Tonpound Participation Index
Last updated
Last updated
Tonpound Participation Index is a ERC-20 token that ensures the transition of Tonpound from a centralized project to a DAO. Its distribution will be based on tracking users' involvement and rewarding them from supporting the protocol in early stages. The rest of the supply is reserved for necessary spendings like liquidity or partnership programs.
TPI is the only currency that can be burned to create governance NFTs. No presale of any kind will take place before or after the token launch. Therefore, by airdropping a large portion of TPI to Tonpound's community, one ensures a gradual transfer of power from the developer team to the protocol's most active members.
Total Supply - 500 Million (500,000,000 TPI)
Liquidity Providers - 200 Million (200,000,000 TPI) Distribution - 2 years unlock according to the TPI vesting schedule. Tokens are proportionally distributed to users that supply liquidity to Tonpound Markets.
Team - 100 Million (100,000,000 TPI) Distribution - 1 year unlock according to the TPI vesting schedule.
Treasury - 100 Million (100,000,000 TPI) Distribution - 1 year unlock according to the TPI vesting schedule. The Treasury fund will be used for the protocol development, marketing, integrations, and partnerships.
Liquidity & Market Making - 50 Million (50,000,000 TPI) Distribution - no lock, 100% at TGE.
Community airdrop - 50 Million (50,000,000 TPI) Distribution - 1 year unlock according to the TPI vesting schedule. Airdrop whitelist - 5000 accounts max. with 9,600 TPI tokens per account.
Three airdrop campaigns are prepared to distribute a total of 50 Million TPI. The contests for winning the airdrops include simple community tasks (43.2M TPI) and providing liquidity to Tonpound Markets (4.8M TPI). The remaining total of 2M TPI will be given out as prizes that can be randomly found when upgrading gNFT ("Easter Egg").
Before claiming the tokens, airdrop winners have an opportunity to burn their TPI directly on upgrading the gNFT. Depending on the supply conditions, the amount of TPI might be (but not necessary be) considerably lower than the market price for opening a gNFT segment.
