Protocol Owned Liquidity (POL)

25,000,000 PEP or 25% of the total supply has been allocated to Protocol Owned Liquidity (POL), half of which, 12,500,000 PEP, will be used to bootstrap the PEP token market through two separate PEP token auctions will be held using a fair launch liquidity bootstrapping curve (LBC).

Liquidity Bootstrapping Curve (LBC)

6.25% - PEP-SOL Auction

• Date: October 2023

6.25% - PEP-WETH Auction

• Date: October 2023

Once both auctions are complete, PepperDEX will take 80% of the auction proceeds and commit them to liquidity pools on both Solana and Ethereum. 20% of the auction proceeds will go to the PepperDEX Treasury for operations. The remaining 12.5% of the tokens designated for the PEP liquidity will be split between the pools to allow the protocol to provide base token market liquidity for each pair. PepperDEX will generate revenue from this POL which will be used to grow the treasury and strengthen the DAO. 20% of the DEX transaction fees will be re-directed to these pools until PepperDEX achieves a POL threshold of $5m. When this is achieved, the fees will be re-allocated to traders in the form of oPEP trading incentives.