Pentagon Games (PEN) Tokenomics
Pentagon Games (PEN) Information
Pentagon Games is building a multichain entertainment hub powered by its zkEVM-based Pentagon Chain, offering secure, immersive, AI-driven 3D experiences, integrating brands and IP with Web3 technologies, and driving mass adoption and cross-chain interoperability.
Pentagon Games (PEN) Tokenomics & Price Analysis
Explore key tokenomics and price data for Pentagon Games (PEN), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
In-Depth Token Structure of Pentagon Games (PEN)
Dive deeper into how PEN tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
Overview
Penguin (PENGU) is the native token associated with the Pudgy Penguins ecosystem, primarily launched on the Solana blockchain, with additional deployments as an ERC-20 token on Ethereum and Abstract via LayerZero OFT technology. The token is designed as a meme token with no featured or planned utility beyond being exchanged or held for speculative purposes. There are no mechanisms for earning fees, additional tokens, or compensation by holding or interacting with the token, and it does not confer any governance, profit-sharing, or legal rights.
Issuance Mechanism
- Initial Distribution:
PENGU was primarily issued via a large-scale airdrop to holders of Pudgy Penguins, Lil Pudgys, and Pudgy Rods NFTs, as well as to OG Ethereum and Solana wallets, DeFi participants, Pudgy Penguin Soulbound token holders, and FTT tokenholders. - Total Supply:
The maximum supply is approximately 88.89 billion PENGU tokens. - Airdrop Allocation:
About 44.77 billion PENGU (~50.37% of the total supply) were distributed through the airdrop.
Allocation Mechanism
The allocation of PENGU tokens is as follows:
| Category | Amount (Billion PENGU) | % of Max Supply |
|---|---|---|
| Pudgy Community | ~23.02 | ~25.90% |
| Other Communities | ~21.44 | ~24.12% |
| Team (Current/Future) | ~15.82 | ~17.80% |
| Liquidity | ~10.98 | ~12.35% |
| Company | ~10.20 | ~11.48% |
| Proliferation | ~3.56 | ~4.00% |
| Public Good | ~3.56 | ~4.00% |
| FTT Holders | ~0.31 | ~0.35% |
- Team and Company Allocations:
Both are subject to a one-year cliff and a three-year vesting schedule.
Usage and Incentive Mechanism
- Primary Use:
PENGU is a meme token with no planned or current utility beyond being traded or held. It is not used for staking, governance, or as a medium of exchange within a protocol. - Incentives:
There are no mechanisms for earning rewards, fees, or additional tokens by holding or using PENGU. No staking, liquidity provision, or yield mechanisms are available or planned. - Acquisition:
PENGU can be acquired via airdrop (for eligible users), or purchased on centralized exchanges (e.g., Binance, Coinbase, Bybit) and decentralized exchanges (e.g., Raydium, Orca, Meteora).
Locking Mechanism
- Team and Company Tokens:
Subject to a one-year cliff and a three-year vesting schedule. This means these tokens are locked for the first year, after which they vest linearly over the next three years. - No Locking for Airdrop/Community:
Tokens distributed via airdrop or to the community are not subject to any lock-up or vesting.
Unlocking Time
- Team/Company Unlocking:
- Cliff: 1 year after token generation event (TGE)
- Vesting: Linear over the following 3 years
- Airdrop/Community:
Immediately available upon claim. - Unclaimed Airdrop:
Unclaimed tokens after the claim period are burned (e.g., over 12 billion PENGU, ~13.69% of supply, were burned on Feb. 5, 2025).
Additional Notes
- No Staking or Governance:
There are no staking, liquidity provision, or governance mechanisms associated with PENGU. - No Buyback/Burn Mechanism:
No ongoing or planned token burn or buyback mechanisms, aside from the one-time burn of unclaimed airdrop tokens. - No Open-Source Development:
The development of PENGU is not open-source, and there is no public governance process.
Summary Table
| Mechanism | Details |
|---|---|
| Issuance | Airdrop to NFT holders, DeFi users, FTT holders; no mining or ongoing emissions |
| Allocation | See allocation table above; team/company subject to vesting, others mostly unlocked |
| Usage/Incentives | Meme token; no utility, staking, governance, or rewards |
| Locking | Team/company: 1-year cliff + 3-year vesting; others: no lock |
| Unlocking | Team/company: unlocks after 1 year, then linear; airdrop/community: immediate |
| Burn Mechanism | One-time burn of unclaimed airdrop tokens; no ongoing burn or buyback |
Implications and Context
- Market Impact:
The large airdrop and immediate liquidity for most tokens led to significant volatility at launch, with price swings and a notable one-time burn of unclaimed tokens to reduce supply. - Vesting for Team/Company:
The vesting schedule for team and company tokens is designed to align long-term interests and reduce immediate sell pressure, a common practice in token launches. - No Utility or Governance:
The lack of utility, staking, or governance means PENGU is primarily a speculative asset, and holders should not expect protocol-driven value accrual or participation rights. - Transparency:
While allocation percentages and vesting schedules are disclosed, specific allocation addresses are not public, and the project is not open-source.
Conclusion
Penguin (PENGU) tokenomics are straightforward: a large, meme-oriented airdrop with most supply immediately liquid, and team/company allocations locked and vested over four years. There is no protocol utility, staking, or governance, and the token functions as a speculative asset. The only significant supply reduction mechanism was a one-time burn of unclaimed airdrop tokens. Investors should be aware of the lack of ongoing incentives or utility and the implications of large, unlocked supplies on market dynamics.
Pentagon Games (PEN) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Pentagon Games (PEN) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of PEN tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many PEN tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand PEN's tokenomics, explore PEN token's live price!
How to Buy PEN
Interested in adding Pentagon Games (PEN) to your portfolio? MEXC supports various methods to buy PEN, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Pentagon Games (PEN) Price History
Analyzing the price history of PEN helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
PEN Price Prediction
Want to know where PEN might be heading? Our PEN price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Buy Pentagon Games (PEN)
Amount
1 PEN = 0.00167 USD