PMG
Pomerium Ecosystem Token
Last updated
Pomerium Ecosystem Token
Last updated
Token Name: Pomerium Ecosystem token
Token Symbol: PMG
Total Supply: 1,000,000,000 PMG
Network:
Contract: 0x0733618ab62eeec815f2d1739b7a50bf9e74d8a2
| Allocation | Matrix | Amount | Vesting Term |
|---|---|---|---|
Seed / Private Round | 5% | 50,000,000 | Before accepting token investments |
Staking | 10% | 100,000,000 | Cliff 1 months vesting 48 months |
Games | 30% | 300,000,000 | Cliff 6 months vesting 5 years |
Guardians | 35% | 350,000,000 | Vesting 10 years as logic |
Team | 5% | 50,000,000 | TGE 3% Cliff 12 months vesting 24 months |
Community Pool | 15% | 150,000,000 | TGE 30% Cliff 6 months vesting 24 months |
Total | 100% | 1,000,000,000 |
Solution to Token Inflation.
Token inflation is a common issue for many web3 projects. When the number of tokens rewarded to users for certain actions increases, it can lead to inflation. Pomerium addresses this problem by issuing and operating the ecosystem token PMG, which supports the ecosystem in addition to the utility token.
PMG can be viewed from two perspectives: acquisition and price increase.
Acquiring PMG is straightforward. Pomerium installs its game data verification system called Guardians on users' PCs and rewards them with PMG for validating Pomerium game data using their computing power. In order to ensure healthy and fair governance, Pomerium plans to allocate 35% of the total issuance of PMG for Guardians. In other words, the more you contribute to the Pomerium ecosystem, the more ecosystem tokens you can acquire.
Pomerium aims to establish a virtuous cycle structure that will confidently increase the price of PMG on the market and the number of Guardians through the following methods:
1~3% of the sales of Guardians will be used to buy and burn PMG tokens on the market.
1~3% of the commissions from Pomerium swaps as well as NFT sales will be used to purchase and burn PMG tokens.
Third-party Web2 games that participate in the Pomerium ecosystem must purchase PMG when using Pomerium’s services including swaps, minting, Guardians verification systems, etc.
Contracts for these three revenue streams are scheduled to be publicly disclosed, and Pomerium plans to publicly announce PMG burns every quarter.
