Punk Protocol
  • Introduction
  • User Guide
    • Deposit
    • Claim
    • Terminate
    • Observe Radar
  • Update Report
    • A Better Technique to Join DeFi 401k
    • ETH added on Kovan Testnet
    • Meet Punk on Mobile
  • Glossary
  • SAVER
    • Motivation
    • Mechanism
      • Saver Architecture
      • Saver Parameters
    • Investment Models
      • USDT - Compound Model
      • USDC - Compound Model
      • DAI - Compound Model
      • ETH - Compound Model
    • Fee Structure
  • PUNKNOMICS
    • Basics
    • Traction
    • Token Distribution
  • SECURITY
    • Bug Bounty Program
    • Protocol Address
    • Contract Audit
  • More
    • Brand Assets
    • Cookie Statement
  • Community
    • Github
    • Medium
    • Twitter
    • Discord
    • Telegram
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  1. PUNKNOMICS

Token Distribution

Last Updated July 22, 2021

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Last updated 3 years ago

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Total Supply: 21,000,000 PUNK (Mint Disabled same as Bitcoin)

  • 75% - Community

    • 50% - Saver Reward: Incentivizing and distributing powers and rights to users who use Punk Protocol and continue to interact within the community. The Saver reward pool has a halving cycle of every 4 years and PUNK Tokens are distributed by calculating each user's contribution. Each Saver Forge has different and flexible weights which can be changed via governance voting.

    • 20% - Community Reserve: Reserves to incentivize new products.

    • 3% - Punk Staking: Motivating users to keep Punk tokens and reduce circulating distribution.

    • 1% - Fair Launch: Boosting initial liquidity for early supporters.

    • 1% - Uniswap LP Staking: Encouraging user's behavior of add liquidity on Uniswap.

  • 15% - Contributors: Released monthly basis over 24 months from TGE.

  • 10% - Ecosystem Fund: Released only 87,500 tokens before the TGE, and the remaining will be vested monthly basis over 24 months from the TGE for the expansion of ecosystem and development.