Pepe’s Game Presale
April 4 update – presale postponed to April 6.
Token presale for a spin game on Arbitrum.
DETAILS
- Presale Details
- Presale will be held on Pepe’s Game website
- Presale will take place over 10 rounds
- Presale allocation: 4,000,000 $PEG; 400,000 per round
- Once a round is sold out, the next round begins
- The price increases with each round
- Tokens allocated for the presale is split between USDC and $PLS (PlutusDAO) in a 3:1 ratio
- Participants can choose to contribute with USDC or PLS; USDC contributors will share the USDC allocation, $PLS contributors will share $PLS allocation
- Hard cap: $3,800,000
- Vesting: 100% at launch
- Top 100 contributors will receive a share of the airdrop allocation
- Private sale: $210,000 was raised in a private sale (max allocation: $1,000 – $4,000)
- Price: $0.3 per $PEG
- Vesting: linearly over 3 months
- Mechanics & Features
- Spin game where users deposit USDC to bet and spin for a chance to win
- Features 3 spinners, each with a different parameter: asset (BTC or ETH), direction (Higher or Lower), and duration (15s, 30s, 45s, or 60s)
- A random combination of these parameters is generated to determine the trade entry for the player
- Winners receive 172% payout (bet size + winnings); losers receive nothing
- 10% fee on each spin
- $PEG is the governance token
- $PEG can be staked or locked to receive benefits, such as; $bPLS bribes, governance power, and revenue share from Pepe Nation
- Staked $PEG ($sPEG) receive 10% of all platform fees, distributed in USDC weekly
- Locked $PEG for 6 months, receive Locked $PEG ($lPEG) and 30% of all platform fees, distributed in USDC weekly
- 60% of fees generated is allocated to the purchase of $PLS, the utility token of PlutusDAO protocol, which is locked for $bPLS
- $bPLS acquires governance power across the Arbitrum ecosystem and earn bribes in exchange for voting power
- Tokenomics
- Token symbol: PEG
- Total supply: 20,000,000
- 3.5% — Private sale (3 months linear vesting)
- 20% — Public sale (100% TGE)
- 23% — Liquidity & Mining (5% for initial liquidity, 3% reserved, then remaining 15% vested linearly over 15 months)
- 18% — Team (24 months linear vesting)
- 12% — Treasury (24 months linear vesting)
- 10.5% — Airdrops (3.8% to plsAsset holders + Alpha & Beta testers, 6.7% vested linearly over 12 months)
- 8% — Strategic Partnerships (12 months linear vesting)
- 5% — Incubator (24 months linear vesting)