Token Benefits
Summary of our token benefits are as follows:
xPT
Automatically redeem at 1:1 basis into PT at TGE. 25% unlocks immediately at TGE, and the remaining 75% is distributed weekly over a 3 week period.
Phemex VIP privileges to those who meet certain xPT thresholds
PT
On-chain, transferable ERC-20 platform utility token
Can be used to pay for trading fees, deposit & withdrawal fees, and gas fees on Phemex
Can be staked for anytime between 1 month and two years to acquire vePT
Stake 1 PT for 1 month = Get 0.042 vePT
Stake 1 PT for 3 months = Get 0.125 vePT
Stake 1 PT for 6 months = Get 0.25 vePT
Stake 1 PT for 1 year = Get 0.5 vePT
Stake 1 PT for 2 years = Get 1 vePT
vePT
DAO Governance
Treasury Management
Trading Reward Boost
VIP Fee Discounts + Airdrops & Earn Boosts
Exclusive Launchpad & Launchpool Access
**vePT benefits are expanded upon in subsequent sections
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