Penguin Finance

PEFI Distribution

Token Distribution
50% Liquidity Providers & Staking: To reward our fellow Penguins for staking their funds and adding liquidity into the Penguin Ecosystem, half of the supply will be distributed as incentives via the Penguin Igloos (yield farming pools) and the Penguin Nests (staking).
5% Marketing & Community Endowment: To ensure PeFi can get to as many people as possible, this allocation will be used for creating competitions such as our recent NFT Artwork Competition and other creative ideas that will drive community engagement, social media exposure, and help support content creators within the Penguin Finance Community. This allocation will allow us to grow the project, compensate designers and maintain community managers.
Additionally, this allocation will support Launchpad token acquisitions to provide as much value as possible to iPEFI holders. Once a Launchpad Distribution is concluded, 100% of tokens received will be returned to this endowment for future use in other Launchpads, marketing activities, community competitions, etc.
25% Airdrops: To expand the PeFi Vision and reach as many Penguins as we can around the globe, this allocation will be distributed in several small key strategic distributions within a time span of 3 years to guarantee that they don't affect $PEFI's value short-term.
10% Team Allocation: Given PeFi's mission is to continue pushing out excellent code and features for the coming decade, we will use this allocation to onboard new developers, designers, and marketers into the team and make sure everyone can be a full-time Penguin. The MasterChef distributes this rather than being minted beforehand, meaning there is no preallocation.
10% Penguin DAO Treasury: This allocation of the total supply will be held by the Penguin DAO, free to use the funds for whatever the Penguin Community sees fit in the future. They may be burned, distributed, or used for creative proposals that our community will be able to vote on in the future. The Penguin DAO funds have not yet been minted since the DAO is not live.