📰$PRY - xPRY - Tokenomics
Introduction to $PRY
$PRY is the native token of Perpy, with a hard-capped supply of 1 billion units. Designed with deflationary properties, $PRY plays a central role in the Perpy ecosystem. Alongside $PRY, there's a correlative Escrowed token named xPRY, crafted to serve as a Real Yield token with multiple key functions within Perpy.
In order to benefit from all the features and underlying benefits describe below, users must convert their $PRY to xPRY. Please refer to the xPRY dedicated section to start your journey.
Features of PRY
Real Yield:
Dividends Plugin: PRY holders who allocate their stake to the liquid Dividends Plugin receive 100% from Performance and Exit fees.
Vault Advertising :
Managers will be able burn PRY to get higher visibility on the protocol’s Home Page.
Features of xPRY
Boosted Real Yield X3 :
Dividends Plugin: xPRY holders who allocate their stake to the Dividends Plugin receive 100% from Performance and Exit fees with a boost of X3 compared to the PRY staker in the liquid module.
Fee Rebate :
Fee Reduction for Traders and Investors: xPRY holders enjoy fee reductions and rebates on TradingVaults, ranging from 3% to 50%.
Balanced Incentives: This scaling reduction maintains a substantial real yield for xPRY holders while allowing significant fee reduction. It creates an optimal equilibrium that incentivizes both users and stakers.
Conclusion
The dual-token structure of $PRY and xPRY forms the backbone of Perpy's decentralized ecosystem. From real yield and fee rebates to advertisement, these tokens empower users to engage with the platform in various ways. By aligning incentives and fostering community involvement, Perpy's tokenomics ensures a dynamic and rewarding experience for all participants.
Fee Rebate details :
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