Tokenomics & Governance
Does Moonpot have its own token? If so: why?
Moonpot has its own token called $POTS, which acts as both a governance token and a revenue-sharing mechanism. There is a maximum supply of 10,000,000 $POTS to be circulated. By holding $POTS and staking it in our governance pot you will receive a proportional amount of the platform’s revenue. These rewards are also in $POTS that come from open-market purchases, creating buying pressure on the token. You will also be part of the Ziggy’s Pot’s monthly prize draw.
In addition to interest and monthly prizes, $POTS is a fair and equitable way of distributing voting power in the platform. The more $POTS you have, the more voting power you have. The reason behind this is simple. Token holders are concerned with the health and success of Moonpot due to the reward mechanism mentioned above. Users with larger amounts have more of a stake in the platform and its longevity.
$POTS contract address: 0x3fcca8648651e5b974dd6d3e50f61567779772a8
What’s the $POTS token distribution?
When will Moonpot be listed on CoinMarketCap.com?
Moonpot was listed on CoinMarketCap on August 13 — this was just 10 days after the token first became available for purchase.
For those of you new to all this, CoinMarketCap is a cryptocurrency analytics platform that people use to check crypto prices, charts, and market capitalization. When it comes to cryptocurrency info it has the most traffic in the world with +270 million monthly visitors.
You can also check out our listing on CoinGecko here. Don’t forget to upvote the project by hitting that 😆
When will Moonpot’s token $POTS be listed on Binance?
Hopefully at some point in the future, but there is no immediate news on this.
If and when it happens you can be sure we will announce it on our Telegram news channel at the earliest opportunity. You can follow our announcements here.
As any keen Moonpot Cadet knows by now our Mission Control is backed and powered by Beefy Finance. That particular project launched in September 2020, and was listed by Binance in March 2021 — so six months later. Moonpot launched in July 2021.
So give it some time.
What won’t get Moonpot listed on Binance is 20,000 Cadets posting ‘Wen Binance?’ in our Telegram group. What will help, however, is if each and every one of you post about Moonpot on Twitter and tag Binance. We’ve got to mobilise the Moonpot Army. And make people sit up and take notice. Let’s start by giving Moonpot a shoutout on Binance’s thread here: https://twitter.com/binance/status/1422617640451772418
Come on, Cadets. Together we can do this! Wen Binance? Well, when we all pull together and make it happen. This is the mission. We trust you choose to accept it. Ziggy wants to take you to the moon. But it’s up to each and every one of us to play our part.
When will Moonpot’s token $POTS pump?
We’re not into pumps. Because the rest of that phrase is dump. Moonpot is about steady and sustainable growth. Where everybody wins.
Our $POTS token first became available for purchase on August 3 at a launch price of $1. At the time of writing, one week later (August 10), it is now worth $6.12.
If you’re looking for growth then you’ve come to the right place. Because that’s a 612% increase in just seven days.
Better than holding is earning, so stake your tokens in Ziggy’s Pot for an interest rate of 206% APY — at the time of writing. Plus you’ll be in with a chance of winning the monthly Ziggy’s Pot prize draw, which will be awarded on September 1 (and every four Wednesdays after that).
The prize pool currently stands at $273k in crypto (on Aug 10) with three weeks still to go for it to grow even more. You've got to be in it to win it so stake your $POTS here.
Please note that Captain Ziggy is a space explorer not an investment guru. As such this is not investment advice. Please always do your own research.
Last modified 4mo ago