Economics

Token Allocation

The original token inventory (i.e. 1B PL2) was donated to the Dapp based on the following allocations:

• 150M PL2 (15%) Reward HODL.
• 250M PL2 (25%) Treasury HODL.
• 600M PL2 (60%) Community Members.

In summary, the original token inventory (i.e. total supply of Nucleus release) was made available to the community to bring Plenny to maturity.

Meanwhile, 150M PL2 for the Reward HODL and 250M PL2 for the Treasury HODL totalling to 400M PL2 (40% of the original token inventory) was locked as reserves and will be distributed programmatically over time. Topping up these reserves and irrevocable locking is subject to governance voting.

The 600M (60%) allocated to community members is spread across different automated market maker (AMM) protocols to provide liquidity via decentralized markets. During the early phases (i.e. Alpha and BETA release), early adopters have already reserved half of the 600M PL2 for new community members. In the process, 300M PL2 (30% of the original token inventory) was allocated to the following liquidity contracts:

• 240M PL2 = Up to 24% allocated to Uniswap Mainnet V3.
• 50M PL2 = Up to 5% allocated to Uniswap V3 Arbitrum One (Eth. L2).
• 10M PL2 = Up to 1% allocated to Sushi V2 Arbitrum One (Eth. L2) that interacts with the rebase mechanism and the liquidity staking contract for Fish Farming on the Dapp. The LP tokens associated with this allocation were used for fish farming on Plenny and remain staked on the Dapp.

The remaining 300M PL2 (30%) of the original token inventory (1B PL2 = 100%) will be granted to key contributors to cover the project’s upfront funding, to finance further development, maintenance, growth hacking, and the launch of decentralized governance. As a result, a total of 600M (60%) represents the circulating supply.