On December 6, according to official information, Pudgy Penguins announced the launch of its native token PENGU, with a total supply of 888,888,888,888 PENGU, and it will be launched on Solana.
The token allocation is as follows:
· Current and future team (1-year lock-up, 3-year vesting): 17.8%
· Expansion: 4%
· FTT holders: 0.35%
· Liquidity: 12.35%
· Public coordination: 4%
· Pudgy community: 25.9%
· Company (1-year lock-up, 3-year vesting): 11.48%
· Other communities: 24.12%
