Distribution

Initial supply of 500mm tokens. Distribution at launch:

$PEG (liquid)	%
Airdrop	20%
- multiple seasons
- option to claim 25% liquid or 100% max-locked
- unclaimed $PEG moved to referral incentives after 60 days
Referral incentives	20%
- option to claim 25% liquid or 100% max-locked
PEG Liquidity pool	12%
- 6% LBP, 6% pairing
- 100% of LBP proceeds deployed as PEG liquidity
Hyperliquid spot incentives	2%
Series A reserve	5%

$vePEG (locked)
Angels	6%
- auto max-locked
- 15mm fdv, no vest
Hyperstable Treasury	20%
- auto max-locked
- votes for peg liquidity pools & partner pools.
- market buys & max-locks PEG with all earnings
Hyperstable Team	15%
- auto max-locked
- market buys & max-locks PEG with all earnings, first year