The proposal for updating PEGO Network’s tokenomics.

Public Chain Info:

PEGO Network

Token Ticker: PG

PG serves as PEGO Network’s governance token, allowing for cross-chain interactions as it is also issued on the Binance Smart Chain. In order to foster ecosystem growth, PG’s tokenomics have been updated to increase liquidity and support a wider range of functions.

Mark your calendars for February 8th, 2023, which is when the updated PG token is expected to become tradeable, approximately seven months from now.

The Initial Issuance Amount: 100,000,000

The Initial Phase

1. The Liquidity Mining of USDT/OSK-DAO: 16,000,000

• Launch Time: After the launch of the FISTSWAP-FARM section
• Duration: Nine months

2. The Stake Mining of PEGO NFT: 9,000,000

• Launch Time: After the launch of the PEGO-NFT FARM section
• Duration: Nine months

3. Ecosystem Incentives: 5,000,000

• Launch Time: Now
• Duration: Nine months

The Second Phase

1. 10 million tokens will be mined annually after the mainnet launch, and all tokens will be mined within seven years.
2. W3, the platform token of W3SWAP, can be mined in the Fist-U pool via updated tokenomics.
3. FIST can be added as trading pairs for newly integrated projects on the swap.

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