PURPS Token

PURPS Token ($PURPS) & Its Utility

Token Overview

• Name: PURPS

• Ticker: $PURPS

• Blockchain: Monad

• Total Supply: 50,000,000 PURPS

$PURPS is the native governance and utility token of the PURPS ecosystem, designed exclusively for the Monad blockchain. It powers decentralized interactions, liquidity incentives, and governance, serving as the core incentive mechanism for liquidity providers and active participants.

PURPS Token Utilities

1. Governance & Voting

• $PURPS holders can propose and vote on protocol upgrades, ecosystem decisions, and reward allocations.

• Governance participation ensures decentralization and community-driven development.

• Staking $PURPS converts it into xPURPS, which represents governance power and launchpad eligibility.

2. Liquidity Mining & Trading Rewards

• Users earn PURPS by providing liquidity to PURPS-powered pools.

• Active traders and liquidity providers receive additional incentives to enhance market depth.

• Encourages a healthy and efficient trading environment.

3. Fee Discounts & Protocol Benefits

• Users who pay fees with $PURPS enjoy discounted trading and protocol fees.

• Holding and using PURPS within the ecosystem unlocks premium features.

4. xPURPS – Staking & Launchpad Access

• Staking $PURPS yields xPURPS, which unlocks additional ecosystem benefits.

• xPURPS is required to access premium IDO allocations and launchpad participation.

• The more xPURS a user holds, the higher their allocation tier and participation perks.

5. Community Engagement & Growth-Based Rewards

• Users earn $PURPS for promoting IDOs, engaging on social platforms, and referring new users.

• Governance discussions, protocol contributions, and community initiatives also yield rewards.

• Encourages organic growth and ecosystem expansion.

6. Liquidity Support for New Projects

• A portion of platform fees funds a liquidity support pool to boost new IDO launches.

• $PURPS holders who contribute liquidity receive a share of the project’s tokens.

• Strengthens project success and ecosystem sustainability.

7. IDO Access & Allocation Boosts

• Holding xPURPS grants priority access to exclusive token launches (IDOs).

• Unlike traditional staking models, allocations are determined by participation, referrals, and activity.

• Engaged users get the best opportunities rather than passive holders.

8. Revenue Sharing for Active Holders

• 40% of platform fees are redistributed to active $PURPS holders who contribute to the ecosystem.

• Rewards are tied to engagement, ensuring long-term sustainability.

Incentive & Distribution Model

PURPS is structured to reward real participation—ensuring that only active contributors receive benefits.

✅ Earn PURPS through trading, staking, and ecosystem contributions

✅ Rewards scale with frequency & volume of transactions

✅ No passive distribution—engagement is required

By aligning incentives with participation, PURPS creates a self-sustaining DeFi ecosystem, rewarding users who contribute to its growth.

PURPS fuels the next generation of DeFi on Monad! 🚀