PAPI: Infusing Fun into Crypto with Mysterious Puppetry!
Tokenomics
Token Supply
Papi coin will have a fixed total supply of, let's say, 1 billion tokens.
Distribution
Initial Distribution:
50% of the tokens could be allocated for an initial distribution event, which might involve airdrops, presale, or initial liquidity pool creation.
Development Team:
Allocate around 15% to the development team to ensure ongoing project development and improvements.
Marketing:
Allocate 10% for marketing initiatives to promote the coin and increase its visibility.
Liquidity:
Set aside 15% for liquidity on decentralized exchanges to ensure trading availability.
Community and Partnerships:
Allocate 10% for community rewards, partnerships, and collaborations.
Utility
Staking:
Holders can stake Papi tokens to earn rewards or participate in governance decisions.
NFTs:
Papi could integrate with NFTs, allowing holders to mint or trade unique meme-related digital assets.
Governance:
Holders can participate in the decision-making process, such as voting on proposals or changes to the project.
Incentives
Liquidity Mining:
Encourage liquidity provision on decentralized exchanges by offering Papi rewards to liquidity providers.
Staking Rewards:
Provide incentives for token holders who participate in staking to secure the network.
Referral Program:
Introduce a referral program to reward users who bring in new holders or participants.
Token Burning
Periodic Burns:
Implement regular token burns by using a portion of transaction fees, reducing the overall supply and potentially increasing scarcity.
Fees and Revenue
Transaction Fees:
A small portion of transaction fees could be collected and redistributed to token holders as rewards or used for burns.
PAPI a decentralised meme project putting fun back into cryptocurrency with our mysterious puppet. A first in the cryptocurrency space, bringing Lotto Staking to the space. This trendy puppet is ready to breed future Papi Chulo’s!
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