Get PNLg on daily basis for holding PNL token
We’ve analysed today’s practices of IDOs and Launchpads and found pain points, which negatively affect all participants and projects:
- Complicated conditions for obtaining allocations. Investors are disappointed if they don’t get their allocation while doing lots of tasks and investing money into launchpad tokens.
- Sniper bots. Without a competent protection mechanism, tokens are instantly sold out by bots, so the real investors are forced to buy tokens at inflated prices. Only people behind the bots benefit from this, but they quickly withdraw the funds from the market as they are not interested in further supporting the project.
- Centralisation of token distribution. Public sales hosted on centralised platforms, such as an IEOs, lack transparency, since the organisers run the allocation process and participant lists are not verified on the blockchain.
- Whales are allowed to obtain the biggest part of the pie in the Public sale. This way the whales take the allocation of ordinary investors, which leads to large volumes being accumulated in the hands of the few who then manipulate the market price.
To solve these issues and maximise possible profit for our users, we have created The TruePNL Pools.
Pools are blockchain smart contracts that guarantee investors a transparent and secure process for token allocation. An allocation is an opportunity to buy project tokens at a fixed price in a certain amount. Allocation is usually tied to a specific address of the blockchain network — Ethereum/Binance Smart Chain/Polkadot/etc. The conditions for obtaining the tokens, the price, and other technical aspects differ from project to project, but there are three general types of pools on TruePNL platform:
- PNLg Pool;
- Whale pool;
- Stake-adjusted lottery pool.
For each type of pool we’ve built simple and fair token distribution mechanisms, working for both Public and Private sales.
PNLg pool
PNLg pool lets an investor get a guaranteed allocation which depends on his contribution to the TruePNL ecosystem, that means the more and longer you hold PNL, the bigger allocation you get.
The pool is built on the basis of the off-chain PNLg point, showing the value of every user’s contributions. At the moment, one can participate in PNLg pools if:
- holds a PNL token or
- invites users (referrals)
- provides PNL liquidity on Uniswap.
For each PNL a user holds in the wallet, he receives 1 PNLg token per day.
For each PNL staked in the liquidity pool for PNL/USDC Uniswap V2 trading pair, the user receives 2.5 PNLg tokens per day.
Each referral brings the referrer 20% of all the PNLg points the referral earned.
Any amount of the accumulated PNLg tokens can be spent for getting guaranteed allocation in any PNLg pool.
The minimum pool commitment is 3000 PNLg points.
All users who have spent PNLg points in the pool for getting guaranteed allocation are ranked by the number of PNLg points. As many participants as has been agreed with the project receive allocation in the project.
If the user’s share is more than 0,25% of the sum of all PNLg points spent for getting guaranteed allocation in the pool, the user receives guaranteed allocation equal to his share, but not more than 1%. The remaining allocation will be distributed among the rest of PNLg’s tokens contributors. This rule is introduced in order to maintain interest from both large and small market players. The participants who have not received an allocation, will receive all their PNLg tokens back to their accounts.
Here is the exact formula:
N participants can take part in the distribution process. Each of the users contributes (An) PNLg points to the pool with the sum of all the tokens in the pool indicated as (P). The share (Sn) for each user calculated by the formula is Sn = An / P.
All shares of Sn>4% are taken as 4%. The remaining shares are indicated as Dn, where Dn = Sn–4%. These shares are summed up and the sum is indicated as R. This remainder (R) is distributed among all the participants whose share (Sn) is less than 4%.
Whale pool
Whale pool was built for large investors and funds. If an investor wants to obtain an allocation, he should sign up on the platform with his wallet holding a significant amount of ETH or BNB tokens.
After submitting an application for taking part in the Whitelist, the PNL platform takes a snapshot of applicants’ wallet balance, then ranks the applications by the number of ETH or BNB holdings.
The top 200 wallets receive a guaranteed allocation.
Stake-adjusted lottery pool description
This pool was built for those who have not yet joined the PNL ecosystem or do not own a huge amount of funds in their crypto wallets. Any user holding 0.1 ETH / 1 BNB or more can join this type of pool.
For every 0.1 ETH / 1 BNB PNL platform grants a lottery ticket. At the end of the Whitelist process the platform randomly chooses the winning tickets and distributes 0.1% allocation for every winner.
Every user can win no more than 10 tickets and receive no more than 1% of the allocation.
Don’t miss the chance! Register here!
