What Is Partial (PSHARE)?
The Partial algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity. The protocol’s underlying mechanism dynamically adjusts $PARTIAL’s supply, pushing its price up or down relative to the price of ½ $FTM.
Partial An algorithmic stablecoin on Fantom Opera, pegged to the price of ½ $FTM (0.5) via seigniorage. $FTM is too expensive for you? They got you covered, pegging to only ½ $FTM suits you best!
You can stake your $PARTIAL Coin /$PSHARE LP in the Farms to earn $PSHARE rewards and stake your $PSHAREs in the Boardroom to earn more $PARTIALs!
Important Points Table Of Partial Coin
| Basic | Points |
|---|---|
| Coin Name | Partial Coin |
| Short Name | PSHARE |
| Total Supply | 46,023 |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |
How to Buy the Partial (PSHARE) Coin & Trade On Exchange?
PARTIAL – Partial Token
PARTIAL token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain Partial’s peg to ½ Fantom (FTM) token in the long run. The Shares ($PSHARE) are one of the ways to measure the value of the Protocol and shareholder trust in its ability to maintain PARTIAL close to peg. During epoch expansions the protocol mints and distributes it proportionally to all PSHARE holders who have staked their tokens in the Boardroom.
PSHARE has a maximum total supply of 55000 tokens distributed as follows:
- 1.DAO Allocation: 4500 PSHARE vested linearly 12 months
- 2.Team Allocation: 4500 PSHARE vested linearly over 12 months
- 3.Remaining 45950 PSHARE are allocated for incentivizing Liquidity Providers in two shares pools for 12 months
- 4.50 PSHARE was minted during launch for initial liquidity
Platform
Epoch duration: 6 hours
Deposits / Withdrawal of PSHARE into/from Boardroom will lock PSHARE for 6 epochs and rewards for 3 epochs.
PARTIAL rewards claim will lock staked PSHARE for 6 epochs and the next PARTIAL Coin rewards can only be claimed 3 epochs later
Distribution of during Expansion
65% as Reward for Boardroom PSHARE
Stakers 32% goes to DAO fund
3% goes to DEV fund
Epoch Expansion: Current expansion cap base on PARTIAL supply, if there are bonds to be redeemed, 65% of minted goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate.
What are PBOND (Bonds)?
Bonds are unique tokens that can be utilized to help stabilize price around peg (½ FTM) by reducing circulating supply of if the TWAP (time-weighted-average-price) goes below peg (½ FTM).
When can buy PBOND (Bonds)?
PBOND can be purchased only on contraction periods, when TWAP of PARTIAL is below 0.5.Every new epoch on contraction periods, PBONDs are issued in the amount of 3% of current PARTIAL circulating supply, with a max debt amount of 35%. This means that if bonds reach 35% of circulating supply of PARTIAL, no more bonds will be issued.
Note: PBOND TWAP (time-weighted average price) is based on price TWAP from the previous epoch as it ends. This mean that TWAP is real-time and PBOND TWAP is not.
Where can buy PBOND (Bonds)?
You can buy PBONDs if any are available, through the Bond on partial.finance, anyone can buy as many PBONDs as they want as long as they have enough to pay for them. There is a limit amount (3% of current circulating supply) of available PBONDs per epoch while on contraction periods, and are sold as first come first serve.
Why should I buy PBOND (Bonds)?
First and most important reason is Bonds help maintain the peg, but will not be the only measure use to keep the protocol on track, more on that on DAO Fund section. PBONDs don’t have a expiration date, so you can view them as a investment on the protocol, because long term you get benefits from holding bonds.