# Overview

## PEACE Tokenomics

We set $PEACE as a native token and means of production of the Port. Users will use $PEACE to participate in the minting of $PUST, and since then purchase the most valuable equipment in the Port ecosystem and NFTs with various attributes. With the subsequent updates of Port, $PEACE holders will also enjoy other ecological gain; also $PEACE will be used for liquidity mining to obtain more benefits through staking.

$PEACE is also the governance token, and holders will have voting rights in the evolution of the ecosystem and participate in the construction of Port.

$PEACE tokens are designed in multiple scenarios, such as games, lock-up, buyback & burning, and mining.

**1. The minting and redemption of $PUST will consume $PEACE tokens**

$PEACE holders can use USDT and $PEACE to mint $PUST in the Janus Gate scene, so as to purchase NFT cards and participate in the Port games.

{% content-ref url="../welcome-to-the-port/janus-gate/mint-and-redeem" %}
[mint-and-redeem](../welcome-to-the-port/janus-gate/mint-and-redeem)
{% endcontent-ref %}

**2. 60% of Port's income is used to buyback $PEACE tokens**

Port revenue refers to the $PUST paid by players in the Port, of which 60% will be used for the repurchase $PEACE tokens, so as to reward users staking in the Pantheon, bringing long-term value to $PEACE tokens.

{% content-ref url="../welcome-to-the-port/the-pantheon" %}
[the-pantheon](../welcome-to-the-port/the-pantheon)
{% endcontent-ref %}

**3. Lock-up PEACE-LP and vePEACE to improve mining efficiency!**

Liquidity providers of $PEACE tokens and $PUST tokens will be rewarded with $PEACE.

The $PEACE token reward is affected by the protocol mortgage rate and LP lock-up time. Liquidity providers who participate in LP lock-up will receive bonus weights. The longer the lock-up time, the more rewards. The maximum reward will be 3 times the non-lock-up reward.

vePEACE is a certificate obtained after $PEACE is locked, and vePEACE holders can participate in $PUST mining and Port governance. You can choose the lockup period from 30 days to 365 days, and get up to 3 times the reward bonus.

{% content-ref url="usdpeace-farming" %}
[usdpeace-farming](usdpeace-farming)
{% endcontent-ref %}

**4. 40% of Port's income is used to motivate users who participate in $PEACE lock-up(vePEACE holders)**.

That is to say, 40% of Port's income will be use to reward vePEACE holders (in PUST).

{% content-ref url="vepeace-intro" %}
[vepeace-intro](vepeace-intro)
{% endcontent-ref %}

## Basic Information

| Token Symbol     | PEACE             |
| ---------------- | ----------------- |
| Token Name       | Peace Token       |
| Network          | BNB Chain         |
| Token Standard   | BEP20             |
| Decimal          | 18                |
| Total Supply     | 200,000,000 PEACE |
| Contract Address | To be updated     |

{% hint style="info" %}
HardCap: The $PEACE token has a hard cap of 200,000,000 tokens.
{% endhint %}

## Distribution Plan

**Community: 58%**

* 29% - Liquidity mining: 58 million:

Will be distributed through various yield farming and liquidity staking incentives over the next few years.

In the first year, the base amount released is 18 million, and the maximum amount is 27 million.

First year output max setting: As PUST becomes more algorithmic, the PEACE release rate for all pools will increase. The PEACE boost constant is set to a maximum multiplier of 2x, which means that if PUST were fully algorithmic with 0% PEACE, the PEACE release rate would be increased by a factor of 2, 36 million. If PUST is always 50% guaranteed, the release will increase by 1.5 times, and the release will reach 27 million PEACE per year.

{% content-ref url="usdpeace-farming" %}
[usdpeace-farming](usdpeace-farming)
{% endcontent-ref %}

* 14% - Port Mining (NFT staking )28 million, released within 36 months.
* 10% - Contributors to platform construction: 20 million, released within 36 months.
* 5% - Strategic partners: 10 million, released within 12 months.

**NFT Ecological Fund: 8%**

16 million, used for third-party IP, cooperation between artists and game developers, etc, released within 12 months

**Investment institutions: 14%**

28 million, 2% unlocked at launch, and 12% will be unlocked linearly within 12 months.

**Team 20%**

40 million, Team/Founder/Early project supporters, will be unlocked linearly within 24 months.

## **Application Scenarios**

| No. | Application Scenarios |                          State                         |
| :-: | :-------------------: | :----------------------------------------------------: |
|  1  |       Mint PUST       | Support holders to mint PUST with USDT, USDC and PEACE |
|  2  |        Buyback        |             Encourage holders to arbitrage             |
|  3  |    vePEACE reward     |        40% PUST will be rewarded to vePEACE pool       |
|  4  |          DAO          |  Obtain vePEACE to participate in protocol governance  |
|  5  |       LP Farming      |  Provide liquidity for PEACE or PUST and get rewards.  |
