PANJ · tokenomics
Tokenomics
How much PANJ there is, who it is for, and how it comes into the world. The numbers under Live are read from the exchange as you open the page.
These are the starting numbers. They may still change before PANJ is minted on TON.
Allocation
Who it is for
The whole supply is split once, in these shares. A share is a ceiling, not a sale: PANJ for members comes into circulation only when a member earns it.
- Member rewards50% 50.000.000 PANJ Paid for the nights and achievements, once each. Released only as members earn it.
- Artists and community15% 15.000.000 PANJ For the DJs, artists and members who build the nights with us: contests, sets, art.
- Exchange liquidity15% 15.000.000 PANJ Held by the exchange so there is always someone to trade with.
- Team10% 10.000.000 PANJ Locked, and released month by month over two years.
- Club reserve10% 10.000.000 PANJ For what the club needs later, decided in the open.
Released so far
Member rewards
258 of 50.000.000 PANJ has been earned so far.
Rules
How PANJ comes and goes
Earned, never sold to start
No presale and no ICO. PANJ comes into circulation when members earn it, one achievement at a time, and every reward is paid once.
Priced by trades
The price is what members trade it at on the club's order book. When nobody has traded yet, the exchange quotes around a reference price the team sets (5.000 Toman today).
The team's share is locked
The team's PANJ is released month by month, so nobody on the team can sell a pile of it at once.
One ledger, every move
Every PANJ that moves is a line in the exchange's ledger, with its own reference, so nothing lands twice and nothing goes missing.
PANJ is a reward, not an investment. It is earned by being part of the nights. Its price on the exchange is whatever members trade it at, and it can fall as easily as rise. Nobody from the club will ever promise you a profit or ask you to buy PANJ.
