# PND (pnd DAO Token) ### What is PND? PND (pnd DAO Token) is a utility token (ERC20) associated with the punodwoɔ Protocol. Initial supply is 450,000,000, and 550,000,000 will be distributed to users as rewards over the long term. The distribution speed (amount) can be adjusted through open discussion. Total supply is 1,000,000,000. Ticker: PND Contract address: [0x5fff1443cb859e17e9a6786f7e24c369f22fd002](https://etherscan.io/address/0x5fff1443cb859e17e9a6786f7e24c369f22fd002) DEX link: ### Allocation

Percentage (%)	Category	Notes
5	Developer Rewards
5	Initial Investors	Airdrop to TXJP holders
5	DEX LP	IAO 1%, Uniswap TXJP pool 1%, Uniswap CJPY pool 1%, Curve 2%
5	Community Treasury	defigeek.eth
5	Initial User Rewards
10	Curve LP Rewards	Annual 2% vesting over 5 years
10	Phase 2 Investors	2-year cliff, release in year 3
55	User Rewards	Long-term distribution as lending incentives

### What is vePND? vePND is a non-transferable token obtained by locking PND. At maximum 4-year lock, 1 PND = 1 vePND. At 1-year lock, 1 PND = 0.25 vePND. It decays over time. The lock period can be extended to a maximum of 4 years at any time, but cannot be shortened or released. ### Uses of vePND Earning protocol fees Earning PND rewards Other expansions planned --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://pnd-docs.defigeek.xyz/punodwo-dokyumento/english/pnd-pnd-dao-token.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.