Tokenomics

Tokenomics: Empowering Picklezone with $PZN, the Governance and Utility Token

The engine of Picklezone is the $PZN, the governance utility token listed on cryptocurrency exchanges and is tradeable. It is pre-mined with a total supply of 2,000,000,000 $PZN token units.

Being the only Governance token of Picklezone, multiple functionalities, and utilities have been assigned to it, making it an asset of value, attractive to all users of the ecosystem, and with a projection that in the long term can operate and be used outside the Picklezone Ecosystem.

$PZN TOKEN DISTRIBUTION

PARTICULAR	ALLOCATION	$PICKLE TOKENS
Community	35%	700,000,000
Treasury/Marketing	10%	191,727,273
Public Sale/Liquidity Pool	35%	708,272,727
Team & Advisors	20%	400,000,000
TOTAL	100%	2,000,000,000

$PZN Token Burn

The $PZN team had implemented deflationary measures for $PZN tokens to create a sustainable ecosystem. A portion of the transaction fees from every trade made on the crypto exchanges would be used to buy back $PZN tokens, reducing the overall supply over time.

Additionally, the burning of $PZN tokens through transaction fees and buybacks added to the deflationary effect.

The proposed structure for burning $PZN Tokens includes the following guidelines, which will be further refined during the precise implementation phase:

• The burning mechanism aims to decentralize gradually, aligning with the model, pace, and timeline of the DAO and its Governance System.

• A hybrid burning system will be utilized, incorporating both on-chain and off-chain methods (manual and automated).

• A dedicated burning wallet will be established to securely store all burned tokens. These tokens will not be eligible for reuse or reintroduction into circulation.

• A "buyback and burn" mechanism will be implemented, wherein $PZN Tokens are repurchased from the market and subsequently sent to the burn wallet

• The majority of burned tokens will come from transactions occurring during the normal operations of $PZN Tokens.

• Various parameters will be defined to determine the types of burning:

• Periodic burning (based on a specific time interval)

• Usage-based burning (percentage of transactions and their types)

• Price-based burning (triggered by a certain threshold or percentage deviation)

• Burning of inactive tokens (tokens that have been dormant for a specified period and meet certain conditions).

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Vesting Plan for $PZN Token

The vesting schedule for $PZN tokens is designed to ensure long-term commitment from the team, advisors, strategic investors, and the broader community, while maintaining a fair and transparent distribution of tokens within the PickleZone ecosystem. Below is the updated vesting plan, which includes no lock up for public sale tokens, along with mechanisms to promote long-term value growth and stability.

1. Pre-Seed and Private Presale Tokens

• Lock-up Period: 90 Days

• Unlock Schedule:

  • 10% release upon Token Generation Event. Following the 90-day cliff, the Pre-Seed and Private Presale Tokens will be released on a daily linear schedule over 12 months. This means that after the cliff period, tokens will gradually become available for use and trading over a period of time, ensuring a controlled release.

• This structure is designed to offer early access while also encouraging long-term commitment from presale participants. The 90-day cliff ensures that tokens are not immediately accessible, preventing sudden market flooding and supporting price stability. By implementing a daily linear release, we promote sustained engagement, fostering a healthier, more stable token economy for the PickleZone ecosystem in the early stages.

1. Public Sale Tokens

• Unlock Schedule:

  • At the Token Generation Event (TGE), 100% of the tokens purchased during the public sale will be unlocked and made available for use and trading.

• This structure provides early access to participants, promoting engagement with the PickleZone ecosystem right from the start. By unlocking the tokens at the TGE, we aim to foster market liquidity and long-term value, ensuring participants are motivated to actively contribute to the growth of the ecosystem.

3. Community (Play to Connect)

• Lock-up Period: None

• Unlock Schedule:

  • Community tokens allocated for the "Play to Connect" initiative will be unlocked immediately upon issuance. These tokens will be distributed to users through platform participation, rewarding active members of the PickleZone ecosystem from day one.

• This no-lockup structure is designed to encourage user engagement, incentivize early adopters, and drive widespread adoption of the PickleZone platform.

4. Team & Advisors

• Lock-up Period: 365 Days

• Unlock Schedule:

  • Following the 365-day cliff, the Team Tokens will be released over 18 months.

• This structure aligns the interests of the team and advisors with the long-term success of PickleZone, incentivizing sustained participation and contribution to the project over time.

5. Burn Mechanism

A portion of tokens may be burned periodically to reduce supply and support the long-term value of PZN. The burn mechanism will be reviewed periodically and adjusted as needed to promote price stability, prevent inflation, and further solidify the PickleZone tokenomics model.

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This vesting and token management plan ensures a balance between incentivizing early contributors and maintaining a healthy, sustainable ecosystem that rewards both long-term participants and active community members.