To ensure fair distribution by allocation and schedule, 3space is adopting an inflation smart contract to provide a linear and trustless environment for PACE circulation.
PACE tokens will be wrapped and transferred to the Klaytn network, where it will be distributed in block units by the contract. Initially, 0.9% of the supply will be allocated for pool creation and Klayswap drops, followed by PACE-KLAY and PACE-KSP liquidity pool on Klayswap. Note: As of January 26, tokens on the Klaytn network have been transferred BACK to Ethereum after the end of the fair launch. Details can be found here.
Total fixed supply: 100,000,000 PACE
Initial circulating supply: 976,960 PACE
Contract distribution: 99,023,040 PACE (Linear inflated distribution for one year, 3.14 PACE per block)