PLUS - Value Accrual Token
The purpose of the Plus Token
PLUS fulfils the following key purposes:
To accelerate and launch a strong liquidity program for Pivotal
To provide incentives for creators, developers and traders to build and use Pivotal
To decentralise eventual control and adoption trajectory to the wider community
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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