اقتصاد توکنی Peanut the Squirrel (PNUT)

Peanut the Squirrel (PNUT) is a meme coin primarily operating on the Solana blockchain, though a version also exists on the Ethereum blockchain. As a meme token, its value is largely derived from its cultural appeal, community strength, and speculative interest, rather than traditional utility or complex protocol functions.

The available information provides details on the token's supply, its initial distribution mechanism on decentralized platforms, and its general usage, but comprehensive, detailed tokenomics (such as a formal whitepaper breakdown of allocation percentages, locking schedules, or specific incentive mechanisms) are not fully disclosed in the provided data.

Issuance Mechanism and Supply

The issuance mechanism for PNUT is tied to its launch on decentralized platforms, particularly the Solana-based platform Pump.fun.

• Solana Version (PNUT): The circulating supply for the Solana-based PNUT token is approximately 1 billion (specifically, 999.85 million or 1 billion tokens reported in market statistics).
• Ethereum Version (PNUT): A separate version of PNUT exists on the Ethereum blockchain with a stated supply of 10 million tokens.
• Launch Mechanism: The token was launched on Pump.fun, which utilizes a bonding curve mechanism. This mechanism automatically raises the token price as demand increases. Once a token reaches a specific market capitalization threshold (e.g., $69,000), it automatically migrates to a decentralized exchange like Raydium on Solana.

Allocation Mechanism

Specific, detailed allocation percentages (e.g., for team, treasury, or community) are not publicly disclosed for the PNUT token. However, the initial distribution is heavily influenced by the launch platform's mechanics.

• Decentralized Launch: The use of Pump.fun suggests an initial distribution model focused on public participation and market-driven price discovery rather than a traditional Initial Coin Offering (ICO) or private sale structure.
• Market Activity: The token's rise was fueled by viral attention, including a tweet from Elon Musk, leading to rapid trading volume (peaking at nearly $300 million in 48 hours) and market capitalization (peaking at $120 million).

Usage and Incentive Mechanism

As a meme coin, the primary function of PNUT is speculative trading and serving as a cultural asset representing the story of Peanut the Squirrel.

• Primary Utility: The token's value is derived from its meme appeal and community strength. There is no featured or planned functionality beyond being exchanged or held for speculative purposes.
• Incentives: A commercially reasonable search found no explicit methods in which users or tokenholders can earn fees, additional tokens, or any form of compensation (such as dividends, interest, or liquidity rewards) by interacting with the network or holding the token.
• Market Hype: The main incentive for holding or trading PNUT is the potential for price appreciation driven by viral trends, community engagement, and high-profile centralized exchange listings (such as Binance and Coinbase).

Locking Mechanism and Unlocking Time

Formal locking mechanisms, vesting schedules, or unlocking times for team, investor, or treasury allocations are not publicly disclosed in the available data.

• Lack of Formal Vesting: Unlike utility or governance tokens, meme coins often lack complex vesting schedules. The absence of disclosed locking mechanisms suggests that the majority of the circulating supply may be immediately available for trading, consistent with a community-driven, fair-launch model.
• Market Impact of Supply: While no specific unlock dates are provided, the general principle of token unlocks is noted: an increase in available supply can create downward pressure on prices, requiring new demand to offset the increased supply.