PepperDEX
  • Introduction
  • Market Opportunity for PepperDEX
    • Competition
  • Fees
  • Pepper Token (PEP)
    • PEP
    • oPEP
    • vePEP
  • 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
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  1. 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:

  • 25,000,000 PEP (25%) - DAO Treasury for Operations and Future Use

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

    • 6,250,000 PEP (6.25%) - PEP-SOL Liquidity Bootstrapping Curve (LBC)

    • 6,250,000 PEP (6.25%) - PEP-WETH Liquidity Bootstrapping Curve (LBC)

    • 12,500,000 PEP (12.5%) - Protocol Owned Liquidity (POL) paired with raised funds from the LBCs.

  • 17,500,000 PEP (17.5%) - Core Contributors

    • Vesting Schedule: 3 month cliff vested over 3 years

  • 25,000,000 oPEP (25%) - Trading Volume Incentives

  • 2,500,000 PEP (2.5%) - Hxro Network Treasury

  • 2,500,000 PEP (2.5%) - Marketing

  • 2,500,000 PEP (2.5%) - Airdrop

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 27.5% 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.