Pentagon Games (PEN) Tokenomics
Pentagon Games (PEN) Tokenomics & Price Analysis
Explore key tokenomics and price data for Pentagon Games (PEN), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Pentagon Games (PEN) Information
Pentagon Games is building a multichain entertainment hub powered by its zkEVM-based Pentagon Chain, offering secure, immersive, AI-driven 3D experiences, integrating brands and IP with Web3 technologies, and driving mass adoption and cross-chain interoperability.
In-Depth Token Structure of Pentagon Games (PEN)
Dive deeper into how PEN tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
The token economics for PENGU, the SPL token associated with Pudgy Penguins, is structured around a fixed maximum supply, initial distribution via a large-scale airdrop, and specific vesting schedules for the team and company allocations. PENGU is primarily a meme token with no inherent utility beyond exchange and speculation.
Issuance Mechanism
The PENGU token operates as an SPL token on the Solana blockchain, with a fixed maximum supply.
- Maximum Supply: The maximum token supply for PENGU is approximately 88.89 billion PENGU.
- Multi-Chain Deployment: PENGU has also been deployed as an ERC-20 token on Ethereum and Abstract, utilizing LayerZero OFT technology to facilitate cross-chain transfers. As of April 25, 2025, approximately 1.06 billion PENGU (~1.19% of the maximum supply) had been bridged to Abstract.
- Token Burn: The project team executed a one-time burn of over 12.00 billion PENGU tokens on February 5, 2025. This amount represented approximately 13.69% of the maximum token supply and consisted of tokens that were unclaimed from the initial airdrop.
Allocation Mechanism
The initial distribution of PENGU was heavily focused on an airdrop to various communities, accounting for over half of the total supply.
Initial Distribution Breakdown
Approximately 44.77 billion PENGU (about 50.37% of the maximum token supply) were allocated toward the initial airdrop. The approximate distribution allocations, according to the team, are detailed below:
| Allocation Category | Token Amount (Billions) | Percentage of Max Supply |
|---|---|---|
| Pudgy Community | ~23.02 | ~25.90% |
| Other Communities | ~21.44 | ~24.12% |
| Current & Future Team | ~15.82 | ~17.80% |
| Liquidity | ~10.98 | ~12.35% |
| Company | ~10.20 | ~11.48% |
| Proliferation | ~3.56 | ~4.00% |
| Public Good | ~3.56 | ~4.00% |
| FTT Holders | ~0.31 | ~0.35% |
Airdrop Details
The airdrop was distributed to holders of Pudgy Penguins, Lil Pudgys, and Pudgy Rods NFTs, as well as to "OG Ethereum and Solana wallets," DeFi participants across Solana and Ethereum, Pudgy Penguin Soulbound token holders, and FTT tokenholders.
The initial claim period for the airdrop was planned to last until March 9, 2025, but the team ended it early on February 9, 2025, due to data suggesting that only bots were continuing to claim tokens.
Usage and Incentive Mechanism
PENGU is classified as a meme token and currently has no featured or planned functionality beyond being exchanged or held for speculative purposes.
- Utility: There is no stated utility for PENGU within the network or protocol.
- Incentives: A commercially reasonable search found no mechanisms for users or tokenholders to earn fees, additional tokens, or any form of compensation (such as dividends, interest, or liquidity rewards) by interacting with the network or holding the token.
- Staking/Liquidity: There are currently no staking or liquidity provisioning mechanisms featured or planned for PENGU.
- Governance: As of April 25, 2025, Pudgy Penguins does not have an active governance process. PENGU tokenholders do not possess voting rights or the ability to propose changes. The project team retains the sole privilege of influencing project and asset development.
- Acquisition: Users can acquire PENGU through centralized exchanges (e.g., Binance, Coinbase, Bybit) and decentralized exchanges (e.g., Raydium, Orca, Meteora).
Locking Mechanism and Unlocking Time
Specific allocations for the team and company are subject to vesting schedules designed to ensure long-term commitment.
Vesting Schedule
The allocations for the team and company are subject to a one-year cliff followed by a three-year vesting schedule:
- Current & Future Team Allocation: The ~15.82 billion PENGU (17.80% of the maximum supply) allocated to the team is subject to a one-year cliff with a three-year vesting schedule.
- Company Allocation: The ~10.20 billion PENGU (11.48% of the maximum supply) allocated to the company is also subject to a one-year cliff with a three-year vesting schedule.
The project team did not disclose the specific wallet addresses associated with these allocations.
Token Burn Mechanism
While there are no planned or ongoing token burn or buyback mechanisms, the team executed a one-time burn of over 12.00 billion unclaimed PENGU tokens on February 5, 2025, which effectively reduced the circulating supply.
Note: Specific token unlock dates for the team and company allocations were not available, but the vesting terms include a one-year cliff followed by three years of vesting.
Pentagon Games (PEN) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Pentagon Games (PEN) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of PEN tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many PEN tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand PEN's tokenomics, explore PEN token's live price!
How to Buy PEN
Interested in adding Pentagon Games (PEN) to your portfolio? MEXC supports various methods to buy PEN, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Pentagon Games (PEN) Price History
Analyzing the price history of PEN helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
PEN Price Prediction
Want to know where PEN might be heading? Our PEN price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
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