# $PEARL Token

<div align="center"><img src="https://1829189753-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FB4AUzG5EW1GvjlEbbKPj%2Fuploads%2F8CPL1uKliZLPY5JkEjEE%2Fpearl_icon_512.png?alt=media&#x26;token=e9c04f11-f284-467b-82ae-c39fc5e9d9c0" alt=""></div>

## Tokenomics:

**Ticker:** PEARL\
**Contract Address:** *Added soon*\
**Chain:** Harmony ONE (HRC-20) \
**Max Supply:** 400,000,000

## **$PEARL Utilities Include:**

* Dugong breeding
* Upgrading Aquarium and Dugongs
* Purchasing on the market
* Events

## Token Allocation

![PEARL Token Allocation](https://1829189753-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FB4AUzG5EW1GvjlEbbKPj%2Fuploads%2FzHb8hLwzd5ZN4sGs1bSQ%2Fpearl-allocation-chart.png?alt=media\&token=93f01383-1ede-485a-8372-0c4f03ef0dc6)

### 400,000,000 Hard Cap

• **32 million** *- Marketing, airdrops, initial liquidity etc.*

• **144 million** *- Staking rewards*

• **164 million** *- In-game rewards*

• **60 million** *- Development team*

### 32,000,000 • For Marketing, Airdrops, Initial liquidity etc.

Used for future marketing of the project, which includes collaborations with other projects, reaching out to incfluencers, events, token airdrops etc.

Also included here is amount of tokens that our team will provide in initial liquidity pool on Sushiswap for $PEARL with a price of 0.03$.

### **144,000,000 • For** Staking Rewards

This part will be allocated to Dugongs collecting $PEARL tokens. Rewards will be 98% locked at the beginning and follow partial unlocking schedule of 0.3% per day. This is put in place to prevent users dumping their $PEARL rewards as soon as they earn them.

### 164,000,000 • For In-game Rewards

Rewards allocated for P2E game rewards. 100% locked until land gameplay launch.

### **60,000,000 •** For Development Team

Used for operating costs and hiring new developers. 100% locked in the beginning, unlocking 1/12 every month.
