Skip to content

Commit

Permalink
Post-release updates v.1.2
Browse files Browse the repository at this point in the history
Fixed tokenomics content and links
  • Loading branch information
Yuliia committed Aug 22, 2024
1 parent 9b9c5dc commit 67c10ab
Show file tree
Hide file tree
Showing 103 changed files with 2,067 additions and 472 deletions.
2 changes: 1 addition & 1 deletion docs/index.md
Original file line number Diff line number Diff line change
Expand Up @@ -14,7 +14,7 @@ PKT economically incentivizes people to stake and earn PKT. Each stake must be a
### [Infrastructure](infra/infrastructure)
The PKT Network relies on its community to operate its underlying infrastructure. This is made possible by staking, which requires people to lockup PKT tokens to earn rewards. Beginning in October 26, 2024, each stake must be paired with an infrastructure node to continue receiving rewards. This ensures that the economic incentives in fact scale the underlying network. This ensures providers are rewarded to maintain reliable and accessible network resources.

### [Tokenomics](tokenomics/initial-distribution)
### [Tokenomics](tokenomics/tokenomics)
### [Affiliate](affiliate)
### [How to buy PKT](buy-pkt)
### [Wallets](wallets)
Expand Down
22 changes: 0 additions & 22 deletions docs/tokenomics/airdrop.md

This file was deleted.

1 change: 1 addition & 0 deletions docs/tokenomics/burned-coin-recapture-reconciliation.md
Original file line number Diff line number Diff line change
@@ -0,0 +1 @@
# Burned Coin Recapture Reconciliation
24 changes: 3 additions & 21 deletions docs/tokenomics/dev-team.md
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.
23 changes: 1 addition & 22 deletions docs/tokenomics/initial-distribution.md
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
1 change: 1 addition & 0 deletions docs/tokenomics/migration-airdrop.md
Original file line number Diff line number Diff line change
@@ -0,0 +1 @@
# Migration Airdrop
5 changes: 5 additions & 0 deletions docs/tokenomics/proof-of-stake-voting.md
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.
23 changes: 23 additions & 0 deletions docs/tokenomics/token-supply.md
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…
22 changes: 0 additions & 22 deletions docs/tokenomics/token.md

This file was deleted.

28 changes: 28 additions & 0 deletions docs/tokenomics/tokenomics.md
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)).
22 changes: 0 additions & 22 deletions docs/tokenomics/voting.md

This file was deleted.

8 changes: 5 additions & 3 deletions mkdocs.yml
Original file line number Diff line number Diff line change
Expand Up @@ -37,10 +37,12 @@ nav:
- Build a Website in PKT Network: infra/build-web.md
- Accessing your cjdns website: infra/cjdns-web.md
- Tokenomics:
- Tokenomics: tokenomics/tokenomics.md
- Initial Distribution: tokenomics/initial-distribution.md
- Migration Airdrop: tokenomics/airdrop.md
- Token Supply: tokenomics/token.md
- Proof-of-Stake Voting: tokenomics/voting.md
- Migration Airdrop: tokenomics/migration-airdrop.md
- Token Supply: tokenomics/token-supply.md
- Burned Coin Recapture Reconciliation: tokenomics/burned-coin-recapture-reconciliation.md
- Proof-of-Stake Voting: tokenomics/proof-of-stake-voting.md
- Development Team Allocation: tokenomics/dev-team.md
- Affiliate: affiliate.md
- How to buy PKT: buy-pkt.md
Expand Down
14 changes: 11 additions & 3 deletions site/404.html
Original file line number Diff line number Diff line change
Expand Up @@ -213,20 +213,28 @@ <h1 id="404-page-not-found" style="text-align: center">404</h1>
<span class="section-title">Tokenomics</span>
<ul id="tokenomics" class="collapse">

<li>
<a href="/tokenomics/tokenomics/" class="md-nav__link ">Tokenomics</a>
</li>

<li>
<a href="/tokenomics/initial-distribution/" class="md-nav__link ">Initial Distribution</a>
</li>

<li>
<a href="/tokenomics/airdrop/" class="md-nav__link ">Migration Airdrop</a>
<a href="/tokenomics/migration-airdrop/" class="md-nav__link ">Migration Airdrop</a>
</li>

<li>
<a href="/tokenomics/token-supply/" class="md-nav__link ">Token Supply</a>
</li>

<li>
<a href="/tokenomics/token/" class="md-nav__link ">Token Supply</a>
<a href="/tokenomics/burned-coin-recapture-reconciliation/" class="md-nav__link ">Burned Coin Recapture Reconciliation</a>
</li>

<li>
<a href="/tokenomics/voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
<a href="/tokenomics/proof-of-stake-voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
</li>

<li>
Expand Down
14 changes: 11 additions & 3 deletions site/PKT_FAQ/index.html
Original file line number Diff line number Diff line change
Expand Up @@ -204,20 +204,28 @@
<span class="section-title">Tokenomics</span>
<ul id="tokenomics" class="collapse">

<li>
<a href="../tokenomics/tokenomics/" class="md-nav__link ">Tokenomics</a>
</li>

<li>
<a href="../tokenomics/initial-distribution/" class="md-nav__link ">Initial Distribution</a>
</li>

<li>
<a href="../tokenomics/airdrop/" class="md-nav__link ">Migration Airdrop</a>
<a href="../tokenomics/migration-airdrop/" class="md-nav__link ">Migration Airdrop</a>
</li>

<li>
<a href="../tokenomics/token-supply/" class="md-nav__link ">Token Supply</a>
</li>

<li>
<a href="../tokenomics/token/" class="md-nav__link ">Token Supply</a>
<a href="../tokenomics/burned-coin-recapture-reconciliation/" class="md-nav__link ">Burned Coin Recapture Reconciliation</a>
</li>

<li>
<a href="../tokenomics/voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
<a href="../tokenomics/proof-of-stake-voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
</li>

<li>
Expand Down
14 changes: 11 additions & 3 deletions site/adv_learning/buy-pkt/index.html
Original file line number Diff line number Diff line change
Expand Up @@ -204,20 +204,28 @@
<span class="section-title">Tokenomics</span>
<ul id="tokenomics" class="collapse">

<li>
<a href="../../tokenomics/tokenomics/" class="md-nav__link ">Tokenomics</a>
</li>

<li>
<a href="../../tokenomics/initial-distribution/" class="md-nav__link ">Initial Distribution</a>
</li>

<li>
<a href="../../tokenomics/airdrop/" class="md-nav__link ">Migration Airdrop</a>
<a href="../../tokenomics/migration-airdrop/" class="md-nav__link ">Migration Airdrop</a>
</li>

<li>
<a href="../../tokenomics/token-supply/" class="md-nav__link ">Token Supply</a>
</li>

<li>
<a href="../../tokenomics/token/" class="md-nav__link ">Token Supply</a>
<a href="../../tokenomics/burned-coin-recapture-reconciliation/" class="md-nav__link ">Burned Coin Recapture Reconciliation</a>
</li>

<li>
<a href="../../tokenomics/voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
<a href="../../tokenomics/proof-of-stake-voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
</li>

<li>
Expand Down
14 changes: 11 additions & 3 deletions site/adv_learning/cryptoeconomics/index.html
Original file line number Diff line number Diff line change
Expand Up @@ -204,20 +204,28 @@
<span class="section-title">Tokenomics</span>
<ul id="tokenomics" class="collapse">

<li>
<a href="../../tokenomics/tokenomics/" class="md-nav__link ">Tokenomics</a>
</li>

<li>
<a href="../../tokenomics/initial-distribution/" class="md-nav__link ">Initial Distribution</a>
</li>

<li>
<a href="../../tokenomics/airdrop/" class="md-nav__link ">Migration Airdrop</a>
<a href="../../tokenomics/migration-airdrop/" class="md-nav__link ">Migration Airdrop</a>
</li>

<li>
<a href="../../tokenomics/token-supply/" class="md-nav__link ">Token Supply</a>
</li>

<li>
<a href="../../tokenomics/token/" class="md-nav__link ">Token Supply</a>
<a href="../../tokenomics/burned-coin-recapture-reconciliation/" class="md-nav__link ">Burned Coin Recapture Reconciliation</a>
</li>

<li>
<a href="../../tokenomics/voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
<a href="../../tokenomics/proof-of-stake-voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
</li>

<li>
Expand Down
14 changes: 11 additions & 3 deletions site/adv_learning/pktd-full-node/index.html
Original file line number Diff line number Diff line change
Expand Up @@ -204,20 +204,28 @@
<span class="section-title">Tokenomics</span>
<ul id="tokenomics" class="collapse">

<li>
<a href="../../tokenomics/tokenomics/" class="md-nav__link ">Tokenomics</a>
</li>

<li>
<a href="../../tokenomics/initial-distribution/" class="md-nav__link ">Initial Distribution</a>
</li>

<li>
<a href="../../tokenomics/airdrop/" class="md-nav__link ">Migration Airdrop</a>
<a href="../../tokenomics/migration-airdrop/" class="md-nav__link ">Migration Airdrop</a>
</li>

<li>
<a href="../../tokenomics/token-supply/" class="md-nav__link ">Token Supply</a>
</li>

<li>
<a href="../../tokenomics/token/" class="md-nav__link ">Token Supply</a>
<a href="../../tokenomics/burned-coin-recapture-reconciliation/" class="md-nav__link ">Burned Coin Recapture Reconciliation</a>
</li>

<li>
<a href="../../tokenomics/voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
<a href="../../tokenomics/proof-of-stake-voting/" class="md-nav__link ">Proof-of-Stake Voting</a>
</li>

<li>
Expand Down
Loading

0 comments on commit 67c10ab

Please sign in to comment.