v1
  • What is Papaya?
  • Liquid Staking v1
    • How Staking Works in Papaya v1
  • Liquid Staking v2
    • How Staking Works in Papaya v2
  • Papaya DAO
    • Purpose
    • Implicit Governance
    • Voting Power
      • Why Weighted Voting?
  • PAPA Tokenomics
    • What is PAPA?
    • Utility and Revenue Distribution
    • How to get PAPA
  • FAQ
  • Liquidity Mining Program
  • Partnerships
  • Smart Contracts
    • Architecture
    • Contracts
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  1. PAPA Tokenomics

What is PAPA?

PAPA is the secondary token issued by Papaya protocol.

PAPA is not a governance token

PAPA captures the fee revenue that is generated by the system and incentivizes early adopters.

PAPA holders can stake their tokens to redeem a portion the fees generated by trades on the Proactive Market Maker as STX as well as fees collected from PoX Stacking rewards as sBTC.

Last updated 1 year ago