Tokens

$PINGU (Pengu Finance Governance Token)

Contract: 0xdeBBe9C1Bccb93D93dbeFC6467CF29747313847B

Initial supply of 27,000 Pingu is allocated fully to the Genesis pool rewards.

Note that while Pingu attempts to actively peg via the algorithm, this does not mean it will be valued at 1 BUSD all times as it is not collateralized. We advocate that you should not consider Pingu a crypto or fiat-backed stablecoin.

The Pingu token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain Pingu peg to 1 BUSD in the long run.

$PSHARE (Pingu Finance Share Token)

Contract: 0x7B8e60c4Ea54a34531E4A1506Bf1B6cB5325A232

Pshare tokens are one of the ways to measure the value of the Pingu Finance Protocol in terms of discounted cash flows of future Pingu as well as investor's trust in the ability of Pingu Finance to consistently maintain Pingu close to peg. During epoch expansions the protocol mints Pingu and distributes it proportionally to all Pshare stakers who have staked their tokens in the (boardroom).

Pshare has a maximum supply of 50000 vested in 166 days.