PepperDEX 2.0 Docs
  • Introduction
  • Market Opportunity for PepperDEX
  • DEX Concepts
    • Orderbook
    • Instruments
    • Market Product Groups (MPGs)
    • Trader Risk Groups (TRGs)
    • Margining
    • Collateral
    • Fees
    • Liquidations
    • Liquidators
    • PnL
    • Oracles
    • Risk Management
    • Insurance Fund
    • Socialized Loss
  • PepperDEX In-house Market Maker
    • Introduction
    • How to Participate
  • Trading Vaults
  • Pepper Token (PEP)
    • PepperDEX's Tokenomic Flywheel
    • PEP
    • oPEP
    • vePEP
    • Fee Distribution
    • Staking
      • Staking Mechanics
    • Governance
      • Voting Power
      • Launch Auction and Team & Investor Weighting
      • Proposals & Voting
      • Proposal Blocktimes
    • Distribution
      • PEP Distribution
      • DAO Treasury
      • Protocol Owned Liquidity (POL)
      • Core Contributors
      • Trading Incentives
      • Hxro Network Treasury
      • Community Airdrop
      • Marketing
  • Roadmap
  • Twitter
  • Discord
  • Hxro Network Docs
  • PepperDEX 1.0 Docs
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  1. Pepper Token (PEP)
  2. Distribution

PEP Distribution

PreviousDistributionNextDAO Treasury

Last updated 1 year ago

Maximum Supply: 100,000,000 PEP

Distribution of token supply is broken down as follows:

20,000,000 PEP (20%) - DAO Treasury for Operations and Future Use

  • 2,500,000 (2.5%) - Reserved for Hxro Network Treasury Swap

25,000,000 PEP (25%) - Protocol Owned Liquidity

  • 5,000,000 PEP (5%) - PEP-SOL Liquidity Bootstrapping Curve (LBC)

  • 5,000,000 PEP (5%) - PEP-USDC Liquidity Boostrapping Curve (LBC)

  • 10,000,000 PEP (10%) - Protocol Owned Liquidity (POL) paired with raised funds from the LBCs.

  • 5,000,000 PEP (5%) - Ecosystem Liquidity Alignment Initiative

20,000,000 PEP (20%) - Core Contributors

  • Vesting Schedule: 3 month cliff vested over 3 years

20,000,000 oPEP (20%) - Trading Volume Incentives

10,000,000 oPEP (10%) - Airdrop

5,000,000 PEP (5%) - Marketing

A defined number of PEP tokens will be minted initially to allow for community activating airdrops, marketing, and early PepperDEX liquidity incentives. The core contributors plan to unlock 10% of the supply to facilitate these early activations.

Note that 25% of the max PEP supply is allocated to the DAO/Marketing and does not have a predetermined distribution schedule. As they become available to DAO, it may decide how/if they should be distributed