<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/603096bb-750e-4ac7-8d50-3ef77fe163d8/Plenty_Liquidity_Provider_Token.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/603096bb-750e-4ac7-8d50-3ef77fe163d8/Plenty_Liquidity_Provider_Token.png" width="40px" /> Plenty utilizes the PLENTY token. Earn PLENTY through staking or buy it on Plenty or Quipuswap to explore our current usecases: swapping of FA 1.2 and FA 2 tokens, providing liquidity, and earning yield.

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• Ticker: PLENTY
• Contract address: KT1GRSvLoikDsXujKgZPsGLX8k8VvR2Tq95b
• Chain: Tezos
• Maximum amount: 62,000,000 PLENTY
• Minting rate: 30 PLENTY/block

Token launch

1. Farming started at block #1,495,294 on Monday May 31 2021.
2. No pre-sale.
3. 1,000,000 PLENTY was pre-minted for closed-beta testing, liquidity pool setup and, initial rewards.

Dev Wallet

When distributing rewards to the pools and farm the admin contract calculates 10% of the total reward tokens and sends that as a second transaction to the Plenty developer wallet.

For instance, if the Admin address (multi-sig wallet) is used to distribute 100,000 PLENTY, 100,000 PLENTY goes to the pool as rewards and 10,000 PLENTY goes to the developer wallet.

Future utility

There is plenty to come!