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  • Welcome!
    • 📜impactMarket's Whitepaper
    • 1. Overview
      • The Context
      • The Concept
    • 2. impactMarket's Products
      • Microcredit
        • Theory of Change
        • Microcredit Ecosystem
        • Piloting Microcredit in Uganda
      • Unconditional Basic Income (UBI)
        • UBI Theory of Change
        • impactMarket UBI Ecosystem
        • Multiplier Effect of UBI
        • Impacts on the Communities and Beneficiaries
        • More about Communities
          • Highlighted Stories
            • ARTICLES
            • UKRAINE - UBI for Ukraine
            • BRAZIL
            • ZIMBABWE- Kunzwana Women's Association,
            • UGANDA - Women Rights Initiative
            • UGANDA - YOTU community
            • GHANA - Krisan Refugee Camp
            • PHILIPPINES - Montalban Action Group
            • ARGENTINA - Mujeres 2000
            • CAPE VERDE - Midjora nha vida
            • PERU - Agape Hand Community
            • VENEZUELA - San Pedro del RĂ­o Community
          • Communities
          • How to apply a community?
      • Libera Crypto Wallet
        • Libera Theory of Change
      • Learn & Earn
        • Learn & Earn Theory of Change
    • 3. impactMarket's Protocol
      • PACT Token
        • PACT Theory of Change
        • Impact Farming and Staking
      • Voting & Governance
    • 4. Impact Measurement
      • Reports and Case Studies
  • COMPANY TOOLKIT
    • Our People
    • Brand and Media Kit
      • On the news!
    • Legal
      • Data Privacy Policy (GDPR)
      • Terms and Conditions of Use of the impactMarket App and Website
      • Privacy Policy
      • Terms and Conditions of impactMarket’s $PACT Token IDO
    • Partnerships
  • Developers
    • Audit
    • Smart Contract
      • How to integrate
    • API
    • Environment
      • Alfajores Testnet
      • Mainnet
    • Technology
      • Blockchain
      • DAO
      • Tools we use
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  1. Welcome!
  2. 3. impactMarket's Protocol

PACT Token

Previous3. impactMarket's ProtocolNextPACT Theory of Change

Last updated 1 year ago

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. It acts as a global medium of governance that empowers participants through decision-making and comprehensive incentive mechanisms.

Token holders will be granted the ability to influence the protocol's future health, direction, growth, and impact:

  • Voting power delegation: Any token holder can delegate voting power to themselves, someone they trust, or key protocol participants. You can vote with any amount of tokens; you don't need to stake them, only hold them in your wallet.

  • Communities´ verification and validation: Each new UBI community will be submitted as a proposal and reviewed by token holders, who can vote for its approval. Verified communities can request funding directly from the DAO.

  • Manage/Update: key parameters, calculation formulas, treasury allocation, and incentives.

Tokenomics

  • Total Supply: 10 Billion PACT over the next 10+ years (starting from 2021).

  • Distribution: 40% to the community, 30% to impactLabs, 20% as DAO reserve, and 10% to early participants.

$PACT is impactMarket's governance token