# Token and Distribution

The $PKIN token is the core asset of the Pumpkin protocol, offering governance rights, revenue-sharing, and exposure to all tokens launched via the Pumpkin Fund.

## Tokenomics: 

* **Total Supply**: 1 billion tokens
* **Minting**: All tokens will be minted at the Token Generation Event (TGE).

***

#### Token Distribution:

1. **Launch Event (Liquidity on Raydium)**
   * **Allocation**: 931 million tokens (93.1% of total supply)
   * **Purpose**: Provide SOL/PKIN liquidity in Raydium’s concentrated pool on Solana.
   * **Locking Period**: Permanent liquidity lock.
2. **Protocol Development and Marketing**
   * **Allocation**: 69 million tokens (6.9% of total supply)
   * **Purpose**: Support development, marketing, community incentives, and potential airdrops.
   * **Unlock Schedule**:
     * 0.9% unlocked at launch.
     * Remaining 6% vested over 6 months.

**UPDATES:** 

We've burned 65,507,272.24 PKIN on [Mar 18, 2025](https://solscan.io/tx/3Yc1vdRZFa5Z9eeg6NkY3fqX5eaybdXAt79BHc5kf6Y45Pru1Qjo7RkPEtaeUUMKKue5GEGJTYMd2MLvc2UcgTLc) 

From the 60M $PKIN vested, we used 31,500,000 tokens for [PKIN milestones](https://solscan.io/token/2RBko3xoz56aH69isQMUpzZd9NYHahhwC23A5F3Spkin?exclude_amount_zero=true\&remove_spam=false\&time=1765880220000\&time=1765880459000\&amount=1000000\&amount=undefined\&page_size=100) (so far) and we [vested](https://solscan.io/account/DzN3H5CBTAhcYwW8eD5urLNviMux5jRDpb2hzF8pHNRW#balanceChanges) the remain 28.50M for the next 30d.

***

***Note:*** \
***Pumpkin has not raised funds through any public or private channels and is entirely self-funded by the team.*** \
***This means there are no early investors who bought tokens at discounted rates and could dump them on the market***.

<figure><img src="/files/PXLTCS0aPbjQucEEIjPB" alt=""><figcaption></figcaption></figure>


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