Transparency is essential for taking responsibility, protecting investors, and enhancing the industry's trustworthiness. This page will present real-time data on all capital placements and their movements, which can be verified on-chain.
As of 2022.02.18
As of 2022.02.18
Users in the PIP ecosystem are entitled to the reward farming portion, which they can earn by using PIP products. This serves as an incentive to promote greater awareness and adoption of PIP within the ecosystem.
This portion belongs to early private investors; such as Coinbase, Galaxy Digital, GBV, NoLimit Holdings, CMS Holdings, and others. Invested capital has been used for the initial development of PIP products.
The development portion is responsible for operations of the development team to continue building and expanding PIP ecosystem. Note that no individuals, including founders, directly and personally access this portion.
The ecosystem portion is tasked with fostering the growth and expansion of the PIP ecosystem, which includes building partnerships, providing developer grants, covering marketing and PR expenses, and recruiting essential teams and board members.
The staking portion serves as a reward for staking, aimed at encouraging investors and users to diversify and provide liquidity into both decentralized marketplaces or exchanges and centralized staking services.
The liquidity portion serves the purpose of enhancing liquidity in the market by offering it on various centralized exchanges for investors to access. It is commonly lent out to trading firms for market-making activities.
The reserve portion is designated to cover unexpected or emergency expenses in order to safeguard the interests of the company and its users. Any expenses from this portion and the rationale behind them will be made visible to the public.
The advisor portion is intended to acquire essential advisors during the initial stages of the ecosystem. Advisors may have different roles and responsibilities, ranging from legal matters to building connections and devising strategies.