Today we will be discussing briefly about the Tokenomics of the Piggy Wallet project, it’s functions, fundamentals and plans for the long-term success of Piggy Wallet.
The Piggy Token or $PWT is a utility token meant for Piggy Wallet platform which will provide the holders a wide range of benefits and rewards. The Piggy Wallet Token will be launched on Cardano Blockchain and we will issue 500 Million PIGGY Tokens (PWT) during our token minting event.
78% of the PIGGY Tokens total supply will be allocated to the Community.
22% of $PIGGY TOKEN will be allocated to the Team and Advisors that is to say that 110,000,000 PIGGY Tokens total supply will be allocated to the Team and Advisors to align our interests with those of the community.
Over 30% of the total tokens will be held by Piggy Wallet Inc in a smart contract as a token reserve to be used for community incentives and staking rewards.
125,000,000 PIGGY tokens will be allocated to Seed Sale and Public Sale which will be cliff and vested to be released linearly after a predetermined number of epochs
16% of the PIGGY Tokens total supply will be used for Marketing, Listings and Liquidity
Read more details about PIGGY Tokenomics.
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