🥚Golden Eggs $PEGG
Last updated
Last updated
Golden Eggs ($PEGG) are the ultimate treasure of Pokville. It serves multiple purposes within the PokPok protocol, functioning primarily as the in-game reward token of the PokPok Protocol to incentivize farmers as staking emissions and other features in the pipeline. From Epoch 30 onwards, farmers will be able to lock their $PEGG for fee distribution rewards & other future ecosystem benefits.
$PEGG can only be obtained through the following:
PEGG/WETH Liquidity Pool on Aerodrome
Staking Profitable Chickens in PokPok Farm
Owning and staking a Genesis Flock NFT in PokPok Farm
The emissions from the chicken staking follow a lock-unlock schedule, with the lock-unlock ratios becoming more favorable as players wait for later epochs to make their claims. Each epoch lasts one week and epoch flip happens at 2pm UTC Monday. $PEGG tokens are emitted more heavily at earlier epochs to incentivize early adopters. In addition, 50% of locked $PEGG tokens are burnt each time farmers claim their unlocked $PEGGs prior to 100% unlock at Epoch 30. For illustration, at Epoch 20, 70% of earned $PEGGs are locked, while the unlock ratio is 30%. When a farmer decides to claim $PEGG from a staked chicken that has earned 100 $PEGG where 70 $PEGGs are locked and 30 $PEGGs are unlocked, he will receive 30 $PEGGs sent into his wallet, while 50% of the 70 locked $PEGGs are permanently burnt, i.e. 35 $PEGGs will remain locked until Epoch 30.
