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Tokenomics

Is PEACHPYE a deflationary or inflationary token?

PEACHPYE is a deflationary token with a hard cap Max Supply of three-hundred thousand (300,000) tokens.

Taxes

PEACHPYE has a total Buy Tax of 0%
The total Sell Tax of 12% is broken down as follows:
  • 10% BuyBack & Burn
  • 2% Development Team for development expenses of building platforms and marketing campaigns.
PEACHPYE token has 0% Transfer Tax

PEACHPYE Deflationary Mechanics

Manual Burns

This allows for proactive, strategic mitigation of possible costs to the project as it develops. As we achieve initiatives on our roadmap, the project will be able to process burns, and holders will be the benefactors as they will see their percentage of PEACHPYE go up automatically. All burns are transparent and are available for all to see, and we will announce our strategy as we continue to develop at each phase of PEACHPYE.

Auto Buy Back & Burn

To stimulate the price of PEACHPYE, it buys PEACH Tokens on the market with BNB or ETH collected from transaction fees and then burns them. This function is automated via smart contract which means developers do not have access to the funds inside of the Buy Back.

How does Auto Buy-Back actually work?

10% of PEACHPYE's tax is collected from each sell transaction. When the contract collects a certain amount of BNB or ETH, it buys PEACH Tokens on the market and then burns them.
If you see repeated transactions coming from the Sells — this is work of Auto Buyback.

As well as above, PEACHPYE Tokens will also be burned via:

  • 100% of PEACHPYE used to mint NFTs on PYESwap's NFT Marketplace
  • 100% of PEACHPYE spent on Lottery tickets and CoinFlips
  • Exchanging via Bridge to receive $TOPIA Tokens

Emission Rate

PEACHPYE Tokens mint daily at 475.2 PEACH per day.
  • .015 PEACH Per Block to Pools
  • .0015 PEACH Per Block to Manual Burns