🪙Tokenomics
Basic information:
Token Name: $PEDRO
Token Symbol: PEDRO
Total Supply: 1,000,000,000 $PEDRO
CA: inj1c6lxety9hqn9q4khwqvjcfa24c2qeqvvfsg4fm
Token Distribution:
Initial Liquidity: 50% of total supply
Allocation: 500,000,000 $PEDRO
Purpose: Providing liquidity for trading pairs and ensuring stable market dynamics.
The initial liquidity for Pedro Coin is now set at 139,593,625 $PEDRO across two pools: PEDRO/INJ and PEDRO/DOJO. Additionally, 100,406,375 $PEDRO has already been burned, bringing the total amount of $PEDRO used for initial liquidity to 200,000,000.
This means that there’s still 200,000,000 $PEDRO remaining to be added to liquidity, which will happen after the NFT mint!
Community Rewards: 30% of total supply.
Allocation: 300,000,000 $PEDRO
Purpose: Rewarding active community members, boosting participation, and fostering engagement.
A total of 286,902,478 $PEDRO has already been distributed! additional is also 2,423,890 $PEDRO burned. Only 10,673,632 $PEDRO are left for community rewards! This means Pedro Coin is becoming more exclusive by the day, and getting your hands on it just got a whole lot harder!
Marketing and Partnerships: 10% of total supply.
Allocation: 100,000,000 $PEDRO
Purpose: Funding marketing campaigns, strategic partnerships, and promotional activities to expand the reach and visibility of $Pedro.
A total of 220,000,000 $PEDRO has already been invested in marketing and partnerships to grow and strengthen the Pedro community! With this significant allocation, a buyback of 120,000,000 $PEDRO is planned to balance supply and maintain value.
To continue with additional marketing and partnerships, any further $PEDRO will need to be funded directly from personal resources. This commitment will drive $PEDRO’s ongoing momentum and success!
NFT: 10% of total supply
100,000,000 $PEDRO
Purpose: Give something nice for our NFT holders and buyers!
When people buy our NFT, the liquidity they provide increases visibility for $PEDRO Coin. That’s why it’s important to give back to them! To reward our NFT holders, we will distribute $PEDRO coins as follows:
First Week Reward: A total of 20,000,000 $PEDRO will be distributed to all wallets holding our NFT during the first week. (2000 NFT).
Two-Month Reward: Another 20,000,000 $PEDRO will be distributed over the following two months to wallets that continue holding our NFT. The distribution will also be proportional to the number of NFTs held.
The remaining funds will be allocated to the upcoming NFT staking platform, which I will developing. This will include 60,000,000 $PEDRO plus additional $PEDRO accumulated through buybacks. This approach ensures we reward our supporters while building a sustainable ecosystem for $PEDRO Coin.
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