Tokenomics

Is there a way to stake PSM tokens?

Yes, you can stake PSM in our on-chain capital allocation system "Possum Core" and earn rewards. Read the deep dive here: https://medium.com/@Possum_Labs/possum-core-a-principled-approach-to-on-chain-governance-70eab2e4d1ad

Why would I want to buy / hold / farm PSM?

Purchasing any asset is a personal decision and we do not give financial advice. Please DYOR.

Possum Labs is building immutable & permissionless DeFi protocols using PSM as the central currency. The more economic activity flows through protocols built by Possum Labs, the more useful PSM becomes.

PSM is a fixed supply token with a total supply of 10bn. Additional tokens cannot be minted, since the original token contract on ETH L1 is immutable, just like our protocols. The current circulating supply can be obtained from coingecko: https://www.coingecko.com/en/coins/possum