The $PENIS Endowment is getting close.
The community has been working hard to build the one holder that never pulls out.
The goal: stand up a self-sustaining 200M coin $PENIS endowment whose yield goes to buying more $PENIS and improving liquidity. Future endowment mandates could expand to using endowment-generated yield for holder distributions and other community goals.
How it works:
• Pledge your $PENIS dividends in one wallet transaction
• Your $PENIS never leaves your wallet
• Only the $PUMP your $PENIS earns gets collected, not $PUMP you buy or other rewards
• Every collection is held at least 24 hours for review, and you can reclaim it anytime before release
• Cleared $PUMP dividends buy $PENIS for the endowment, where it's locked, with no sell function
• Stop pledging dividends anytime on our site: just connect your wallet and click Leave
• Buy, sell or move your $PENIS freely, pledged or not
• Dividend collection starts once 30% of total supply is pledged, pauses below 25%, resumes at 30%, and automatically stops at the 200M $PENIS goal with no action required by you
We either build the endowment together or not at all.
Launch date and full pledging details coming soon.
Your $PENIS stays in your hands. Your dividends give everyone a larger $PENIS, and who doesn't want that?
The #NBAFinals is tied 1-1!
As we look ahead to Game 3, we're going to give away:
🏀 1 Bam Redemption
🏀 1 Butler Redemption
🏀 1 Jokic Redemption
🏀 1 Murray Redemption
Reply with your TS name + RT this post to be entered.
Winners will be randomly selected on Wednesday.