🪙PINK

PINK is the native governance token of PinkTrade, providing users with a range of utility functions within the platform and incentivizing user participation, stimulate platform activity, and encourage users to participate in governance.

PINK serves multiple utilities within PinkTrade:

• Staking Rewards: Staked PINK receives three types of rewards: Escrowed PINK, Multiplier Points, 40% of platform fees distributed in ETH. Fees are collected from market making, swap fees, and leverage trading.

Fees distributed are based on the number after deducting referral rewards and the network costs of keepers, keeper costs are usually around 1% of the total fees.

• Governance: PINK holders can participate in platform governance, influencing the development and direction of PinkTrade.

Allocation

PINK will be unlocked in a pre-determined schedule that lasts over 24 months from the public sale. The initial circulating supply is set to 2,200,000,000 PINK - 22% of the total supply.

The total supply will never exceed 10,000,000,000 PINK. The burning mechanism will be applied via governance voting.

Allocation	Percentage	Supply	Note
IDO	12.5%	1,250,000,000	80% unlocked at TGE, then linearly over 6 months
Liquidity	10%	1,000,000,000	80% unlocked at TGE, then reserved for CEX Listing.
Community Airdrop	5%	500,000,000	100% unlocked at TGE
Taikonaut Reward	10%	1,000,000,000	100% unlocked at TGE
Incentive Pool	55%	5,500,000,000	Reserved for ePINK rewards
Ecosystem	5%	500,000,000	Include budget for Marketing, Grants, Bug Bounty
Core Team	2.5%	250,000,000	Cliff for 6 months then linearly over 24 months