This is an old revision of the document!
The Puzzle token serves as a utility token that forms the foundation of the entire economy of Puzzle Network and it features an innovative deflationary model with a parent pool, this means that tokens can only appear in the economy through purchase in the parent pool WAVES/PUZZLE.
The tokenomic of Puzzle are built on three key pillars:
- a lack of emission sources and constant deflationary pressure
- clear use cases and the option of consistent staking income
- favorable pricing formula based on the parent pool with a halving feature.
PUZZLE staking
Owners of the Puzzle token will have the option to stake it. The main benefit of staking is receiving a portion of the transaction commissions from all pools on the platform, including custom ones.
At present, the commission split is 40/60 between the protocol and liquidity providers. The 40% allocated to the protocol will be used for buybacks of PUZZLE tokens, which will be distributed partially to PUZZLE holders and partially returned to traders as cashback.
By staking PUZZLE tokens, users can earn new tokens as passive income. However, these new tokens are not created out of thin air, as is common in many DeFi projects. Instead, they are purchased from the market using a protocol fee.
Token Distribution
400000 have been injected into the economy through the parent pool
25000 belongs team share (vesting ended)
20000 reserved for community incentives
40000 reserved for future projects
Read article about $PUZZLE tokenomics.