πŸͺ™Tokenomics

PDAY Token

PDAY Token is the utility token of Pday and represents voting rights in the upcoming governance model. It has an organic connection with the Pday protocol and its revenue model, making it essential for the protocol's sustainable economy.

Token Contract and Details πŸ‘‡

πŸ’ Overview

Tokenomics Detail:

Airdrop

30%

30,000,000

100% unlock at TGE

Protocol Treasury

25%

25,000,000

Team/DAO Management - Locked

Liquidity Reserve

20%

20,000,000

100% unlock at TGE

Team & Contributors

10%

10,000,000

10% at TGE, then linear vesting for 10 months

Development & Marketing

8%

8,000,000

10% at TGE, then linear vesting for 10 months

Piteas Loyalty Airdrop

5%

5,000,000

100% unlock at TGE

Grants & Bounty

2%

2,000,000

10% at TGE, then linear vesting for 10 months

Total

100%

100,000,000

Initial suppy at TGE: 57,000,000 PDAY

Here are some details about token allocations πŸ‘‡

  • Airdrop: Allocated for individuals who contributed during the sacrifice process and distributed fairly. A small portion is reserved for potential airdrops to incentivize protocol usage in the future.

  • Protocol Treasury: Allocated for Pday' future plans and is decided not to be used without community approval. It can be used in later stages with community approval for purposes like expanding to different networks, sourcing liquidity, or similar processes.

  • Liquidity Reserve: Approximately 50-75% provided as liquidity during the token launch phase. The remaining assets are held in reserve for future liquidity provision stages.

  • Team & Contributors: Allocated for developers and salaried individuals who support the protocol's development.

  • Development & Marketing: Allocated to cover expenses related to marketing Pday and to support the majority of technological developments and expenses of the protocol.

  • Piteas Loyalty Airdrop: These tokens will be used for a customized reward system for participants of Piteas's sacrifice and PTS holders.

  • Grants & Bounty: Allocated for third-party applications and personal initiatives related to protocol security, development, and marketing.

Token Distribution

Tokenomics - Share

Last updated