Wallet structure
Last updated
Last updated
Reform DAO consists of two main components: Reform and Hofida Limited. Reform manages token issuance and community governance, while Hofida Limited serves as a legal entity that can hold assets, open accounts, and fulfill real-world obligations on behalf of the DAO. Due to the involvement of multiple wallets, tracking the movement of RFRM tokens and USDT payments can be complex.
To provide full transparency, this document outlines all RFRM and Hofida Limited wallets, explains the token flow process, and details how different wallets are used.
Token issuance and movement can be categorized into two distinct sections:
Token Transfers: Initial token distribution from the ReformDAO - Ownership wallet.
Endless Transfers: Ongoing flows for buybacks, staking, operations, and liquidity.
Reform DAO wallets facilitate staking rewards, launch incentives, and the distribution of funds received from bonding sales.
Wallet Name
Purpose
Flow Summary
Holds ownership of TGE contracts
Distributes tokens to DAO & Hofida wallets
Marketing & exchange incentives
Allocated for promotions and listings
Manages bonding treasury flows
Transfers $RFRM tokens to the bonding contract
Holds staking rewards for distribution
Used to reward stakers
Handles bonding treasury proceeds
Transfers assets to Hofida Limitedβs Bonding Router
Manages repurchased RFRM tokens
Sends tokens back to the Bonding Treasury
Hofida Limited manages the legal and financial aspects of Reform DAOβs ecosystem, ensuring compliance with KYB regulations and real-world obligations.
Wallet Name
Purpose
Flow Summary
Transfers funds to KYB-compliant exchanges
Receives funds from the DAO Bonding Router
Collects net revenue from Hofida Limitedβs exchanges
Allocates 65% to buybacks and 35% to operations
Executes buybacks using 65% of net revenue
Transfers bought-back RFRM to Bonding Treasury and USDT to Hofida exchanges
Covers Hofida Limitedβs operational expenses
Funds freelancers, marketing, and partnerships
Holds vested tokens for team and advisors
Tokens are locked and can only be claimed per allocation
Supports liquidity on exchanges
Used for market-making activities
Provides liquidity for market-making agreements
Transfers tokens to Hofida exchanges
Note: The Operations and T&A wallets have never claimed RFRM tokens and do not intend to do so unless necessary. As long as Reform DAO generates revenue from market-making activities, these wallets will remain inactive. However, team members, advisors, and partners who were paid in RFRM can claim their allocated tokens when necessary.
Category
Tokens Allocated
Flow Summary
Bonding Treasury
390M (39%)
Ownership β Bonding β Bonding Treasury
Staking Treasury
300M (30%)
Ownership β Staking β Staking Spending
Early Backers
30M (3%)
Ownership β Early Backers β Vesting Portal
Launch Incentives
20M (2%)
Ownership β Launch Incentives β Vesting Portal/Listings
Category
Tokens Allocated
Flow Summary
Team & Advisors
130M (13%)
Ownership β T&A β Vesting Portal (Hofida claims)
Operations
100M (10%)
Ownership β Operations β Vesting Portal (Hofida claims)
Market Making
28M (2.8%)
Ownership β MM + LP β MM Partner
Liquidity Pool
2M (0.2%)
Ownership β MM + LP β LP Wallet
All wallets are accessible via blockchain scanners for full transparency. Reform DAO wallets are used for DAO activities, while Hofida Limited wallets manage real-world operations. Vesting contracts ensure structured token distribution without DAO control, and buybacks help support the ecosystem by locking tokens out of circulation into the Bonding Treasury. For more details, refer to the individual blockchain addresses provided above.