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Tokenomics of Pylon Eco Token (PETN)

DeFi / GameFi / Tech Deep Dives

Tokenomics of Pylon Eco Token (PETN)

PylonEcosystem

By PylonEcosystem

Created a year ago, last updated a year ago
2 mins read
Tokenomics of Pylon Eco Token (PETN)

Forty million is distributed in the stakeholder ICO phase to the founder member of the project who invests in the verbal idea of the project. The token is distributed to 8 users raising 25,000 BUSD from each, resulting in a 200,000 BUSD total contributed in this phase. This phase involves high risk and high gain.

Ten million tokens are distributed in the Private ICO phase to the early adopter and believer to the project based on the whitepaper. The token is distributed to 250 users raising 1,600 BUSD from each, resulting in a 400,000 BUSD total contributed in this phase. Also, in this phase, users are required to invite four people to the same or next phase to the ecosystem.

Ten million tokens are distributed in the Pre ICO phase to the early investor to the project based on the ongoing development of the ecosystem projects. In addition, the token is distributed to 1000 users raising 1,200 BUSD from each, resulting in a 1,200,000 BUSD total contributed in this phase.

Ten million will be issued to the company as a liquidity reserve. In addition, nine million tokens are distributed as referral incentives, airdrop, and marketing of the projects.

Out of Twenty million tokens, Five million tokens will be divested each year for the operations of the project and based on the completion of a new ecosystem projects.

All the ICO tokens are buyback on the original price the token holders have purchased. The ICO buyback is only valid if the ICO tokens are not used in any transfer or consume any product or services directly or indirectly. The buyback program does not cover any tokens sold by the company after listing to the secondary markets.

25% of the ICO token will be released every year, leaving almost no space for pump and dump. The release starts after the first exchange listing which can be managed through the governance process by the token holders in the future.

Net profit from all ecosystem projects will be used to buy back our token from the market and burn, this will help to reduce the total tokens in circulation and increase the value of the token over time.

Technical Details:
Token Name: Pylon Eco Token
Token Symbol: PETN
Total Max Supply: 99 Million
Token Network: Binance Smart Chain (BEP20)
Token Type: DeFi, Governance & Deflationary
Transaction Tax: 1.99% (Burnt: 0.99%, Open Source: 0.5% & Staking: 0.5%)
Token Unlocking: 25% Yearly for all ICO Token

[ Source ] [ White Paper ] [ Blog ]

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