$PIKA Token Address: 0x50d370cc853217099bef3815faabfc563139ec2a
Special Feature: 1% of every transaction is burned.
The Pika Finance tokenomics has been finalized! After reviewing all 671 community suggestions from the last airdrop, the Pika team has considered the following token distribution to be the most effective for long term growth and sustainability of the project. Below is a breakdown of the token distribution and use of funds.
Update: Current max supply is under 6,000,000 due to token burns.
- Old Max supply: 100,000,000 PIKA
- Pokemon Day Burn: 50,000,000 PIKA
- New Max supply: 50,000,000 PIKA (Supply is burned over time)
- Initial Liquidity: 2,500,000 PIKA (5%)
- Community Incentives: 30,000,000 (60%)
- Marketing & Operations: 10,000,000 (20%)
- Team: 7,500,000 (15%)
The Pika team will bootstrap initial liquidity collectively with our own money without any external source of funding. To ensure a fair launch of the project and equal opportunity for the community, there will be no presale and PIKA token will be listed directly on DEXs.
The largest portion of PIKA tokens are allocated for the community and will be distributed over time in the following ways.
Staking Rewards — A large portion of the tokens will be allocated towards staking and liquidity mining. This encourages our community members to provide liquidity on DEXs such as Pancakeswap, so more people can freely trade PIKA tokens. We will also partner with other projects and reward users in those communities to provide liquidity for PIKA as well.
Airdrops — Surprise airdrop events are an effective way to engage the community and also attract outside interest to the project. We intend to keep these airdrops unpredictable and as a result, only rewarding the most actively involved members of the community.
Prize Vault — Another portion of the tokens will be saved for our prize vault, which is used to reward participants of our regular Grand Lottery events.
NFTs — Finally, tokens will be used to create redeemable NFTs that are backed by physical assets. Members of our community will also have the chance to get paid in PIKA tokens to create the digital version of these NFTs.
Marketing & Operations
Marketing by itself is a huge component to a crypto project’s success and we believe there should be a decent amount allocated towards it. This mainly includes paying for social shills, partnerships, and cross promotions. Another chunk of the budget will be used for everyday operations, which is general development and maintenance of the Pika Finance platform.
To ensure the longevity and scalability of any project, proper team token allocation is needed. This portion of the funds will keep the Pika team motivated and working harder than ever to deliver great products for the community. Long live the Pika army!
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