PLR
The PLR token serves as both a governance and utility token in the Pillar DAO ecosystem, granting holders decision-making power and incentives for participation.
Features
Governance: PLR holders vote on governance decisions, including yield strategies and treasury management.
Staking Rewards: Users who stake PLR receive a share of protocol revenue.
Ecosystem Utility: PLR is used for liquidity incentives, protocol fee sharing, and governance participation.
Tokenomics
Airdrop & Early Users
10% (100M PLR)
3-month full lock, followed by 3-month linear vesting.
Protocol Owned Liquidity
~5% (50M PLR)
A portion of PLR supply will be paired with USDC from the raise to form protocol-owned liquidity. The exact amount will be based on a percentage of total USDC raised.
Staking & Yield Rewards
35% (350M PLR)
Distributed over 3+ years as staking rewards.
Treasury
29.86% (298,706,932M PLR)
Controlled by governance for sustainability and protocol expansion.
Team & Advisors
10% (100M PLR)
10% unlock after 1 month, another 10% at 2 months, followed by 10-month linear vesting of the remaining 80%.
Presale
10.13% (101,293,068M PLR)
No vesting
Total Supply
100% (1B PLR)
Sale
To ensure strategic entry pricing and accommodate different forms of participation, the PLR token sale will follow a tiered structure,
Preseed
~37.2M PLR (3.72%)
Exclusive
WL1
~53.325M PLR (5.33%)
Users who lock more than 20,000 stpUSD for 1 month during the initial phase
WL2
~49.5M PLR (4.95%)
Users who lock more than 10,000 stpUSD for 1 month or receive allocations through community & ecosystem deals
Public
~110M PLR (11.00%)
Open to all
Last updated
