The PureFi project offers compliance tools integrating traditional finance (TradFi) into decentralized finance (DeFi). It aims to maintain decentralization and anonymity while being compliant and helping other projects do the same. It facilitates AML risk assessments and KYC procedures for dapps (decentralized applications) across multiple blockchains, including zkSync, BNB, Ethereum, Polygon, and NEAR.

$UFI is the token symbol for the PureFi Token cryptocurrency, which is the native token of the PureFi project. This page focuses on the BEP-20 version of the $UFI token, which lives on BSC (BNB Smart Chain); however, it also comes in the form of an ERC-20 token on the Ethereum network. $UFI is PureFi’s utility token.

The primary purpose of $UFI is to enable access to PureFi's compliance services, facilitate transactions within the PureFi Protocol, receive protocol updates, and support crypto asset analytics and identity verification.

Main use cases for $UFI include:
- Paying for AML risk scores and KYC verifications for dApps and their users.
- Subscription payments for PureFi services.
- Facilitating operations between liquidity pool users and operators by ensuring compliance and preventing the flow of "dirty" assets.

The value of $UFI is determined by its demand in the market utility within the PureFi ecosystem (e.g., access to services, transaction facilitation) and its role in enabling compliance for DeFi projects with AML/KYC regulations. But the main factors impacting the token’s price are market conditions (seller vs buyers of the $UFI) and the overall crypto market conditions.

$UFI has a total minted supply of 100,000,000 tokens. Distribution includes allocations for private rounds A (8%) and B (7%), a Hacken round (2%), a public round (11.11%), a liquidity pool (0.5%), HAI pool (7%), marketing (10.5%), team (10.55%), adoption incentives (14.34%), advisors (6%), and company reserve (23%).

It’s worth mentioning that the token prices at private sales were $0.03 (A) and $0.035 (B).

To explore the live $UFI token distribution on the BCS chain, use the “Supply Distribution” section on this page.

Vesting schedules for $UFI vary across different allocations:
- Private round A allocation has the initial unlock of 10%, with the remainder unlocking over 13 months.
- Private round B allocation has the unlock of 10% after 5 months, with the remainder unlocking over 14 months.
- The Hacken round has an initial unlock of 10%, with the remainder unlocking over 5 months.
- The public round sees a 33% initial unlock, with the remainder unlocking over 3 months.

$UFI supports innovations like the use of Verifiable Credentials for AML/KYC processes, selective data-sharing protocols to maintain user privacy, and Zero-Knowledge proofs for on-chain validation of compliance data without disclosing private information.

$UFI is unique due to its focus on integrating compliance into DeFi while preserving user anonymity and decentralization. Its utility in facilitating AML/KYC procedures and its partnership with a variety of blockchain projects and compliance providers set it apart.

The core team behind PureFi and $UFI includes Slava Demchuk (CEO/Founder), Mykhailo Tiutin (CTO/Co-Founder), Vasily Vidmanov (COO), Dunstan Teo (CSO), Sasha Antropov (GR), Andrew Aleksandrov (BDO), and Jakub K. (CMO). Advisors include Rasikh Morani (Technical Advisor). The team's expertise spans blockchain technology, compliance, marketing, and business development.

When it comes to exploring the $UFI token’s price and its live on-chain metrics on the Ethereum chain, there’s no better place than this page. But if you are interested in the PureFi project’s progress, latest partnerships, new potential token utilities, and other announcements, then you need to check out the project’s official website, social media channels (like X (former Twitter) and Telegram), and other official outlets. You can find links to these sites in the “PureFi Token Links” section on this page.