Future Token (Optional)
免責事項: このホワイトペーパーは英語版が正式な文書となります。他言語の翻訳は参照用です。
Disclaimer
Section titled “Disclaimer”PIPO has not committed to launching a token. This section outlines potential token mechanics if the community and regulatory environment support it in the future.
Design Philosophy
Section titled “Design Philosophy”If a token is launched, it will follow the Hyperliquid model:
- Community-first distribution
- Points → Token conversion
- Real utility, not speculation-only
- Aligned with protocol growth
Potential Token Utility
Section titled “Potential Token Utility”Governance
Section titled “Governance”Governance Rights:├── Protocol parameter voting├── New underlying approval├── Fee structure changes├── Treasury allocation└── Committee electionsEconomic
Section titled “Economic”Economic Utility:├── Staking for fee discounts├── LP boost multiplier├── Revenue sharing (stake)├── Oracle committee eligibility└── Priority access to new featuresPotential Distribution Framework
Section titled “Potential Distribution Framework”Allocation Categories (No Specific Numbers)
Section titled “Allocation Categories (No Specific Numbers)”| Category | Description |
|---|---|
| Community/Airdrop | Points-based distribution to early users |
| Team | Multi-year vesting with cliff |
| Investors | Vesting schedule TBD |
| Treasury | DAO-controlled for future initiatives |
| Ecosystem | Ongoing incentives, grants |
Note: Specific percentages will be determined closer to any potential TGE based on market conditions, regulatory guidance, and community feedback.
Points → Token Conversion
Section titled “Points → Token Conversion”Potential Mechanism
Section titled “Potential Mechanism”If a token is launched, Points accumulated during the pre-token phase may be convertible:
Conceptual Conversion:├── Points represent contribution to the ecosystem├── Conversion ratio determined at TGE├── Anti-Sybil measures applied└── Minimum thresholds may applyNarrative:
“Early Points holders will be rewarded at TGE, following the Hyperliquid model where community contributors are prioritized.”
Timeline (Hypothetical)
Section titled “Timeline (Hypothetical)”| Phase | Status |
|---|---|
| Points accumulation | Ongoing |
| Token design finalization | TBD |
| Regulatory review | TBD |
| Token generation event | TBD |
| Trading begins | TBD |
No Promises
Section titled “No Promises”┌─────────────────────────────────────────────────────────────────┐│ IMPORTANT NOTICE │├─────────────────────────────────────────────────────────────────┤│ ││ This section is PURELY CONCEPTUAL. ││ ││ PIPO makes NO commitment to: ││ ├── Launching a token ││ ├── Any specific token allocation percentages ││ ├── Points having any monetary value ││ ├── Any airdrop or distribution ││ └── Any specific timeline ││ ││ Tokens, if ever launched, will comply with applicable ││ laws and regulations. ││ ││ Do NOT purchase Points or engage with the platform ││ with the expectation of financial return from tokens. ││ │└─────────────────────────────────────────────────────────────────┘