Pantos (PAN) Token Report — Q1 2024: Detailed Analysis of Token Distribution and Strategic Vision

Pantos
Pantos
Published in
4 min readApr 9, 2024

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Introduction

Today marks a significant step forward in our journey towards creating a more transparent environment. We are thrilled to introduce our new quarterly reports initiative aimed at improving the transparency of the Pantos Project.

This report provides an extensive overview of Pantos’ (PAN) token distribution, market dynamics, and our forward-looking strategies. Our aim is to provide our community with clear and comprehensive information, reinforcing our commitment to transparency and informed participation.

Pantos Token Allocation

  • Total Supply: 1 billion (1,000,000,000) PAN tokens.
  • ICO Allocation: 40% of the total supply, amounting to 400 million PAN, was distributed as part of the ICO in 2018.
  • Reserve Fund: 400 million PAN, representing 40% of the tokens, are allocated to the reserve fund.
  • Team: 100 million PAN, which is 10% of the total, is dedicated to the Pantos team.
  • Bounties: 90 million PAN, amounting to 9% of the supply, is set aside for bounties.
  • Airdrops: 10 million PAN, comprising the remaining 1%, was distributed as part of the ICO campaign to eligible Bitpanda users.

Circulating Supply

As of 1. April 2024, a total of 567,047,516 PAN are in circulation, including tokens distributed through the ICO, bounties, team tokens, and airdrops.

Held on Bitpanda: 519,131,676 PAN

Self-Custody: 47,915,840 PAN

Distribution of Bounties

Over the last years, we have regularly distributed bounties to reward and incentivize our community for their contributions to the Pantos ecosystem.

Below find a detailed list of all distributed bounties:

  • TAF Bounties — 2018: 5,207,857.634237 PAN
  • PAN Trading Competition — 11. May 2019: 46,648.961 PAN
  • User Rewards — 11. May 2019: 46,648.96100491 PAN
  • PAN Trading Competition — 6. August 2019: 385,000 PAN
  • Social Media Giveaway — 20. September 2019: 5,000 PAN
  • PAN Competition 03. August 2020: 280,000 PAN
  • Community Bounty — 06. October 2020: 220,000 PAN
  • PAN Photo Challenge — 07. December 2021: 30,000 PAN
  • HODLiday Calender Giveaway — 29. December 2021: 74,155 PAN
  • Bitpanda Pro Market Maker — 22. April 2022: 499,306.1083 PAN
  • PAN Anniversary 22’ — 10. August 2022: 335,845.1094 PAN
  • PAN Anniversary 23’ — 4. September 2023: 495,000 PAN

As of April 2024, a total of 7,578,813.07 PAN bounties have been distributed.

Upcoming Team Token Payouts:

At Pantos, every team member is granted 150,000 PAN tokens, subject to an 18-month vesting period. Furthermore, there is an opportunity for each member to increase their allocation to as much as 500,000 PAN. This increase is contingent upon meeting specific internal performance benchmarks and project goals.

The team token payout for the year 2023 will be distributed no earlier than July 2024, after the 18-month vesting period has concluded.

Ensuring Liquidity for PAN Trading

Since 2018 the community has been able to trade PAN tokens on Bitpanda through Bitpanda’s own in-house market making, ensuring high liquidity. This includes setting appropriate bids and asks based on a proprietary algorithm in accordance with the Austrian financial market authorities. The price of PAN on Bitpanda is therefore governed by market supply and demand dynamics, with Bitpanda’s algorithm playing a key role in maintaining a balanced and fair trading environment. In times of high buy or sell pressure, the algorithm provides additional PAN from the reserve or buys back PAN from the market in order to sustain a highly liquid market.

Advancing PAN Token Accessibility

Our commitment to the Pantos ecosystem’s growth includes a focused effort on improving the accessibility of the PAN token. This encompasses strategic initiatives to ensure that users can easily obtain, hold, and utilize PAN across multiple platforms and blockchains.

Strategic Exchange Listings: A critical aspect of our accessibility strategy involves listing the PAN token on additional exchanges, following the token migration. By doing so, we aim to make PAN more readily available to a global audience, simplifying the process for users to acquire and trade PAN. These efforts are essential for fostering wider adoption and engagement within the Pantos ecosystem.

Liquidity Provision and DEX Incentives: Recognizing the importance of liquidity for token accessibility, we are actively exploring initiatives to incentivize liquidity provision on decentralized exchanges (DEXs). High liquidity levels are vital for ensuring that users can execute transactions with PAN efficiently, without significant price slippage. We are currently exploring various options for introducing rewards or incentives for users who contribute to liquidity pools, thereby supporting a more vibrant and user-friendly trading environment.

Through these initiatives, our goal is to significantly enhance the accessibility of the PAN token, ensuring easy access for everyone worldwide.

Commitment to Transparency

As part of our dedication to maintaining open and clear communication, we commit to providing quarterly updates. These updates will encompass comprehensive details about PAN’s distribution and market activities. Our goal is to ensure that our community stays thoroughly informed about the progress and changes in our ecosystem. This commitment reflects our belief in the importance of keeping our community at the forefront of all our endeavors.

Head over to our ICO Funds Report to learn more about our financial position and our latest strategic decisions.

We welcome your feedback on this report and invite suggestions for improvements or additional details you’d like to see in future editions. Your input is invaluable as we strive to enhance our reporting and ensure it meets the community’s needs.

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Pantos
Pantos
Editor for

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