📚Tokenomics

PASSKASH TOKEN ALLOCATION

PassKash Token (PKT) is the native utility token of the PassCash platform. It is designed to facilitate transactions, incentivize participation, and empower community governance.

TOTAL SUPPLY : 10,000,000 ( TEN MILLION) PKT TOKENS)

: Initial supply is minted and distributed to the founder, team, marketing, and ecosystem development.

ALLOCATION	FEEs
Loyalty Reward	2% of transactions are distributed to loyal token holders.
Staking Reward	5% of the token supply is allocated as rewards for staking.
Marketing Fee	3% of each transaction is used to fund marketing efforts.
Team Operation Cost	5% is reserved for team and operational expenses.
Transaction Fee	1% fee is applied to each transaction within the ecosystem.
Governance Reward	1% is allocated to users participating in governance activities.
Staking & Reward
Staking Periods
Reward Rates	Users can stake their tokens for either 3 or 6 months.
Vesting
Vesting Period	A 1-year vesting period with a 10% token release per year for long-term holders.

Token Utility PCT serves multiple purposes within the PassCash ecosystem:

• Transaction Fees: Pay for transaction fees on the platform.

• Staking: Stake PKT to earn rewards and participate in governance.

• Governance: Vote on proposals and key decisions.

• Access to Premium Features: Unlock premium features and services.

• Incentives: Earn PKT as rewards for referrals and platform activities.

Incentives and Rewards

• Staking Rewards: PKT holders can stake their tokens to earn an annual percentage yield (APY) and bonus rewards based on their staked amount and duration.

• Liquidity Mining: Users can provide liquidity on decentralized exchanges to earn PKT rewards.

• User Engagement: Active community members earn PKT for contributing to the ecosystem, providing feedback, and completing specific actions.

Governance Mechanism

• Voting Rights: Each PKT token grants voting rights on proposals, changes to the platform, and other key decisions.

• Proposal Submission: PKT holders can submit governance proposals for community voting.

• Voting Process: Proposals are approved based on a majority vote, with a required threshold for implementation.

Burning and Minting Policies

• Burning Mechanism: A portion of PKT tokens used for transaction fees will be burned to reduce the overall supply.

Minting Policies: No new PKT tokens will be minted beyond the initial supply of 10,000,000 tokens.