🍺 Pepe Light Whitepaper

Pepe Light
6 min readJun 5, 2023

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Because Bud Light wasn’t good enough for us.

Abstract

Pepe Light is a non-inflationary token built on the Binance Smart Chain (BSC) that provides holders with passive income through dividend rewards. This whitepaper outlines the tokenomics, features, and benefits of Pepe Light, as well as its dividend system, tax structure, and roadmap.

It’s time for the Brew Crew to assemble.

Table of Contents:

1. Introduction
2. Tokenomics
3. Dividend System
4. Distribution and Reward Options
5. Tax System
6. How to Buy Pepe Light (PEPEL)
7. Use Cases and Utility
8. Roadmap
9. Team and Community
10. Security and Audits
11. Conclusion
12. Disclaimer

Yeah, it’s happening big time.

1. Introduction

Pepe Light is a decentralized cryptocurrency built on the Binance Smart Chain (BSC) that rewards its holders with Get Money Token (GMTKN). By holding Pepe Light tokens, investors can earn passive income through dividend rewards and participate in the growth of the ecosystem.

Total token distribution of $PEPEL.

2. Tokenomics

Pepe Light (PEPEL) features a tokenomic structure characterized by a non-inflationary token supply comprising a total of 5 billion tokens.

This supply remains unaltered over time, ensuring scarcity and fostering the possibility of value appreciation when demand experiences growth.

3. Dividend System

Pepe Light’s dividend system is designed to reward token holders with passive income. By default, holders receive Get Money Token (GMTKN) as dividends.

The distribution for dividends is currently 2% of every transaction.

4. Distribution and Reward Options

Pepe Light offers flexibility in choosing additional reward tokens. Holders can connect to Web3 and paste the desired token address into FUNCTION 9 of either Pepe Light or Get Money Token. Additionally, utilizing FUNCTION 11 holders are able to claim BNB as their chosen secondary dividend.

This feature allows holders to customize their dividend rewards with any valid BNB-paired token!

5. Tax System

Pepe Light implements a tax system to discourage short-term speculation and promote price stability. A 8% buy/ 9% sell tax is currently active until an adequate price floor is achieved.

The tax is applied to each transaction and is distributed as follows:

Liquidity Pool (LP) Fee:

4% of each transaction is allocated to the liquidity pool, ensuring sufficient liquidity and stability.

Marketing:

2% of each transaction is allocated to marketing efforts, promoting Pepe Light to a wider audience and increasing visibility.

Rewards:

2% of each transaction is distributed as dividends to token holders.

Holders receive Get Money Token (GMTKN) by default and can select an additional BNB-paired token as their reward. Even BNB! Find out more about Get Money Token here!

6. How to Buy Pepe Light (PEPEL)

To buy Pepe Light, follow these steps:

1️⃣ Connect to Web3:

Ensure you are connected to the Binance Smart Chain (BSC) network using a compatible wallet such as MetaMask, Trust Wallet, or Binance Chain Wallet…

2️⃣ Access PancakeSwap:

Visit the PancakeSwap exchange platform through this URL: https://pancakeswap.finance/swap?inputCurrency=BNB&outputCurrency=0x8EFe7c35D7E6cA31A64AB197eA590F5f6d48Fc40.

3️⃣ Swap BNB for Pepe Light:

On the PancakeSwap platform, select BNB as the input currency and enter the desired amount of BNB you wish to swap for Pepe Light (PEPEL).

Click on “Swap” to initiate the transaction. Confirm the transaction in your wallet and wait for the swap to be processed.

Once completed, you will see your Pepe Light balance in your wallet.

Misato prefers Pepe Light as her drink of choice… Also she’s best girl.

7. Use Cases and Utility

Pepe Light serves as a utility token within the ecosystem, providing various use cases such as:

Dividend Rewards:

Holders earn passive income through dividend rewards in Get Money Token (GMTKN) by default, with the option to choose an additional BNB-paired token.

Governance:

Pepe Light holders can participate in governance proposals and decision-making processes within the ecosystem.

Staking:

Future developments may introduce staking features, allowing holders to lock their tokens for additional rewards or benefits.

Community Engagement:

Pepe Light fosters an engaged community through social media channels, discussions, and events.

Beer consumption may be higher than specified in the roadmap. 🍺

8. Roadmap

Pepe Light has an ambitious roadmap to achieve its goals and deliver value to its community. The roadmap includes milestones such as:

Token Launch:

Successfully launch the Pepe Light token on the Binance Smart Chain.

Listing on Exchanges:

Secure listings on reputable exchanges to increase accessibility and liquidity.

Partnerships and Integrations:

Collaborate with other projects and platforms to expand the utility and reach of Pepe Light.

Develop Governance Features:

Implement governance mechanisms to allow community members to actively participate in decision-making.

Enhanced Token Utility:

Introduce additional use cases and utility features to increase the value proposition of Pepe Light.

Please note that the roadmap is subject to change and will be updated periodically to reflect progress and new developments.

Yes, girls will like you for holding Pepe Light.

9. Team and Community

Pepe Light has a dedicated team committed to the project’s success and growth. The team consists of experienced professionals in blockchain technology, marketing, and community management.

The community plays a vital role in shaping the future of Pepe Light through engagement, feedback, and suggestions.

It’s not much, but it’s honest work.

10. Security and Audits

Pepe Light prioritizes security and the protection of user funds. To ensure the safety of the ecosystem, audits by reputable third-party firms are conducted to identify and address any vulnerabilities or weaknesses.

The results of these audits will be shared with the community to maintain transparency and trust.

Don’t tell Gary about Spongebob’s favorite drink!

11. Conclusion

Pepe Light aims to revolutionize passive income generation by providing holders with dividend rewards through its non-inflationary model.

The flexibility to choose additional reward tokens adds versatility to the dividend system.

With a committed team, a strong community, and a comprehensive roadmap, Pepe Light is positioned to become a leading dividend token on the Binance Smart Chain.

“Yep, I’m pretty sure I’m not drunk enough yet.”

12. Disclaimer

Investing in cryptocurrencies involves risks, including the potential loss of funds.

This whitepaper provides information about Pepe Light for educational and informational purposes only. It should not be considered as financial advice or a recommendation to invest.

It is essential to conduct thorough research and seek professional advice before making any investment decisions.

Don’t worry, we went to school with Mr. Lahey so we’re good to drive bud.

For more information and updates, visit the Pepe Light website.

Disclaimer: This whitepaper is for informational purposes only and does not constitute investment advice. Please consult with a financial advisor before making any investment decisions.

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Pepe Light
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Saving the Binance Smart Chain one beer at a time.