BitFi has announced the tokenomics for its native token, BFI, and will conduct a public sale through Sonar by Echo starting June 1. The sale will offer 1% of the total BFI supply at $0.05 USDC per token, aiming to raise $500,000 USDC with a fully diluted valuation of $50 million USDC. The public sale will use a fixed price and pro-rata allocation mechanism, accepting USDC on Ethereum, with all tokens fully unlocked at the token generation event. The total supply of BFI is capped at 1 billion tokens, initially issued as ERC-20 on Ethereum, with cross-chain support for ecosystems like Base and BNB Chain. On launch, 14.5% of the supply will be in circulation. The token distribution includes 47% for community and ecosystem purposes, with 4.5% for a TGE airdrop and 41.5% for long-term incentives. BFI will function as a utility and governance token within the BitFi ecosystem, offering staking, governance, and platform access benefits. The public sale reflects a shift towards more standardized and compliant frameworks in crypto project launches.