Phanes Network Token (PNT)

Phanes ecosystem will be governed by Phanes Network Token (PNT) token. This is a non inflationary and non deflationary token with a capped supply. Governance, Incentivising the community is an important aspect of building an ecosystem. With our governance token vePNT, all active liquidity providers in our ecosystem will be incentivised for their active role in ensuring the positive growth of liquidity in our ecosystem. With the token being limited in supply compared to other protocols, there will be scarcity which will in turn increase demand for the token as opposed to an inflationary or tokens with huge supply hence resulting in a sustained increase in value overtime.

Supply Details

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Name	Ticker	Decimal	Initial Supply	Total Supply	Initial Chain
Phanes Network	PNT	18	10M	10M	ETH

An initial tax of 4% on buy and sell, totaling 8%, is going to be implemented, however will be removed once our staking program commence. The contract won't be renounced until then.

Allocation Details

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Title	Allocation	Current State
Staking Incentive	3.5M	Locked
Liquidity	1M	Unlocked
Treasury	1M	Locked
Team	1M	Locked
Fund Raising	3.5M	Locked

Price & Vesting Details

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Sale	Realease Schedule	Price
Seed	20% on TGE, 1 month cliff, 10% monthly release.	$0.015
Team & Treasury	3 months cliff, 10% monthly release
Staking Incentives, Community	locked, until staking program commence.	--
TGE		$0.015