🤝Benefits

Pepe's Game as a gamified options trading experience is the flagship product of a bigger vision, featuring a range of forthcoming projects developed by the team, all powered by the $PEG token and designed to benefit DeFi investors. These will include vaults, insurance protocols, and additional games, among others.

Projects will be built, rolled out and dynamically managed to the team's standards and in line with the rapidly-evolving crypto landscape. Revenue generated across all blockchain ecosystems will be shared with $PEG token stakers and lockers.

Below is a non-exhaustive list of benefits enjoyed by PEG holders, which will be expanded as the protocol strategically captures emerging DeFi narratives.

$bPLS Bribes

At the moment, each transaction in Pepe's Game carries a 10% fee, of which 60% is allocated to the purchase of $PLS, the utility token of PlutusDAO protocol.

The acquired $PLS tokens will are max-locked for $bPLS.

By holding $bPLS, users accumulate governance power across the Arbitrum ecosystem and gain access to lucrative bribes offered in exchange for their voting power.

Going forward, any such bribes generated through Pepe’s Game $bPLS holdings will be distributed among $PEG stakers and lockers.

Voting Power

$PEG stakers and lockers will have the ability to vote on governance proposals, such as new game modes, changes to the fee structure, and other important decisions.

Revenue Share

By staking $PEG, users receive Staked $PEG ($sPEG) and receive 10% of all platform fee earnings, which are distributed among stakers in the form of USDC in weekly epochs based on their share of the staking pool.

Alternatively, by locking $PEG for 6 months at a time, users receive Locked $PEG ($lPEG) and receive 30% of all platform fee earnings, which are distributed among lockers in the form of USDC in weekly epochs based on their share of the pool.

$PEG token holders who stake and lock are also entitled to revenue share from all future products powered by Pepe Nation.

Fee Breakdown Example

Assuming $1,000 USDC in fees is generated by the protocol, the fees will be distributed in the following manner:

  • $600 to accumulate $PLS tokens

  • $100 to $sPEG holders

  • $300 to $lPEG holders

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