Announcing the launch of $Pina
We are excited to announce the launch of $Pina. The $Pina staking pool will be open at 4:00 AM on January 17th (UTC time). Join the Pina party by following these step-by-step instructions. 🍍
How to Join the $Pina party
1. Buy $Pina
Go to Uniswap to buy Pina or click on the link provided below
2. Stake $Pina
a. Visit the website https://www.dontdiememe.com/pina
b. Click on “Approve to use your PINA” and wait for the approval confirmation
c. Enter the amount of PINA you wish to stake and click on the “Stake” button
3. Stake PINA-USDC
a. Go to here, or click on the link provided below to supply PINA and USDC
b. Approve the use of your PINA-USDC and wait for the approval confirmation
c. Enter the amount of PINA-USDC you wish to stake and click on the “Stake” button
4. Claim $Pina rewards
a. For the Pina staking pool, enter the amount of PINA and click on the “Unstake” button to claim your staked Pina tokens and rewards
b. For PINA-USDC staking pool
a) You can either zap your rewards directly to LP by providing equal USDC
b) Or unstake LP to make rewards claimable
FAQ:
What is Pina?
$Pina is a vital part of our dual-coin system and serves as a utility token that drives activity and innovation on our platform. It is also a stable dollar pegged to the value of $1 and utilizes mechanisms inspired by Dynamic Set Dollar (DSD).
What’s the Initial Token Supply?
The initial token supply for Pina is 21,100 tokens. This is broken down as follows: 10,000 tokens for providing permanent LP, 10,000 tokens for initial LP providers, and 1,100 tokens for early supporters.
What’s the Bootstrapping Phase mean?
The Pina token has a bootstrapping phase after launch and the oracle price of Pina is fixed at $1.5 during this bootstrapping phase. Additionally, the token supply for Pina will expand by 1% per epoch during the bootstrapping phase. The bootstrapping phase for the Pina token will end when the total supply of the tokens reaches above 2 million.
How to advance an epoch?
The Pina token’s epochs are advanced manually every hour by the dev team to prevent bots and help raise some funds for long-term development. The DAO will provides an incentive by rewarding Pina tokens to the dev address upon successful advancement.
Will there be a Pina airdrop?
Yes, an airdrop for Pina will be conducted after the bootstrapping phase for Meme3 & Meme3 LP holders, Meme Kids holders, as well as for artists and community members who support us. A snapshot will be taken at the end of the bootstrapping phase block to determine eligibility for the airdrop.
