Competitive Advantage

A New Approach to Launching a Token

In a departure from traditional token launches, the entire supply of PION tokens was locked at launch. At launch, the only liquid supply of PION came directly from the Muon team.

As mentioned in PION Tokenomics, users must run nodes to earn tokens. To do so, a user must acquire PION tokens and lock them as a bonPION NFT which is not liquid. They can do this either by purchasing PION from the market or through the node-drop. Thus, a limited and controlled supply of PION tokens were available and the demand for PION tokens exceeded the available supply.

Moreover, since users must hold PION tokens to operate nodes, there is a strong incentive to accumulate and hold the tokens, which should further contribute to long-term growth.

With this structure, the PION token launch encouraged users to become active participants in the network rather than simply buy and sell tokens for short-term gains. This strategy has been implemented to fosters a robust and decentralized ecosystem with numerous nodes contributing to the long-term stability and security of the network.