Unity Token (PGU)
Polyient Games Unity Token (PGU) is an ERC-20 token that is primarily emitted from Polyient Games Founder’s Keys (PGFKs) and is the main utility token for the Polyient Games Ecosystem.
PGU is the primary base token for the Polyient DEX and the main payment currency for all Polyient Games applications.
PGU functions as a liquid vehicle to bridge NFT economies while fueling transactions between participants in the Polyient Games Ecosystem.
Supply and Distribution
Phase
Supply
Distribution
Phase 1
2,000,000
Periodically issued and claimable
Phase 2
500,000 per year
Released via staking
Total
Uncapped
The inflation schedule will be constant, with 2,000,000 PGU released during Phase 1 with 80% claimable by PGFK holders and 20% claimable by Polyient DEX liquidity providers. Following Phase 1, 500,000 PGU will be released annually and distributed with each Ethereum block mined (Phase 2)*.
In order for the full PGU to enter circulation, it will require all eligible holders to actively claim their rewards. Given the previous trends with similar systems, it’s a good possibility that the total circulating PGU following Phase 1 will be less than 2,000,000 due to missed claims as the amount will be locked up in the PG DAO Treasury.
For Phase 2, we will scale back the rewards to Polyient DEX liquidity providers to a maximum of 5%. This percentage will be controlled by the fully decentralized Polyient Games DAO via holders of the Polyient Games Governance Token (PGT) and PGLP tokens for PGT liquidity pools on the Polyient DEX. The reward percentage for liquidity providers will range from 0% to 5%.
*This staking distribution method is subject to change.
Staged Approach
Stage
Description
0
Launch PGFK & PGLP-PGU rewards and trading on the Polyient DEX
1
Open Polyient NFT DEX one-way for PGU reward redemption
2
Open Polyient NFT DEX two-ways to include NFT liquidity swap for PG-related NFTs
3
Expand NFT liquidity swap to non-PG related NFTs
With the launch of Step 1, we will introduce reward markets that enable users to swap their PGU for a pre-selected menu of fungible and non-fungible rewards. These rewards will include a combination of PG and partner tokens, and will feature a variety of artworks, game items, and finance related NFTs.
Farming PGU
PGU can be farmed by either holding PGFKs directly in the Polyient Games Dashboard or by providing liquidity to the Polyient DEX.
Supported Polyient DEX trading pairs for farming:
Trading Pair
Contract Address
ETH-PGT
UNI-PGT
USDC-ETH
PGU-ETH
PGU-PGT
MATIC-PGU
GEM-PGU
SLP-PGU
GHST-PGU
xPGFK-PGU
GALA-PGU
SAND-PGU
MEGA-PGU
400,000/2,000,000 Phase 1 PGU Emitted
Snapshot Date
Release Date
Description
Amount PGU Emitted
Distribution Ratio (PGFK:PGLP)
12/8/2020
12/11/2020
PGLP Retroactive
4,000
0:100
12/8/2020
12/11/2020
Main Distribution 1
96,000
80:20
12/28/20
12/29/20
Main Distribution 2
33,333.33
80:20
2/2/21 (PGFK)
2/5/21 (PGLP)
2/13/21
Main Distribution 3
66,666.66
80:20
3/10/21
3/11/21
Main Distribution 4
100,000
80:20
4/8/21
4/14/21
Main Distribution 5
100,000
80:20
Note: distributions are made to qualifying accounts and credited PGU must be claimed within specific time periods. All information on time periods will be announced across official Polyient Games social accounts.
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