FAQ

Why does P2P need a token?

P2P on/off ramping is essential financial infrastructure in emerging markets. Without a token, control over this infrastructure stays with a single operator who can change fees, censor users, or shut it down. The token transfers that control to the community.

Is this an ownership token?

Yes. This is protocol ownership, distinct from equity in a traditional company. The "Why the Token Exists" section above covers the full ownership thesis.

How does the MetaDAO-style sale work?

Users commit USDC during a 4-day window. If oversubscribed, allocations are pro-rata. Existing protocol users receive a preferential allocation at the same valuation as all ICO investors, based on their XP on p2p.foundation. No private rounds happen at TGE. The sale is the primary distribution event.

What unlocks at TGE?

10M sale tokens + 2.9M liquidity tokens (12.9M total, 50% of supply). Zero investor or team tokens unlock at launch.

How does treasury-funded value accrual work?

20% of protocol revenue flows to the on-chain treasury, planned to increase to 35% as the protocol matures—subject to MetaDAO futarchy governance. Token holders decide how to deploy these funds. Buy-and-burn is one approved mechanism—tokens purchased on the open market and sent to the zero address. The treasury is funded entirely by real transaction revenue from a working product. More protocol usage means a larger treasury and stronger governance-directed value accrual.

Is supply fixed?

Yes, fixed at launch (25.8M). Future issuance requires governance approval via futarchy. The protocol runs on transaction revenue, not token emissions.