β¨Tokenomics
Poope Liquidity Token ($PLP)
The Poope Liquidity Token ($PLP) hosts a basket of ETH, stables & meme coins available with up to 5x leverage on Poope's perpetual exchange. The composition of the $PLP index tokens is as follows:
$ETH weight: 15%
$USDT weight: 15%
$USDC weight: 15%
$DOGE weight: 17.5%
$PEPE weight: 17.5%
$LADYS weight: 6.67%
$WOJAK weight: 6.67%
$BOB weight: 6.67%
$PLP holders, who act as liquidity providers, will receive a majority of the trading fees on Poope's perpetual exchange. Specifically, 70% of the trading fees will be distributed to $PLP holders, with the fees paid in ETH.
Please note that the tradeable assets on Poope's platform are $DOGE, $PEPE, $BOB, $WOJAK, and $LADYS.
Poope Token ($POOPE)
The $POOPE token, serving as the governance token of the platform, has a maximum supply of 420,420,420,420. Stakers of the $POOPE token receive 30% of the platform fees. The distribution of the $POOPE token supply is as follows:
Max Supply: 420,420,420,420
Team: 5% - 21,021,021,021
Liquidity: 80% - 336,336,336,336
Marketing: 5% - 21,021,021,021
CEX Listings: 5% - 21,021,021,021
Future Development: 5% - 21,021,021,021
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