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  • TOKENOMY SAFEGUARD
  • PROGEN ($PGN) Token Allocation Locking
  • Market Liquidity Pool Locking
  • GNOSIS Multi-Signature Wallet
  1. Research & Security

πŸ“œ Token Safeguard

PreviousπŸ“œ Research & DevelopmentNextπŸ“œ PinkSale KYC

Last updated 2 years ago

TOKENOMY SAFEGUARD

PROGEN ($PGN) Token Allocation Locking

To safeguard the $PGN Token against future malicious actions, Crypto X-Seed’s team will be locking most of its allocation except for the Marketing, Airdrop, Ecosystem, and Player Rewards allocations. Locking the allocation means no one from the team would be able to access the locked tokens until the date that they will be unlocked.

Allocation
Amount
%
Locking Info

Market Liquidity Pool

120,000

12%

  • 1 Year / 12 Months

Team

60,000

6%

  • 10% / Month

Partners

30,000

3%

  • 10% / Month

Marketing

100,000

10%

  • 10% / Month

Seed Sale

55,000

5.5%

View Lock Details
  • 10% unlocks 10 days after market listing

  • 10% unlocks 20 days after market listing

  • 20% / Month starting from 20 days after market listing

Presale

70,000

7%

View Lock Details
  • 10% unlocks 10 days after market listing

  • 10% unlocks 20 days after market listing

  • 20% / Month starting from 20 days after market listing

Rewards Pool

550,000

55%

View Unlock Details
  • Unlocked but requires Multiple Signature from Founders

  • Will be used to pay player rewards

Ecosystem

30,000

3%

View Unlock Details
  • Unlocked but requires Multiple Signature from Founders

  • Was used to offset price differential among Seedsale, Presale, and Market Listing rates

  • Will be used for other miscellaneous things such as fees and other stuff to maintain the viability of the ecosystem

Airdrop

10,000

1%

View Unlock Details
  • Unlocked but requires Multiple Signature from Founders

  • Will be given away through various promotional events

Market Liquidity Pool Locking

To safeguard the $PGN Token against future malicious actions, Crypto X-Seed’s team will be locking 100% of the Market LP Tokens. Locking the Market LP Tokens means no one from the team would be able to remove the market liquidity (sweep the rug) until the date that they will be unlocked.

Below are the market LP locking details.

GNOSIS Multi-Signature Wallet

To safeguard the $PGN Token against future malicious actions, Crypto X-Seed’s team will be utilizing a multi-signature wallet (Gnosis) to store the unlocked token allocations such as the Team, Marketing, Airdrop, Ecosystem, Partners and Rewards Pool allocations.

Storing these token allocations in a multi-signature wallet means no single individual from the team would be able to access, move, send or transfer the tokens unless the transaction is approved by all the founders through confirming and signing on the transaction itself.

Gnosis Wallet for all Unlocked Allocations:

PinkSale’s PinkLock
Blockchain Transaction Hash
Crypto X-Seed Rewards Pool
Crypto X-Seed Partners
Crypto X-Seed Ecosystem
Crypto X-Seed Airdrop
PROGEN ($PGN) Token Allocation Locking
Market Liquidity Pool Locking
Joint Signatory Wallet (Gnosis MultiSignature Wallet)
Crypto X-Seed Marketing
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