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ParagonsDAO Token (PDT)

Through ParagonsDAO Token (PDT), you can guide the direction and decisions of ParagonsDAO—which includes our Treasury, products and solutions, revenue streams, community, and much more!
PDT is an ERC-20 token on the Ethereum blockchain. Start here to learn about what that means and how to interact with Ethereum.

Why hold PDT?

Influence our direction

  • PDT allows you to participate in ParagonsDAO’s governance—it’s your ability to influence our products, games, and direction. The more you hold, the more you direct our future through your ability to elect our council representatives.

Stake PDT, receive game tokens

  • We give 30% of the game tokens we receive to those who stake PDT. You can currently receive PRIME rewards for participating in staking—with additional tokens to be included before long. The longer you stake, the greater the multiplier on your staking rewards—but you can unstake whenever you’d like.

Acquiring PDT

The easiest place to get PDT is on Uniswap (the decentralized echance (DEX) hosting our liquidity pool), however, we recommend trading through a purpose-built DEX aggregator like Cowswap to protect your trades from sandwich attacks (import the PDT token using this contract address 0x375abb85c329753b1ba849a601438ae77eec9893).
Learn how to stake in our Staking section.

Initial Token Distribution

The initial token distribution took place between January 17, 2022 (Copper Launch) and January 20, 2022 (PDT’s official launch on Uniswap).
Recipient
%
Amount
Description
Vesting
Early investors
49.1%
79,826,624
Tokens distributed to early investors at $0.34/token
N/A
Operational team
0.9%
1,505,159
Vested tokens distributed to early contributors
1 year, linear (Jan 20, 2022)
Founders
17.1%
27,787,500
Vested tokens distributed to the founders
2 years, linear (Jan 20, 2022)
Treasury reserves
2.6%
4,190,446
For future needs
N/A
Copper Launch
23.1%
37,500,000
Initial liquidity bootstrapping pool
N/A
Initial Bonding Event
5%
8,100,000
Limited time event, PDT offered at the equivalent value of $0.34/token in exchange for Parallel cards
N/A
Uniswap LP
2.2%
3,600,000
To supply our initial protocol-owned liquidity
N/A
Total
100%
162,500,000
To supply our initial protocol-owned liquidity
The token supply is not hard-capped, however, any potential new issuance would be need to be initiated through a governance proposal and executed through our multisig.