PeakMonsters PKM Utility Token - Airdrops & Profit Sharing
If you are a Splinterlands player, I'm sure you have visited PeakMonsters to check the market, rent your cards or examine data related to your Splinterlands performance. Being one of the best third-party markets of Splinterlands, PeakMonsters created its own token (PKM) for several use cases.
PKM Token will be used for Tournaments, Liquidity Pools of PKM / SPS, and for Profit Sharing with the stakeholders who hodl PKM token. Today, the liquidity pool by the team was created for people to make their initial purchases before airdrops have started. So, you can visit Diesel Pool or Beeswap and swap your SPS tokens for PKM tokens.
Note: As of writing, 1 PKM makes 0.10507875 SPS. I do not think the price will always be at these levels 🆙
52 Weeks of Airdrop
Here we have another great airdrop that is going to add value to our Hive ecosystem and gaming experience.
The %75 of PKM token is allocated to be distributed to PeakMonsters users.
You have 2 ways to receive the airdrop:
- Make purchases in PeakMonster market that are above $10 for Large Transaction Airdrop (As of 21st of March)
- Get Big/ Main 52 Weeks of Airdrop according to your Tier Level on PeakMonsters. It will be 1/3 of your yearly volume on the platform (As of 23rd of March)
What's my tier? Where can I find it ?
When you visit your profile on Peakmonsters, you will see a number that is assigned as your account tier.
Your tier is calculated based on your trading volume over the last 52 weeks.
As you can see on the screenshot, the tier of this account is 1. So, how many tokens will people receive according to their tiers?
Here you can see the tier list on Tier Based Airdrop page of the documents.
For the first 2 tiers, not many things will happen in for the airdrop. However, starting from the third tier that requires $50 of purchases, there is going to be 15 PKM tokens to be distributed.
You can also check Large Purchase Airdrop section to view how many tokens can be received for your large purchases.
Tokenomics & Profit Sharing
When I check the tokenomics, I appreacite the distribution of tokenomics to sustain the growth and utility of the token in the long run. Especiall when the LP Rewards and Airdrops are distributed, the market should have an incentive / a narrative to keep the value of the token up without selling off.
Note 2: The liquidity pool of PKM / SPS is launched today but the Initial Reward Pool will be given as of 24th of March.
The Initial Liquidity Pool Incentive by Peakmonsters team will be $20,000 of Splinterlands assets.
According to the post by @pkm-token, the liquidity pools will be filled with Vouchers, PKM, SPS and DEC for the liquidity providers.
These incentives will be distributed starting from 24th of March. In addition to this initial incentive, the team plans to share $3,000 of their profit with the liquidity providers.
Our profits go up and down each month so our donations to the Reward Pool will change monthly. We suspect it will be at least $3000 monthly but as Splinterlands and PeakMonsters grows those donations may go up.
Personal Action Plan
The token launched is done from 1/10 ratio. Considering the upcoming stakeholdership mechanism for the utility token, I believe we can multiply our initial investment within 2022.
For the upcoming 10 days:
I'll convert all my SPS airdrop to PKM token regardless of the ration (1/10 to 1/1)
Besides, I'm going to convert my Swap.Hive to SPS to increase my PKM token share pool.
On 24th of March:
I'll provide liquidity to the pools to enjoy the incentive of Splinterlands assets. After that day, I'll try to compound my share with the earnings from the pool. (Self-fulfilling)
TL;DR
@peakmonsters has creadted PKM utility token of the third party Splinterlands market named PeakMonsters. As of today, you can buy the token from the PKM/SPS liquidity pools of Diesel Pool and BeeSwap. The token is still traded for 1/10 ratio and it is likely to increase in value, why?
The airdrop process will take 52 weeks and the airdrop will be based on your account tier (according to your purchases in the last 12 months) and your large purchases (above $10). From 24th of March, the liquidity pools will be filled with $20,000 of Splinterlands assets to incentivize token holders. Besides, the team will share their profit (from $3,000) weekly with the liquidity providers according to their profit from the market.
After the launch of PolyCUB, I believe it is the second great thing in Q1 2022 for our Hive ecosystem 😎
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The people doing V2K with remote neural monitoring want me to believe this lady @battleaxe is an operator. She is involved deeply with her group and @fyrstikken . Her discord is Battleaxe#1003. I cant prove she is the one directly doing the V2K and RNM. Doing it requires more than one person at the least. It cant be done alone. She cant prove she is not one of the ones doing it. I was drugged in my home covertly, it ended badly. They have tried to kill me and are still trying to kill me. I bet nobody does anything at all. Ask @battleaxe to prove it. I bet she wont. They want me to believe the V2K and RNM in me is being broadcast from her location. And what the fuck is "HOMELAND SECURITY" doing about this shit? I think stumbling over their own dicks maybe? Just like they did and are doing with the Havana Syndrome.
They are reckless and should have shown the proper media what they had before taking me hostage for 5 years.
What would you say while having a gun pointed at your head from an undisclosed location? Have people find it? My hands are tied while they play like children with a gun to my head. Its a terrorist act on American soil while some yawn and say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth? https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
Got me some PKM. Yes, share the revenue with me :'D
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Hahaha I'll initiate another profit sharing with you mate 😄
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https://twitter.com/idiosyncratic1_/status/1503478363444465666
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Super interesting stuff.
I’ll be providing liquidity as well, please do a reminder post before the d-day 😉
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1/10 ratio for PKM/SPS is like for free 🤤
Love it!!! I'm going to wake you up mate, no worries ✌
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hmmm seems the airdrop is super low considering the price currently. 1000 PKM ~ 20 Hive.
but great post :)
Actually the great event has not started yet. On 24th of March, the rewards will be filled to the pool. On that day, liqudity providers will start receiving additional incentives :)
yeah I guess part of the value of pkm is to provide liquidity with it