> For the complete documentation index, see [llms.txt](https://docs.getpip.com/getpip/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.getpip.com/getpip/tokenomics/pip-token.md).

# PIP Token

### Address

<https://explorer.solana.com/address/HHjoYwUp5aU6pnrvN4s2pwEErwXNZKhxKGYjRJMoBjLw>

### Distribution

The total supply of PIP is 1,000,000,000 tokens, all minted at once. PIP Tokens will be distributed among 4 main groups. Community Treasury is 690,000,000 PIPs ( 69%) of the Total PIP supply. Community treasury will be distributed among 5 groups.

![](https://1392962919-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fu9t7VKDFimbjcCEeJjDt%2Fuploads%2F88FwAXONN9iyj25JpBW6%2Ftokenomics.png?alt=media\&token=5e68ee75-f860-4242-b742-b7216fb6cf71)

<figure><img src="https://1392962919-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fu9t7VKDFimbjcCEeJjDt%2Fuploads%2FOfLNdkvjqIVXKmgV1Kr6%2FScreen%20Shot%202023-04-15%20at%203.39.32%20PM.png?alt=media&amp;token=34b80116-5ab9-409d-a321-ed82c531f1b7" alt=""><figcaption></figcaption></figure>

### Vesting Period

### Reward Farming

Users earn $PIP through various engagement activities such as creating content, peer-to-peer transactions, and community interactions. These rewards are distributed periodically based on participation.

&#x20;**Unclaimed Reward Farming Tokens** \
To ensure fair distribution and prevent token accumulation in inactive wallets, the protocol will introduce an automated mechanism for handling unclaimed reward tokens:

• Auto-Expiration: Reward farming tokens that remain unclaimed for over 30 days will be removed from circulation according to the protocol’s fairness mechanism. \
• Fairness & Integrity: This prevents token hoarding and ensures only active users receive rewards. This mechanism does not impact existing token holders and serves to maintain a healthy, efficient rewards system that benefits active participants.<br>

### Governance

$PIP is the native token of PipDAO. DAO represents ownership of the PIP ecosystem. $PIP holders are members of PipDAO and possess ownership of the PIP ecosystem.

### Staking Rewards

Liquidity providers gain rewards based on their percentage share of the overall liquidity pool. These rewards are paid in our native token $PIP to every provider that locks liquidity.