Information about the Planktoons protocol:
<aside> ℹ️ This page is publicly accessible: https://bvalosek.notion.site/Planktoons-Documentation-55b05a5d74d543c4836b38a22d575120
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Initial supply: 500,000 ****SPANK
| Item | Supply | Notes |
|---|---|---|
| Airdrop Reserves | 25,000 SPANK | Total SPANK locked for claiming via the Airdrop system. Airdrop rewards are determined by POAP holdings and updated multiple times per season by the team. |
| Team Multisig | 75,000 SPANK | Total SPANK sent to the team’s multisig for future use. Airdrop and staking reserves can be refilled if reserves get low, and tokens can be swapped with other projects for partnerships. |
| Staking Rewards | 400,000 SPANK | Total SPANK locked for token rewards from the staking system. Staked Planktoons NFTs earn 1 SPANK per day per staked NFT and can be claimed at any time. |
Owner of the SPANK contract retains minting ability. This can be renounced to permanently remove the ability to mint new tokens and lock the current supply indefinitely.
<aside> ℹ️ Tokenomics are subject to change until they are publicly announced.
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All smart contracts in the Planktoons protocol are ownable; the owner of the contract is an address that is allowed to perform permissioned actions.