PIP Token
Last updated
Last updated
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.
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.
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.
$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.
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.
