Tokenomics
Token Distribution
The goal of the token distribution is to balance the project's financial needs with public accessibility and community interests. To accomplish this, 50% of the token supply is controlled by Possum Labs LLC to fund development, partnerships, DEX liquidity and other essential tasks until the final version of the on-chain capital allocation system ("governance") Possum Core is released.
With the release of the final version of Possum Core, the community will be in full control of the reserved 5 billion tokens (50% of total supply) to be used as the DAO sees fit. While Possum Labs expects a primary use of these funds to be related to supporting growth, such as ecosystem incentives, the DAO can decide independently via the immutable on-chain system.
Total supply – 10Bn PSM
Possum Labs - 5Bn PSM
Operations & Infrastructure
Development
Team Compensation
Partnerships
DEX Liquidity (e.g. Ramses)
Time Rift
Portals Funding
etc.
As of August 2024, the remaining budget of Possum Labs is approximately 3.2Bn PSM.
Community – 5Bn PSM
Controlled by PSM stakers in the Possum Core, our on-chain capital allocation system
PSM Utility
The purpose of PSM is to be our ecosystem currency that captures the utility value of all our products without value extraction. When building protocols, Possum Labs follows the principle of a Hyperstructure.
PSM is and will always be an integral part of our protocols. For example, Portals would not work without PSM since it is the medium of upfront yield and enables adaptive market pricing of yield rates. Likewise, upcoming products will always fully integrate PSM within their mechanisms.
This allows PSM to potentially grow in value according to the demand for the protocols we build. At the same time, it fully aligns incentives between users and PSM holders. A strong PSM token means that all Possum protocols scale up and become more efficient, benefiting users alongside PSM holders.
PSM is a currency that is directly connected to the utility and adoption of the protocols that Possum Labs builds. Nothing more, nothing less.
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