Pentagon Games (PEN) Tokenomics
Pentagon Games (PEN) Information
Pentagon Games is building a multichain entertainment hub powered by its zkEVM-based Pentagon Chain, offering secure, immersive, AI-driven 3D experiences, integrating brands and IP with Web3 technologies, and driving mass adoption and cross-chain interoperability.
Pentagon Games (PEN) Tokenomics & Price Analysis
Explore key tokenomics and price data for Pentagon Games (PEN), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
In-Depth Token Structure of Pentagon Games (PEN)
Dive deeper into how PEN tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
Overview
Penguin (PENGU) is a meme token associated with the Pudgy Penguins ecosystem. It is primarily an SPL token on Solana, with cross-chain deployments as an ERC-20 on Ethereum and Abstract via LayerZero OFT technology. The maximum supply is approximately 88.89 billion PENGU.
Issuance Mechanism
- Initial Distribution: PENGU was distributed via an airdrop to holders of Pudgy Penguins, Lil Pudgys, and Pudgy Rods NFTs, as well as to OG Ethereum and Solana wallets, DeFi participants, Pudgy Penguin Soulbound token holders, and FTT tokenholders.
- No Ongoing Issuance: There is no evidence of ongoing inflation or additional issuance mechanisms beyond the initial airdrop.
Allocation Mechanism
| Allocation Category | Amount (PENGU) | % of Max Supply | Vesting/Locking Details |
|---|---|---|---|
| Pudgy Community | ~23.02B | ~25.90% | Airdrop, no vesting |
| Other Communities | ~21.44B | ~24.12% | Airdrop, no vesting |
| Current & Future Team | ~15.82B | ~17.80% | 1-year cliff, 3-year vesting |
| Liquidity | ~10.98B | ~12.35% | Unlocked for liquidity provision |
| Company | ~10.20B | ~11.48% | 1-year cliff, 3-year vesting |
| Proliferation | ~3.56B | ~4.00% | Not specified |
| Public Good | ~3.56B | ~4.00% | Not specified |
| FTT Holders | ~0.31B | ~0.35% | Airdrop, no vesting |
- Airdrop Claim Period: Originally planned until March 9, 2025, but ended early on February 9, 2025, due to bot activity.
- Burn Event: Over 12.00 billion PENGU (~13.69% of supply) unclaimed from the airdrop were burned on February 5, 2025.
Usage and Incentive Mechanism
- Primary Use: PENGU is a meme token with no featured or planned utility beyond being held or traded for speculative purposes.
- No Incentives: There are no mechanisms for earning fees, additional tokens, or compensation by holding or using PENGU.
- No Governance: PENGU holders have no voting rights, claims on capital, or profit-sharing. The project team retains full control over protocol changes.
Locking and Unlocking Mechanism
- Team & Company Allocations: Both are subject to a 1-year cliff followed by a 3-year vesting schedule. This means tokens allocated to these groups are locked for the first year, then gradually released over the next three years.
- Other Allocations: Most airdropped tokens were immediately available, with no vesting or locking.
- No Public Unlock Schedule: The project team did not disclose allocation addresses or a detailed unlock calendar.
Token Distribution and Concentration
- Top Holders: As of April 2025, the top 10 Solana wallet addresses hold ~65.84% of the supply. The second-largest holder is a burn address.
- Bridged Supply: Portions of PENGU are bridged to Abstract and Ethereum, with significant concentration among a few addresses on each chain.
Summary Table
| Mechanism | Details |
|---|---|
| Issuance | One-time airdrop, no ongoing issuance |
| Allocation | See allocation table above |
| Usage | Meme token, speculative trading only |
| Incentives | None |
| Locking | Team/Company: 1-year cliff + 3-year vesting; others: mostly unlocked |
| Unlocking Time | Team/Company unlocks over 4 years from TGE; airdrop tokens unlocked at distribution |
| Burns | One-time burn of unclaimed airdrop tokens (Feb 5, 2025) |
| Governance | None; project team retains all control |
Additional Notes
- No Buyback/Burn Mechanism: Aside from the one-time burn, there are no ongoing or planned buyback/burn programs.
- No Superuser Privileges: The project team retains the ability to make protocol changes, but there is no evidence of superuser privileges to modify user balances.
- No Privacy Features: PENGU does not anonymize transactions.
Conclusion
PENGU is a meme token with a simple economic structure: a large, one-time airdrop, significant allocations to the team and company with standard vesting, and no ongoing utility, incentives, or governance. Its primary function is speculative trading, and its supply is highly concentrated among a few addresses, with most tokens now unlocked except for team/company allocations under vesting.
If you need more granular details (such as a full unlock schedule or wallet-level distribution), please specify.
Pentagon Games (PEN) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Pentagon Games (PEN) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of PEN tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many PEN tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand PEN's tokenomics, explore PEN token's live price!
How to Buy PEN
Interested in adding Pentagon Games (PEN) to your portfolio? MEXC supports various methods to buy PEN, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Pentagon Games (PEN) Price History
Analyzing the price history of PEN helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
PEN Price Prediction
Want to know where PEN might be heading? Our PEN price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Buy Pentagon Games (PEN)
Amount
1 PEN = 0.001886 USD