# EFC (Equation Founders Club)

EFC is the native NFT of Equation, which is divided into 3 categories.

- 1.
**Member:**10,000 in total, distributed to influencers who actively promoting Equation. Each NFT can generate multiple referral codes, which enables the holder to receive 10% of the referees’ trading fee and obtain corresponding mining rewards based on the ratio of the referees' position value and liquidity value. Simultaneously, the referee can receive a 10% fee discount and a 1.1x boasted multiplier for liquidity mining. Once the NFT is transferred, the referral codes will also be transferred out, and the original holder will no longer receive any benefits. - 2.
**Connector:**100 in total, distributed to Equation’s core promotion team. Each Connector NFT can mint 100 Member NFTs and enjoy 10% of the total income generated by those minted NFTs. - 3.
**Architect:**100 in total, distributed to Equation’s core R&D team. Architect NFTs can enjoy 20% of the trading fees income in total.

Last modified 29d ago