PEX Whitepaper

Papa Token Allocation and Tokenomics

Tokenomics Overview
Name: Papa Token
Ticker: PAPA
Network and token type: BSC BEP20
Supply: 1,000,000,000
Decimal: 18
Contract address: BSC 0x18f1f69fe1d80c8ff9472bc5387ff7b40e34c860
Allocation Type and Token Percentage at Launch
Team 8%
Liquidity Pool 40%
Burn Wallet 50%
Creator Wallet 2%
Papa's deflationary system
Papa Token has a periodic burning schedule. We will burn 50% of $PAPA tokens over a period up to Fathers Day 2023 to reduce the supplies of $PAPA and keep our token economics deflationary.
Details on other Papa token allocation
Team - These tokens are allocated to founding and non-founding members of PapaExchange.
Liquidity Pool - These tokens are reserved for the liquidity pools of decentralized exchanges in which PAPA will list such as PancakeSwap.
Creator Wallet - Theses tokens are for general start up use including marketing and promotions.

These simple functions occur during each Papa Token trade:

Reflection 5% is reflected to all holders for passive income
LP Acquisition 2.5% is added to a liquidity pool
Marketing 1.25% / Charity 1.25%
= 10% Total Fee