Tokenomics
6.1. Total Supply
PiggyChat (PCHAT) has a fixed total supply of 10 billion tokens. To date, 1.88 billion tokens have been burned, reducing the effective circulating supply to 8.12 billion tokens. This fixed and deflationary supply helps drive demand and value over time.
To ensure a fair and strategic allocation of PCHAT tokens, the total supply is distributed as follows:
Purpose: Ensures there is sufficient liquidity on exchanges to handle trading volume and reduce price volatility.
Details: 5 billion PCHAT tokens are allocated to liquidity pools on decentralized exchanges like Raydium and will be used to provide initial liquidity on future centralized exchanges.
Purpose: Engages and rewards the community for their participation and contributions.
Details: 1.5 billion PCHAT tokens are set aside for community rewards, including airdrops, contests, and incentives for active participation in the PiggyChat ecosystem.
Purpose: Supports listing on major centralized and decentralized exchanges.
Details: 1 billion PCHAT tokens are reserved to facilitate listings on major exchanges such as WazirX and KuCoin, covering listing fees and providing initial liquidity.
Purpose: Funds marketing activities to increase visibility and attract new users.
Details: 1 billion PCHAT tokens are allocated for marketing campaigns, influencer partnerships, and promotional activities.
6.2.5 Team (10%)
Purpose: Compensates the team and advisors who are developing and managing PiggyChat.
Details: 1 billion PCHAT tokens are allocated to the core team and advisors, with vesting periods to ensure long-term commitment and alignment with the project's success.
6.2.6 Partnerships (5%)
Purpose: Establishes strategic partnerships to enhance PiggyChat’s reach and utility.
Details: 500 million PCHAT tokens are reserved for forming partnerships with other projects, platforms, and influencers to drive growth and collaboration.
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