> For the complete documentation index, see [llms.txt](https://dfm-docs.mementoblockchain.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dfm-docs.mementoblockchain.com/introduction/transparency-commitment.md). # Transparency Commitment This page describes Memento DFM’s use of tokens, partners, and investors associated with the project. Memento DFM is committed to realizing a very ambitious plan with a long-term view with respect to the success of Memento DFM and our role in supporting it. \ In an effort to provide transparency to our community, we are pleased to provide the public a breakdown of current token holdings and any token sales. To date, we **have not** completed nor are planning to run **any private token sale** to the public or to accredited investors. **Purpose of $DEXTF governance token** * $DEXTF is an ERC-20 token * Total supply: 100,000,000 $DEXTF tokens (50% locked for at least 18 months) * 1-to-1 voting rights (only through delegation, also to self) * Minimum holding to submit proposals is 0.1% of total supply (100,000 $DEXTF). * 5% quorum (5,000,000 $DEXTF) has to be reached for proposals to be included in the time-lock (minimum of 7 days need to pass for proposal implementation). **Allocation breakdown:** | Item | Use | $DEXTF allocation | | ---- | -------------------------------------------------------- | ----------------- | | 1 | XTF fund tokens Portfolio Managers and Investors\* | 25,000,000 (25%) | | 2 | XTF liquidity mining program\* | 25,000,000 (25%) | | 3 | Memento DFM team for platform development | 30,000,000 (30%) | | 4 | Allocation to be defined by community through governance | 15,000,000 (15%) | | 5 | Advisors | 5,000,000 (5%) | | 6 | **Public Token Sales** | 0 (0%) | | 7 | **Private Token Sales\*\*** | 0 (0%) | **\***Streamed to individual smart contracts via Sablier. $DEXTF to be claimed by the user \*\*No investor has been awarded any $DEXTF tokens as part of the funding.