Press Release
TRIBUTE: The Community Controlled DeFi Platform with Deflationary Mechanism
TRIBUTE (TRBT) is a deflationary DeFi platform that uses game theory analysis and social influence to create an exciting and unique economic landscape.
The TRBT ERC20 token follows a liquidity distribution mechanism called “Proof of Decentralized Liquidity” (PoDL), with about $1M in liquidity currently locked in the protocol.
This model allows users to have a direct share in stabilizing the TRBT price, which is currently holding steady at $9.65 on CoinMarketCap.
The platform saw a $3M trading volume on its first day, with 640 unique wallets holding TRBT in 4 days. In the past few days, about 4% of the total token supply was burned. This high burn rate creates an incentive to hold the token by bolstering the circulation’s token demand.
The Tribute ecosystem already has three dApps at its disposal; conTRIBUTE, ENFORCED TRIBUTE, and TRIBUTE TO LIQUIDITY. These dApps give the project a rare aspect of instant utility in the DeFi space.
Moreover, these dApps create a separate incentive to interact with the project’s native token and maintain a steady flow of TRBT moving through the ecosystem.
Why is TRIBUTE Unique in DeFi?
Tribute features fully decentralized elements that delegate full ownership and control to its users, allowing them to choose which dApps integrate into the platform. The team has no dev fees on any of the dApps.
The project has started building upon the starting suite of dApps with the long-term vision of outlining longer-term dApp incorporating governance.
The first dApp, conTRIBUTE, is well funded and has an established token distribution model which rewards TRIBUTE token holders and staked users via a “synergistic method.” 50% is sent to conTRIBUTE as dividends to the stakers directly.
The dApp’s solid distribution model guarantees that 5% of all buys and 15% of all sells into conTRIBUTE are disbursed to players as dividends. Each user gets rewards that are proportionate to their percentage share, with
In the past few days, 11% of the total token supply was staked in conTRIBUTE. Holders utilizing the dApp earned $51,000 dividend rewards, with $730,000 worth of tokens now remaining.
Moreover, the conTRIBUTE PoDL concept offers TRBT users access to initial liquidity after 100 days via a Decentralized Autonomous Organization (DAO).
TRIBUTE’s Deflationary Mechanism Bolsters Token Demand
The project’s ENFORCED TRIBUTE dApp uses a solid distribution model with an initial supply of a scarce 75,000 tokens.
Every 12 hours, any user can trigger a smart contract to transfer 10,000 TRBT tokens, which go into a secondary contract within the dApp.
The top 50 holders receive 5% of the total number of tokens transferred, while 500 TRBT are burned instantly, as per the project’s whitepaper.
This process repeats itself after 12 hours, where the same contract transfers 10,000 tokens from the secondary contract to the initial one and burns 500 TRBT while triggering a reward drop of 5%.
In this way, the dApp creates an increased sense of scarcity in an already scarce economy, bolstering the circulation’s token demand. The reward and burn process creates a self-cycling and hyper deflationary ecosystem.
The TRIBUTE Lottery Rewards System
The final dApp at launch, TRIBUTE TO LIQUIDITY, further implements the PoDL mechanism by granting the community members full control of the DeFi protocol.
It does this via a lottery system in which users can purchase tickets using TRBT to enter into a daily raffle. The raffle utilizes a secure and trust-less algorithm to pick one lucky winner.
50% of all TRBT entered into the lottery is burned, creating a hyper deflationary mechanism into the platform’s smart contract.
Rewards issued for the lottery are a percentage of the total number of tokens controlling the TRBT/ETH liquidity pair on Uniswap.
The DeFi Platform for Community Development
The TRBT project promises to solve many of the problems facing DeFi by building an ecosystem that focuses on community-driven growth. The Tribute team announced different partnerships already, with more collaborations expected soon.
The future now looks bright for this project that seeks to establish itself as one of the pioneering protocols exploring the DeFi/Deflationary landscapes.
Hong Kong, 17th April 2026 — Hong Kong Web3 Festival 2026 is honored to have MyDex onboard as a Tertiary Exhibition Sponsor.
MyDex is the next-gen intelligent trading platform where humans and AI evolve together. Explore more at https://www.mydex.io/
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
Hong Kong, 14th April 2026 — Hong Kong Web3 Festival is pleased to welcome AurumX as a Primary Exhibition Sponsor for its upcoming 2026 edition.
AurumX is building a next-generation, AI-driven institutional-grade global asset financial trading system. Explore more at https://aurumx.pro
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
Hong Kong, 14th April 2026 — Hong Kong Web3 Festival is honored to welcome PancakeSwap as a Secondary Exhibition Sponsor for its upcoming 2026 edition.
PancakeSwap is a leading decentralized exchange. Explore more at: https://pancakeswap.finance/swap
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
MyDex Announced as Tertiary Exhibition Sponsor at Hong Kong Web3 Festival 2026
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