PrivacySwap Tokens (PRVG + PRV2)
Check out the details below to understand more about PrivacySwap tokens.
PrivacySwap tokens used to bear the $PRV ticker on the Binance Smart Chain (BSC). But PrivacySwap V2 sees PRV migrating to a dual token structure - PRVG and PRV2. Both have a fixed circulation to prevent hyperinflation from being produced by an ever-increasing supply. On a similar note, PRVG and PRV2 coins will continue to benefit from deflationary methods, which will be discussed further below.
PRVG represents your ownership of PrivacySwap. With PRVG, holders can earn PRV2 as well as a BUSD component which is accumulated by deposit fees and other fees like PRV2 transfer taxes earned from the entire PrivacySwap ecosystem.
Blockchain: Binance Smart Chain
Smart Contract Address: 0x774AD968F8f3801739BCBc970F833C664d28511d
Decimals: 18
Max Cap: 33,000,000 PRVG*
PRVG Initial Circulation: 14,850,000 PRVG
PRVG Distribution per Block: 0.41 PRVG
Dev Team Allocation per Block: 5% to Treasury, 5% to Marketing and Development.
Sales Tax: None.
Liquidity Lock: 3 months
PRV2 will serve as the new farming token. This new token will be the new reward for staking in farms and pools. It is inflationary.
Blockchain: Binance Smart Chain
Smart Contract Address: 0xeE10936E1F6B49945B17EFeB106cc6992fe5ae47
Decimals: 18
Max Cap: 330,000,000 PRV2*
PRV2 Initial Circulation: 132,000,000 PRV2
PRV2 Distribution per Block: 8 PRV2
Dev Team Allocation per Block: 5% to Treasury, 5% to Marketing and Development.
Sales Tax: 8%. (5% to BUSD distribution, 1.5% to Treasury, 1.5% to Marketing and Development.)
Liquidity Lock: 3 months
PRVG sees no deflationary measures.
PRV2 has a sales tax of 8% which is levied to users who sell their PRV2 via the automated market maker. 5% of that is liquidated and distributed to PRVG stakers via a BUSD distribution pool. Then 1.5% of that is distributed 1.5% to Treasury, 1.5% to Marketing and Development.
Last modified 1yr ago