pCoCo

Fundraising token similar to pKlima / pOHM.

Vested against treasury growth and redeemable for CoCo

The investors/ backers will be given with P-Coco which is a non-transferable token. This gives the investor the option to mint Coco by providing 1 Pcoco and 1 Usdc to the treasury .

Additionally, P-COCO can only be redeemed incrementally as supply increases , which will prevent the dumping and shock in the token value, and it aligns the interest of the people to make this protocol successful

Different stakeholders will be vested with different constraints - ie supply share factor

Different holders will be given different share factors, best chosen to have a positive and long impact for the project.

For reference - numbers based on Klima :

  • Team: 330m pKLIMA, and 7.8% supply share

  • Project Stakeholders: 70m pKLIMA, and 3.5% supply share

  • Advisors: 50m pKLIMA, and 1% supply share

  • OlympusDAO: 70m pKLIMA, and 3.5% supply share

  • Klima DAO community: 480m pKLIMA (no supply share)

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