Token Allocation
The total supply of $PAYC Tokens to be issued will be 99,999,999,999 and the purpose, allocation and distribution schedules for the Tokens are as follows.
The supply of PAYC Token will be reduced by -66% of its original supply to 65999999999 units due to a burn mechanism. Every six months PAYC will burn some PAYC according to its revenue. Thanks to this burning mechanism, the supply of PAYC will gradually decrease and its scarcity will increase.
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