P
P
PrivacySwap 2.0
Search…
PrivacySwap Tokens (PRVG + PRV2)
Check out the details below to understand more about PrivacySwap tokens.

PRVG and PRV2

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 Background:

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: To Be Announced
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 Background:

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: To Be Announced
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

Deflationary Measures

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 10d ago