50% Liquidity Providers & Staking: To reward our fellow Penguins for staking their funds and adding liquidity into the Penguin Ecosystem, half of the supply will be distributed as incentives via the Penguin Igloos (yield farming pools) and the Penguin Nests (staking).
5% Marketing & Community Endowment: In order to ensure PeFi can get to as many people as possible, this allocation will be used for creating competitions such as our recent NFT Artwork Competition and other creative ideas that will drive community engagement, social media exposure, and help support content creators within the Penguin Finance Community. This allocation will allow us to organically grow the project, compensate designers, and community managers.
25% Airdrops: To expand the PeFi Vision and reach as many Penguins as we can around the globe, this allocation will be distributed in several small key strategic distributions within a time span of 3 years to guarantee that they don't affect $PEFI's value short-term.
10% Team Allocation: Given PeFi's mission is to continue pushing out excellent code and features for the coming decade, we will use this allocation to onboard new developers, designers, and marketers into the team and make sure everyone can be a full-time Penguin. This is distributed by the MasterChef rather than being minted beforehand, meaning there is no preallocation.
10% Penguin DAO Treasury: This allocation of the total supply will be held by the Penguin DAO which will be free to use the funds for whatever the Penguin Community sees fit in the future. They may be burnt, distributed, or used for creative proposals that our community will be able to vote on in the future. Given the project is in its early stages and the Penguin DAO isn't yet live, the funds will not be allocated yet to not make the circulating supply of PEFI appear larger than it really is.