xPURPS Token

xPURPS: Governance & Loyalty Token

Token Overview

• Name: PURPS Governance Token

• Ticker: xPURPS

• Blockchain: Monad

xPURPS is a non-transferable, escrowed version of PURPS that grants governance rights and unlocks exclusive benefits within the PURPS ecosystem. Users can acquire xPURPS by staking PURPS or participating in protocol activities like liquidity provision.

Governance & Utility

xPURPS is the core governance token of the PURPS ecosystem. Holding xPURPS enables users to:

✅ Vote on governance proposals – Influence protocol upgrades and ecosystem decisions

✅ Participate in liquidity incentive allocations – Help shape the rewards structure

✅ Gain access to premium features – Unlock exclusive ecosystem perks

✅ Increase loyalty tier & benefits – Access enhanced rewards, launchpad allocations, and exclusive services

xPURPS holders have no claim to PURPS core assets or operational control—governance is strictly limited to protocol-related decisions.

Conversion & Redemption

xPURPS follows a convertible model where PURPS can be staked for governance power and loyalty benefits, with structured redemption mechanics.

🔄 Conversion: PURPS → xPURPS

• Instant 1:1 conversion ratio

• PURPS is staked and locked as xPURPS

🔁 Redemption: xPURPS → PURPS

• Redeeming xPURPS back to PURPS requires a vesting period

• The conversion ratio increases with longer vesting durations:

• 15-day vesting → 1 xPURPS = 0.5 PURPS

• 180-day vesting → 1 xPURPS = 1 PURPS

• Vested PURPS is only claimable after the full vesting period ends

• Early vesting forfeits a portion of PURPS, which is redirected to the Eco Treasury to support protocol incentives

❌ Canceling Redemption

• Users can cancel a redemption before the vesting period ends

• The full xPURPS amount is restored, but no PURPS is received

Additional Benefits

🗳 Governance

xPURPS represents governance power within PURPS DAO. Higher xPURPS holdings equate to greater voting influence. Only fully staked xPURPS counts toward voting power—any xPURPS in vesting is excluded.

🚀 Launchpad Access

xPURPS is used as a launchpad participation requirement. Holders can gain:

• Guaranteed allocations in new project launches

• Increased buy limits based on xPURPS balance

• Additional weight for early-access events

More utilities for xPURPS will be introduced as the PURPS ecosystem expands.

xPURPS isn’t just governance—it’s your key to deeper ecosystem rewards.