2.3 Project Background

DragonFly is a platform that is backed by Dragonfly.xyz, a leading global blockchain investment institution. It aims to distribute the high-potential project chips acquired by Dragonfly in the primary market to ordinary retail users in a fair and transparent manner through the decentralized finance (DeFi) mechanism. With its deep industry insights and professional investment capabilities, Dragonfly has successfully participated in the early financing of many blockchain startups, which often have significant value-added potential, but the high threshold, information asymmetry and liquidity restrictions of the traditional financial system make it difficult for retail investors to get involved. DragonFly solves this pain point through innovative design: users only need to stake TRC20 tokens (such as USDT or TRX) and participate in the platform's financial activities (such as staking mining, liquidity mining, deposit interest and digital lending) to obtain the platform token DGFY, and share the project income in Dragonfly's portfolio according to the proportion of holdings, such as token distribution or cash returns after the project is listed on the secondary market (such as cryptocurrency exchanges). This model significantly reduces the financial and information barriers for retail investors to enter the primary market, uses smart contracts to ensure the transparency of capital flows and profit distribution, and enhances user participation through DGFY token incentives. DragonFly not only allows retail investors to enjoy early investment dividends that are difficult to reach in traditional finance, but also provides more investment support for Dragonfly Capital by aggregating user funds, and brings a wider community influence to the project party, building a win-win ecosystem for all parties. As a strategic extension of Dragonfly Capital, DragonFly is committed to becoming a bridge connecting traditional finance and the Web3 world, and promoting the realization of inclusive finance.