-
Notifications
You must be signed in to change notification settings - Fork 30
Commit
This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
Fixed tokenomics content and links
- Loading branch information
Yuliia
committed
Aug 22, 2024
1 parent
9b9c5dc
commit 67c10ab
Showing
103 changed files
with
2,067 additions
and
472 deletions.
There are no files selected for viewing
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file was deleted.
Oops, something went wrong.
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1 @@ | ||
# Burned Coin Recapture Reconciliation |
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -1,22 +1,4 @@ | ||
# PKT Documentation | ||
Documentation for the PKT project | ||
|
||
## Wallet setup | ||
There are several wallets which you can choose from, the easiest to set up are | ||
|
||
* [PKT Electrum](./wallet_setup/install-pkt-electrum.md) which has a Graphical UI and supports Windows, Mac and Linux. | ||
* [PKT Wallet](./wallet_setup/pkt-wallet-setup.md) which has a Graphical UI and supports MacOS and works great with miners. | ||
* [Pkt.world Wallet](./wallet_setup/pkt-world-wallet.md) which has a Graphical UI for Windows, works with miners and includes a built-in miner. | ||
|
||
You can also setup [PKT Wallet](./wallet_setup/pkt-wallet-setup.md) which is command line only but has greater | ||
scalability and privacy features. | ||
## Mining | ||
PKT is mined using the PacketCrypt bandwidth hard mining algorithm. You can learn how | ||
to mine on the [Mining](./start_mining/intro.md) page. | ||
## Running a pktd instance | ||
You can setup a pktd instance using the instructions on [pktd](./pktd). | ||
|
||
## Help and Community | ||
To get help with the technologies in the PKT project or to hang out in the community | ||
join us on the [PKT Chat](https://pkt.chat/){target="_blank"} project chat. | ||
# Development Team Allocation | ||
|
||
In order to build the protocol, documentation, and initial marketing, 246 million recaptured burned PoW coins are allocated to the developers and team (“Developer Fund”). | ||
These funds are subject to the migration airdrip. The Developer Fund totals 4.1% of the supply. |
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -1,22 +1 @@ | ||
# PKT Documentation | ||
Documentation for the PKT project | ||
|
||
## Wallet setup | ||
There are several wallets which you can choose from, the easiest to set up are | ||
|
||
* [PKT Electrum](./wallet_setup/install-pkt-electrum.md) which has a Graphical UI and supports Windows, Mac and Linux. | ||
* [PKT Wallet](./wallet_setup/pkt-wallet-setup.md) which has a Graphical UI and supports MacOS and works great with miners. | ||
* [Pkt.world Wallet](./wallet_setup/pkt-world-wallet.md) which has a Graphical UI for Windows, works with miners and includes a built-in miner. | ||
|
||
You can also setup [PKT Wallet](./wallet_setup/pkt-wallet-setup.md) which is command line only but has greater | ||
scalability and privacy features. | ||
## Mining | ||
PKT is mined using the PacketCrypt bandwidth hard mining algorithm. You can learn how | ||
to mine on the [Mining](./start_mining/intro.md) page. | ||
## Running a pktd instance | ||
You can setup a pktd instance using the instructions on [pktd](./pktd). | ||
|
||
## Help and Community | ||
To get help with the technologies in the PKT project or to hang out in the community | ||
join us on the [PKT Chat](https://pkt.chat/){target="_blank"} project chat. | ||
|
||
# Initial Distribution |
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1 @@ | ||
# Migration Airdrop |
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,5 @@ | ||
# Proof-of-Stake Voting | ||
|
||
The Network Steward is determined using the Electorium voting system. At the time of staking, simply enter in a candidate wallet address to vote for Network Steward. Voting is tallied with staked tokens only (see [Governance](/governance)). | ||
|
||
Every Wednesday at 9am PST the candidate who is elected Network Steward will be announced in the PKT Discord. |
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,23 @@ | ||
# Token Supply | ||
|
||
Comprising the 6B tokens, the 705 million burned coins from the PoW have been recaptured and allocated back into the coin supply for the Yield Vault Contract, Marketing Fund and Development Team Allocation. | ||
|
||
The Yield Vault Contract is the fund that pays daily staking yields and bonus allocations. The Yield Vault includes 365 million recaptured burned PoW coins, which are earmarked to fund the LP Staking yields. | ||
|
||
The daily Yield Vault payouts align with a yield curve of the PoW. The yield curve is programmed for 10% of the remaining unyielded tokens to be yielded every 100 days and paid out via daily emissions. | ||
|
||
During Epoch 1 daily yields will be paid to all lockups, without requiring infrastructure pairing. Epoch 1 will begin with daily emissions of 900,421.92 PKT per day yield. | ||
|
||
Epoch 2 begins on Infrastructure Day, October 30, 2024 at 12:41 UTC. Upon Epoch 2, each stake will be required to pair with one of five different infrastructure node types in order to continue to earn yields (see [Infrastructure Yields](/infra/infrastructure/)). | ||
|
||
After Epoch 2 a decimation will occur every 100 days and reduce the daily yields by 10%. | ||
|
||
The Marketing Fund is held in a multi-sig address with 3 signers. | ||
|
||
The marketing fund multi-sig wallet address is: TBD | ||
|
||
Signer 1: 0x… | ||
|
||
Signer 2: 0x… | ||
|
||
Signer 3: 0x… |
This file was deleted.
Oops, something went wrong.
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,28 @@ | ||
# Tokenomics | ||
|
||
!!! tldr "PKT has one token that powers both its governance and utility:" | ||
PKT is an ERC-20 utility token | ||
|
||
PKT is yielded by staking using the dashboard on [https://pkt.cash](https://pkt.cash/){:target="_blank"} | ||
|
||
There are three (3) types of staking after August 21, 2024 (“Launch”): | ||
|
||
## STANDARD STAKING YIELDS | ||
|
||
Standard staking yields enable holders to Stake-to-Earn on their tokens. Each 1PKT is equal to 1 Yield Credit. The longer the lockup duration, the higher the yield multiplier on the underlying locked balance. For example if 1 million PKT is staked for 1 year, it will receive 1 million x 4 yield credits, equal to 4 million yield credits. Additional tokens can be added to previous lockups at any time. PKT can be staked into a lockbox with optional renewable terms. | ||
|
||
Standard Staking Yield Multipliers: | ||
|
||
* PKT locked for 3 months receives 1.5x yield multiplier | ||
* PKT locked for 6 months receives a 2x yield multiplier | ||
* PKT locked for 12 months receives a 4x yield multiplier | ||
|
||
Beginning on October 30, 2024 (“Infrastructure Day”) each stake must pair with an infrastructure node (see [Infrastructure](/infra/infrastructure)). PKT is also used for governance. Any holder who stakes PKT can vote their stake during lockup, in favor of a Network Steward of their choice. | ||
|
||
## LP STAKING | ||
|
||
PKT holders who stake the liquidity pool on Uniswap (“LPs”) earn AMM fees paid by the Liquidity Pool. During the first 365 days after Launch, LP’s can earn a pro rata share of a 1,000,000 PKT daily yield by staking LP tokens in a lockup of at least 1 week (“LP Staking”). LP Tokens that are staked into a lockup will receive staking yield multipliers, as listed above. | ||
|
||
## AFFILIATE YIELDS | ||
|
||
PKT is also earned as a yield bonus paid to affiliates. A yield bonus is earned when someone uses an affiliate code (see [Affiliate Rewards](/affiliate)). |
This file was deleted.
Oops, something went wrong.
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Oops, something went wrong.