PINT meaning in Cryptocurrency ?

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Answer:

The first iteration of PINT was a farming coin named PUB fair-launched in September 2020. Foregoing an ICO or developer premine, PUB was initially distributed through a high-emission farming schedule that rewarded liquidity providers. A small unstaking tax on the upward of $5,000,000 in farming TVL accumulated in a community-governed war chest (CGW), which funds the development of innovative and engaging products for the Pub.Finance ecosystem. Following the distribution stage, PUB underwent a token upgrade to drastically cut emissions and implement deflationary mechanisms, and, as part of the result of that upgrade, the ticker changed to PINT.

PINT’s flagship product, Wen Rug re-envisions the popular crash game genre. It is fleshed out and gamified with hot streaks, achievement badges, DeFi memes, bonuses, and more.

While most crash games pay out 50% of revenue to investors in the house pool and retain 50% of the revenue for the site owners, with PINT the users are the “owners” of Wen Rug. 100% of user fees not allocated to the house pool are paid out to PINT stakers. Additionally, by staking PINT tokens each user has a voice in the project’s direction and the ability to direct use of funds in the CGW toward PINT buybacks, additional dividends, and future development—all while earning revenue from Wen Rug and future Pub.Finance products.

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Posted on 23 Oct 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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Miscellaneous in Cryptocurrency
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Miscellaneous in Cryptocurrency


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