POSTHUMAN validator issues $PSTHMN-token
!!! THIS ARTICLE IS NOT ACTULA ANYUMORE !!!
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THIS IS OLD VERSION THAT WE KEEP FOR THE HISTORY OF THE DEVELOPMENT!
Introduction
POSTHUMAN validate 18 main-nets, and at the time of this writing (02/10/2022), the total amount of delegated funds with the POSTHUMAN has exceeded $22 million.
The POSTHUMAN validator is actively involved in the development of validated networks, and in most networks, POSTHUMAN can be safely called a community validator.
Not only the number of networks is growing, but also the team behind the validator: and in fact, the team behind POSTHUMAN — is not only developers and crypto-enthusiasts, but also all individual delegators of POSTHUMAN!
We want to thank all of our individual delegators and have decided that now 1% of the total POSTHUMAN validator income from all validated networks (both current and future) will be shared among all individual POSTHUMAN delegators (both current and future).
In order to fairly distribute 1% of the validator’s income among individual delegators, we are issuing a $PSTHMN-token, the total capitalization of which will be equal to 1% of the total income from all validated networks.
Since the number of validated networks and delegators is constantly growing, the token will also be distributed among individual delegators gradually.
To better understand the meaning and value of the $PSTHMN-token, we suggest you familiarize yourself with tokenomics.
$PSTHMAN tokenomics
- Total Supply of $PSTHMN-token is 1,048,576 (2²⁰).
- During the Q1–2022, a Liquidity Pool will be created (most likely at junoswap.com), into which, on the one hand, 500,000 $PSTHMN-token (~47.68% of the total supply) will be added, and on the other hand, the Pool will constantly replenish 1% of the total income from all networks that are validated by POSTHUMAN.
- Approximately once a week (the actual time period will depend on the length of the longest epoch among the networks that POSTHUMAN validates now, or will validate in the future), 1% of all profits from all networks will be exchanged for a stable-coin (presumably $UST), and go to the Liquidity Pool in pair with the $PSTHMN-token.
At the same time, there will be no new receipts of the $PSTHMN-token into the Liquidity Pool by the POSTHUMAN validator.
That is, the price of the $PSTHMN-token in the Liquidity Pool will constantly grow: each new network, each new delegation in one of the networks, will quantitatively increase the flow of funds to the Liquidity Pool paired with $PSTHMN-token. - At the beginning of Q2–2022 (the exact time remains a secret), snapshots will be taken in all networks that POSTHUMAN validates, and based on this snapshot, a StakeDrop of 24,288 $PSTHMN-token (~2.31% of the total supply) will be made, among all individual POSTHUMAN delegators .
To receive a StakeDrop, delegators will have to send a “magic transaction” with the minimum possible amount, indicating in the memo field the desired address to which $PSTHMN-token will be sent. More detailed conditions will be published later. - At the beginning of Q3–2022 (exact time remains a secret), 75,712 more $PSTHMN-token will be issued and distributed (~7.22% of the total supply):
- 48,576 $PSTHMN-token (~4.63% of the total supply) will be evenly distributed among $PSTHMN-token holders;
- 24,288 $PSTHMN-token (~2.31% of the total supply), will be distributed via StakeDrop, among all individual POSTHUMAN delegators, based on snapshots in all networks;
- 2,848 $PSTHMN-token (~0.27% of the total supply) will be distributed among the developers behind the POSTHUMAN validator; - At the beginning of Q4–2022 (exact time remains a secret), another 48,576 $PSTHMN-token (~4.63% of the total supply) will be released and distributed:
- 16,192 $PSTHMN-token (~1.54% of the total supply) will be evenly distributed among $PSTHMN-token holders;
- 24,288 $PSTHMN-token (~2.31% of the total supply), will be distributed via StakeDrop, among all individual POSTHUMAN delegators, based on snapshots in all networks;
- 8,096 $PSTHMN-token (~0.77% of the total supply) will be distributed among the developers behind the POSTHUMAN validator;
Thus, by the end of 2022, there will be 648,576 $PSTHMN-token in circulation (~61.85% of the total supply), of which approximately 500,000 $PSTHMN-token (~47.68% of the total supply) will be in the Liquidity Pool, equal to 1% annual income of the POSTHUMAN validator.
The remaining 400,000 $PSTHMN-token (~38.15% of the total supply) will be distributed in the same way, over 8 years, among three categories, in the following proportions:
- $PSTHMN-token holders: 166,000 $PSTHMAN (~15.83% of total supply);
- individual POSTHUMAN delegates in all networks: 200,000 $PSTHMAN (~19.07% of the total supply);
- the developers behind the POSTHUMAN validator: 34,000 $PSTHMAN (~3.24% of the total supply);
This means that by the end of 2030, there will be 1,048,576 $PSTHMN-token in circulation (100% of the total supply), the distribution of $PSTHMN-token will stop, while 1% of the total profit from the POSTHUMAN validator will continue to flow into the Liquidity Pool in pair with $PSTHMN-token, as long as the POSTHUMAN validator exists.
$PSTHMN-token will not be available for purchase!
There will be no pre-sales or private sales!
$PSTHMN-token will display gratitude to the delegators from the team behind the POSTHUMAN validator.
In the process of implementing the plan, the data can be adjusted, and all adjustments will be made on the basis of logic, common sense and mutual benefit.