{"id":53878,"date":"2025-10-10T20:00:18","date_gmt":"2025-10-10T17:00:18","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=53878"},"modified":"2025-10-10T17:21:02","modified_gmt":"2025-10-10T14:21:02","slug":"what-is-onfa-oft","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/","title":{"rendered":"What is ONFA (OFT)?"},"content":{"rendered":"<p dir=\"ltr\"><strong>ONFA (OFT)<\/strong>, launched on December 24, 2023, is a pioneering<a href=\"https:\/\/coinengineer.net\/blog\/aster-launches-direct-sol-swaps-on-trust-wallet\/\"><strong> crypto wallet<\/strong><\/a> platform reshaping investment strategies and<a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-climbs-to-7th-place-in-global-asset-rankings\/\"><strong> asset<\/strong><\/a> management in Asia. Harnessing blockchain\u2019s transformative potential for financial transactions, ONFA empowers investors with seamless control over their digital assets. This article explores what ONFA is, how it operates, and the opportunities it offers.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/#What_is_ONFA_OFT\" title=\"What is ONFA (OFT)?\">What is ONFA (OFT)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/#Purpose_of_ONFA_OFT\" title=\"Purpose of ONFA (OFT)\">Purpose of ONFA (OFT)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/#How_Does_ONFA_OFT_Work\" title=\"How Does ONFA (OFT) Work?\">How Does ONFA (OFT) Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/#ONFA_OFT_Use_Cases\" title=\"ONFA (OFT) Use Cases\">ONFA (OFT) Use Cases<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/#Advantages_of_ONFA_OFT\" title=\"Advantages of ONFA (OFT)\">Advantages of ONFA (OFT)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/#ONFA_OFT_Tokenomics\" title=\"ONFA (OFT) Tokenomics\">ONFA (OFT) Tokenomics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/#ONFA_OFT_Team\" title=\"ONFA (OFT) Team\">ONFA (OFT) Team<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/#Official_Links\" title=\"Official Links\">Official Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"What_is_ONFA_OFT\"><\/span>What is ONFA (OFT)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">ONFA is a cryptocurrency wallet application designed to simplify the exchange of digital assets and fiat currencies, making crypto investing accessible to everyone. Its primary audience includes newcomers to crypto or those with limited trading experience. ONFA focuses on the following core offerings:<\/p>\n<ul class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Storing, sending\/receiving digital assets, and supporting fiat currency transactions.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Enabling payments, shopping, and spending directly from fiat within the wallet.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Streamlined buying, selling, and portfolio management.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">The ONFA ecosystem revolves around the OFT (Global ONFA Token), deployed on Binance Smart Chain and the proprietary ONFA chain. With a maximum supply of 500,000,000 OFT (burn-only, no additional issuance), its smart contracts have been rigorously audited by Certik.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-175815 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/10\/onfa-1.png\" alt=\"\" width=\"1348\" height=\"629\" \/><\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Purpose_of_ONFA_OFT\"><\/span>Purpose of ONFA (OFT)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">ONFA aims to create a secure, user-friendly platform for crypto investments, simplifying the conversion of digital assets to fiat and enabling broad participation. OFT serves as the ecosystem\u2019s utility token, with users earning rewards through NFT mining. This process involves staking NFTs in a smart contract for up to 720 days, with daily rewards. Rewards halve every 50 million OFT mined, incentivizing early engagement and promoting sustainable growth.<\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"How_Does_ONFA_OFT_Work\"><\/span>How Does ONFA (OFT) Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">ONFA leverages blockchain technology to ensure transparency and security. OFT mining begins when users stake NFTs in a smart contract, with rewards distributed daily after a 24-hour cycle. The reward structure halves every 50 million OFT mined, controlling inflation and fostering long-term stability. OFT is used across the ecosystem, and a burning policy allocates 20% of profits to repurchase and remove OFT from circulation (reported monthly on onfa.io starting December 2024).<\/p>\n<p dir=\"ltr\">Future Benefits:<\/p>\n<ul class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Monthly OFT buybacks and burns using 20% of profits until circulation is reduced to 50%.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Enhanced OFT value for long-term investors.<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"ONFA_OFT_Use_Cases\"><\/span>ONFA (OFT) Use Cases<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">ONFA serves as a crypto wallet with the following applications:<\/p>\n<ul class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Storing, sending\/receiving digital assets, and fiat transactions.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Facilitating payments, shopping, and spending with fiat from the wallet.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Simplified buying, selling, and portfolio management.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Earning rewards through NFT staking and OFT mining.<\/p>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-175816 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/10\/onfa-2.png\" alt=\"\" width=\"1347\" height=\"181\" \/><\/p>\n<p dir=\"ltr\">Usage Steps:<\/p>\n<ol class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Download the ONFA app and set up a wallet.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Deposit digital assets or fiat.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Stake NFTs to start OFT mining.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Claim daily rewards.<\/p>\n<\/li>\n<\/ol>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Advantages_of_ONFA_OFT\"><\/span>Advantages of ONFA (OFT)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Security: Advanced encryption and multi-layer authentication.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">User-Friendly: Intuitive interface for beginners.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Yield: Passive income through OFT mining.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Global Access: Available worldwide.<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"ONFA_OFT_Tokenomics\"><\/span>ONFA (OFT) Tokenomics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">Total Supply: 500,000,000 OFT.<\/p>\n<ul class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Allocation:<\/p>\n<ul class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Mining: 40% (200,000,000, fully unlocked)<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Private Sale: 5% (25,000,000, vesting from January 2025)<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Strategic Partnerships: 10% (50,000,000, vesting from April 2026)<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">ONFA Founding Team: 20% (100,000,000, vesting 1% quarterly from January 2027)<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Liquidity: 10% (50,000,000, unlocked as needed)<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Broker Allocation, VIP Accounts: 5% (25,000,000, fully unlocked)<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">DeFi ONFA Ecosystem: 10% (50,000,000, unlocked as needed)<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Burning Policy: 20% of monthly profits used for OFT buybacks and burns until circulation reaches 50%.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-175813 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/10\/onfa-tokenomics.png\" alt=\"\" width=\"402\" height=\"441\" \/><\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"ONFA_OFT_Team\"><\/span>ONFA (OFT) Team<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">The ONFA team envisions a world where everyone, regardless of background or status, can shape their financial future. Leveraging cutting-edge technology, ONFA delivers secure, accessible digital investment tools, dismantling barriers to investment. Built on a smartphone-based platform, ONFA ensures convenience, safety, and ease of use, driving financial democratization. Led by two founders and a dedicated team, ONFA is more than a platform\u2014it\u2019s a beacon of innovation, equality, and opportunity, aiming to lead a global financial transformation.<\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Official_Links\"><\/span>Official Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><a href=\"https:\/\/onfa.io\/\">Website<\/a><\/li>\n<li><a href=\"https:\/\/x.com\/onfaofficial\">X (Twitter)<\/a><\/li>\n<li><a href=\"https:\/\/drive.google.com\/file\/d\/1B5myQk8TRo6saTMsA47raZmw7pZCVzBU\/view\">Whitepaper<\/a><\/li>\n<\/ul>\n<p><script type=\"text\/javascript\" src=\"https:\/\/files.coinmarketcap.com\/static\/widget\/currency.js\"><\/script><\/p>\n<div class=\"coinmarketcap-currency-widget\" data-currencyid=\"35632\" data-base=\"USD\" data-secondary=\"\" data-ticker=\"true\" data-rank=\"true\" data-marketcap=\"true\" data-volume=\"true\" data-statsticker=\"true\" data-stats=\"USD\"><\/div>\n<p>&nbsp;<\/p>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Telegram,\u00a0<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ONFA (OFT), launched on December 24, 2023, is a pioneering crypto wallet platform reshaping investment strategies and asset management in Asia. Harnessing blockchain\u2019s transformative potential for financial transactions, ONFA empowers investors with seamless control over their digital assets. This article explores what ONFA is, how it operates, and the opportunities it offers. What is ONFA<\/p>\n","protected":false},"author":29,"featured_media":53902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,5],"tags":[3465,2267,1183,24695,24696,8346,24694],"class_list":["post-53878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-project-review","tag-binance-smart-chain","tag-crypto-wallet","tag-fiat","tag-oft-coin","tag-oft-token","tag-payment","tag-what-is-onfa-oft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is ONFA (OFT)? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"ONFA (OFT), launched on December 24, 2023, is a pioneering crypto wallet platform reshaping investment strategies and asset management.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/what-is-onfa-oft\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is ONFA (OFT)? 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