# PEP Distribution



<figure><img src="https://655359940-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUQanFgqTN2uiGpA9IRnW%2Fuploads%2F43eWcZPlULd2AAP0SSmy%2Fimage.png?alt=media&#x26;token=3b7116ba-6bf2-4dfb-902b-c396479f351b" alt=""><figcaption></figcaption></figure>

<figure><img src="https://655359940-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUQanFgqTN2uiGpA9IRnW%2Fuploads%2FMs7T094rxUZh3QLGxqjS%2Fimage.png?alt=media&#x26;token=5ebeb702-4d91-4a33-8466-229e791c505d" alt=""><figcaption><p>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</p></figcaption></figure>

### 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.
