PINT Litepaper

History of the Project

The first iteration of PINT was a farming coin named PUB fair-launched in September 2020. Foregoing an ICO or developer premine, PUB was initially distributed through a high-emission farming schedule that rewarded liquidity providers. A small unstaking tax on the upward of $5,000,000 in farming TVL accumulated in a community-governed war chest (CGW), which funds the development of innovative and engaging products for the Pub.Finance ecosystem. Following the distribution stage, PUB underwent a token upgrade to drastically cut emissions and implement deflationary mechanisms, and, as part of the result of that upgrade, the ticker changed to PINT.

The Flagship Product: Wen Rug

PINT’s flagship product, Wen Rug re-envisions the popular crash game genre. It is fleshed out and gamified with hot streaks, achievement badges, DeFi memes, bonuses, and more.

PINT Economics & Staking

Currently 2.5 PINT are minted per Ethereum block, 100% of which are distributed to staking liquidity providers on the ETHPINT liquidity pool. At present these new emissions act as a liquidity incentive for PINT’s market pair. However, the end goal is for emissions to be cut to zero, and user fees from Wen Rug fill that gap. With zero daily emissions and the potential for buybacks from the CGW, PINT is designed to ultimately enter a state of active deflation.

Community

The development team relies heavily on community input and involvement to help guide the future of PINT through two methods. The first method is PINT’s governance portal on Snapshot.page. Through this process, any address holding 50,000+ PINT is eligible to create a proposal on which the community will vote upon. Votes are tallied through signed messages and weighted according to each voting address’s PINT balance. No minimum PINT balance is needed to vote.

Upcoming Releases

PINT’s current website is a carryover from the high-emission farming distribution days and is a simple fork of the standard farming website design popularized by Yams, Sushi, and Kimchi. Because the current website no longer accurately reflects PINT’s developmental progress or ethos, a brand site is under development for Pub.Finance. The new website will serve as a central hub of information and resources for PINT investors and will be released alongside completely new branding, including a new logo for PINT.

Long-Term Plans

The ultimate goal for Wen Rug is to upgrade into a fully decentralized and noncustodial game. After the open beta of Wen Rug is live and is fully functioning, the next major area of focus for the Pub.Finance team will be to explore and implement a solution to this challenge.

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Pub.Finance

A crashgame website where the owners are the holders of PINT tokens! Our flagship product, WenRug launches Q4 2021.