Cryptocurrencies

Text

How much Propy (PRO) is minted

The total supply of PRO tokens is 1 billion, with 20% allocated to the seed sale, 40% to the private sale, 20% to the public sale, 10% to the team and advisors, and 10% to ecosystem development.

Dec 15, 2024 at 11:10 pm

How Much Propy (PRO) Is Minted?

Propy (PRO) is a blockchain-based real estate platform that allows users to buy, sell, and rent properties using cryptocurrency. The PRO token is the native currency of the Propy platform and is used to pay for transaction fees, stake for rewards, and participate in governance.

Total Supply of PRO:

The total supply of PRO is 1,000,000,000 tokens.

Distribution of PRO Tokens:

Seed Sale: 20% (200,000,000 PRO)
Private Sale: 40% (400,000,000 PRO)
Public Sale: 20% (200,000,000 PRO)
Team and Advisors: 10% (100,000,000 PRO)
Ecosystem Development: 10% (100,000,000 PRO)

Release Schedule of PRO Tokens:

Seed Sale: 50% released at TGE, 25% released every 6 months for 1 year
Private Sale: 25% released at TGE, 25% released every 6 months for 1 year
Public Sale: 100% released at TGE
Team and Advisors: 20% released at TGE, 20% released every 6 months for 2 years
Ecosystem Development: 20% released at TGE, 20% released every 6 months for 2 years

Use Cases of PRO Tokens:

Transaction Fees: PRO tokens are used to pay for transaction fees on the Propy platform.
Staking Rewards: PRO token holders can stake their tokens to earn rewards.
Governance: PRO token holders can participate in governance by voting on proposals that affect the Propy platform.

Factors Affecting the Supply of PRO:

Demand for PRO tokens: The demand for PRO tokens is driven by the adoption of the Propy platform and the use cases of the PRO token.
Release Schedule: The release schedule of PRO tokens determines the rate at which new tokens enter the market.
Burning of PRO tokens: Propy may burn PRO tokens in the future to reduce the supply and increase the value of the remaining tokens.

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