Pudgy Puss

Launch Date: 20 Apr 2024

6Sw1u6...HgfupT
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Tokenomics

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Pudgy Puss

PUDGE

6Sw1u6g8vpTjFzxjDCtcfAD7D56vEpS4i4UZHgfupTSL

Absolutely, strong tokenomics are essential for the success of any project. It shows that careful thought and planning have gone into the design of the token and its ecosystem. What specific elements have you focused on in your tokenomics planning? TOKEN UTILITY: Pudgy Puss token holders enjoy utilities such as governance and staking. They can actively participate in shaping the community's direction by voting on key decisions. Additionally, the amount of tokens staked into the Safety Module (SM) generates funds that can be utilized for voting on community initiatives. DEMAND DRIVER: The token's utilities, particularly governance and staking, serve as key demand drivers. Despite the low staking rate relative to the circulating supply, the rewards are attractive as they are paid out in the native token. VALUE CREATION: Pudgy Puss revolutionizes the DeFi landscape with its decentralized liquidity protocol, facilitating borrowing and lending of crypto assets without intermediaries. Innovative features like flash loans and interest-earning capabilities foster a more inclusive financial ecosystem. A stable interest rate model ensures stability for both borrowers and lenders, enhancing overall value creation. VALUE CAPTURE: The community's governance, driven by Pudgy Puss token holders, captures value through fees reflected in the token. This fee capture mechanism contributes to the token's overall value proposition. BUSINESS MODEL: Pudgy Protocol's revenue streams include proceeds from pre-sale and public sale, reserve factors added to the Treasury, and token emissions to incentivize liquidity providers through the staking protocol. Revenue, denominated in the same asset as borrowed funds and Pudgy Puss tokens, is distributed to lenders as liquidity fees and to the Treasury for operational expenses, investments, and Safety Module incentives.

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