Prodds Product Explainer
  • Welcome to Prodds
  • Prodds Predict
    • How to Make Prediction?
    • What is Loss Shield?
    • Types of Prodds Prediction Pools
    • How to Claim Winnings?
    • Fees and Charges
  • Prodds Arena
    • Coming Soon
  • Account
    • KYC Verification
    • Deposit and Withdrawal
    • Disputes and Complaints
  • Tokenonics
    • Prodds Ecosystem
    • Utility Token - $RDM
      • How to get $RDM
      • How to redeem $RDM?
    • Governance Token - $PRD
      • $PRD Supercharger
      • Token Allocation
      • Release Schedule
  • NFT Utility
    • Prodds Box
    • Predict Slip
  • Responsible Gaming
    • What is Responsible Gaming?
    • Tools to Stay Responsible
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  1. Tokenonics
  2. Governance Token - $PRD

Token Allocation

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Last updated 6 months ago

Allocation
Description

RDM Reserve

A dedicated reserve for supporting the $RDM variable reserve, which enhances the stability and value of $RDM for holders. This reserve may also be subject to a burning mechanism based on DAO proposals, enabling $PRD holders to shape and align the reserve’s function with community interests.

Capital Reserve

A long-term reserve managed by the Prodds DAO for future platform development initiatives. This reserve may also be partially burned based on DAO proposals, allowing $PRD holders to influence the reserve allocation and support Prodds’ growth strategy.

Team and Advisory

Reserved for compensating the Prodds Team, Advisory Board, and key contributors. Tokens are vested to ensure sustained commitment and align incentives with Prodds’ long-term success.

Early Contributor

Allocated to early backers who provided critical support and resources during Prodds’ foundational phases, recognizing their trust and incentivizing their ongoing involvement as Prodds grows.

Liquidity

Aimed at ensuring sufficient liquidity for Prodds tokens on exchanges. This allocation enhances market accessibility and stability, promoting smooth transactions and a stable token market value.

Ecosystem Grants

Tokens dedicated to fostering Prodds Ecosystem growth. Grants are available to projects and developers who contribute value to the Prodds Ecosystem, with all disbursements requiring DAO proposal approval. This reinforces community governance and alignment with Prodds’ mission.

Community Development

Focused on expanding and engaging the Prodds user base. This fund supports community-building activities like marketing, events, and rewards, fostering a vibrant and loyal community.

Treasury

The Treasury fund covers Prodds operational expenses, including essential services, API subscriptions, and team remuneration. This allocation ensures the smooth and sustainable functioning of the platform.