risk. The potential for rapid appreciation or depreciation in value requires careful consideration. No Guaranteed Returns: Like any investment, there is no guarantee of profit from investing in cryptocurrencies. The speculative nature of these assets means that they should not be viewed as a sure way to make money. Importance of Financial Education: Before investing in cryptocurrencies, it's crucial to educate yourself about how they work and the risks involved. A well-informed decision is key to responsible investing. Diversify Investments: Avoid putting all your financial resources into cryptocurrencies. Diversification across different types of investments can help mitigate risks. Consult Financial Experts: It's advisable to seek guidance from financial experts or advisors, especially if you are new to the world of cryptocurrencies. Stay Updated: Keep yourself informed about the latest developments in the cryptocurrency market and regulatory environment. Recommended Financial Education Resource: For comprehensive financial education, especially regarding cryptocurrencies, visit Investopedia. This website offers a wealth of information, including detailed articles, tutorials, and guides on various aspects of investing, including a specific focus on cryptocurrencies. Remember, knowledge is power, especially when navigating the complex and ever-evolving world of digital currencies.
  • Disclaimer
    Disclaimer for DFC Cryptocurrency Legal Notice This document serves as a disclaimer for the cryptocurrency known as Debt-Free Currency (DFC). The content herein is provided for informational purposes only and should not be construed as legal, financial, or professional advice. No Legal or Financial Advice The information provided regarding DFC does not constitute legal, financial, or investment advice. The potential users or holders of DFC are advised to conduct their due diligence and consult with professional advisors for legal and financial guidance. Risks and Uncertainties Investing in cryptocurrencies, including DFC, involves a high level of risk and may not be suitable for all individuals or entities. The value of DFC is subject to market fluctuations, and there is a potential risk of losing part or all of the invested capital. The purchase of DFC should not be seen as an investment opportunity, but as joining a group of enthusiasts involved in research and pioneering in the cryptocurrency industry where the outcome of the research is unknown. Regulatory Compliance DFC and its related activities are subject to the prevailing laws and regulations in each jurisdiction. It is the responsibility of the token holders and users to ensure that their involvement with DFC is compliant with all such legal and regulatory requirements. No Affiliation with Government Entities DFC, despite its conceptual linkage with the U.S. national debt, is not affiliated, endorsed, or sanctioned by any government or public entity, including the U.S. Treasury. No Guarantee of Token Value or Performance The issuers and promoters of DFC do not make any representations or guarantees regarding the token's performance, stability, or value. The token’s deflationary nature and supply mechanisms are experimental and are subject to inherent risks and uncertainties. Changes and Amendments The information provided about DFC, including its mechanisms, features, and policies, may be subject to change. The issuers reserve the right to make amendments without notice, and it is the responsibility of the users and holders to stay informed of such changes. Intellectual Property All intellectual property rights related to DFC, including trademarks, service marks, and patents, are the property of their respective owners. Jurisdictional Limitations The availability and use of DFC may be limited or prohibited in certain jurisdictions. It is the responsibility of the users and holders to understand and adhere to the laws and regulations of their respective jurisdictions regarding the use of cryptocurrencies. No Liability The issuers, promoters, or any affiliated persons or entities of DFC shall not be liable for any direct, indirect, incidental, punitive, or consequential damages or losses arising from the use, purchase, or holding of DFC. By acquiring or using DFC, individuals and entities acknowledge and agree to this disclaimer and its terms. Governing Law This disclaimer shall be governed by and construed in accordance with the laws of the jurisdiction in which the primary issuer of DFC is registered, without regard to its conflict of law provisions.
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