PLUS - Value Accrual Token

The purpose of the Plus Token

PLUS fulfils the following key purposes:

  1. To accelerate and launch a strong liquidity program for Pivotal

  2. To provide incentives for creators, developers and traders to build and use Pivotal

  3. To decentralise eventual control and adoption trajectory to the wider community

  4. To jumpstart immediate adoption via a fair-launch airdrop, and a liquidity auction mechanism

PLUS

  • 500,000,000 total supply

  • 70% in launch liquidity

  • A certain % will be allocated to $BOLT holders for token upgrade (TBC closer to merge date)

    • 1:1 for 30 days, reduces linearly within 3 months to 1:0

    • Unclaimed tokens from $BOLT merge to distribute as annual emissions over 6 years

    • New $PLUS can be staked for 3,6,12 months (Earn yield from unclaimed tokens + gas fees)

  • ERC20 token, bridged natively to Pivotal

  • Ownable, but not mintable

  • Burnable

Value Accrual

$PLUS is a buy-burn model.

All affiliate, router and bridge fees accumulated from platform usage will buy and burn the asset.

Through the buy and burn model, the token automatically increases in value the more transactions there are on PivotalSwap to swap and bridge.

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