pMINT

PMINT Price

About pMINT (pmint)

pMINT is a decentralized finance protocol on PulseChain featuring a fixed-supply deflationary token earned through a unique mining mechanism.

• The protocol employs a 32-cycle halving schedule where participants mine pMINT by committing pDAI, with 90% of the commitment returned after 24 hours.
• Holders earn automated pDAI dividends sourced from 3% of all mining activity, creating a perpetual yield stream without the need for staking.
• A multi-vault system utilizes soulbound NFTs to reward long-term conviction with additional loyalty rewards and penalty redistributions from early exits.

What Is pMINT

pMINT is designed as a yield-bearing asset on PulseChain that incentivizes long-term holding through automated dividends and deflationary mechanics. The protocol's primary objective is to create a sustainable ecosystem where value is redistributed from short-term traders to committed holders.

Value enters the system via mining commitments in pDAI. Of every commitment, 10% is distributed to liquidity, dividends, buybacks, and referrals, while the remaining 90% is returned to the miner after a 24-hour lock period. This mechanism ensures that the cost of entry is primarily time rather than capital loss.

The token is put to work through several native mechanisms. Simply holding pMINT in a wallet accrues passive pDAI dividends. Alternatively, users can lock their tokens in the pMINT Reserve vault to receive soulbound NFTs that earn both dividends and pMINT loyalty rewards. These rewards are funded by penalties paid by other holders who break their commitment before maturity.

As the ecosystem grows, the 32-cycle halving schedule significantly increases the cost of mining new tokens. Simultaneously, continuous burns from sells (5%), DEX swap fees (0.3%), and vault penalties shrink the total supply, which is intended to increase the per-token share of future dividends as the circulating supply decreases.

What Makes pMINT Unique

• Fixed Supply: Unlike many DeFi protocols with inflationary models, pMINT has a hard cap of 21,000,000 tokens with no technical capacity to mint beyond the pre-defined mining schedule.
• Immutable Security: All protocol smart contracts are renounced with no admin keys, meaning no central authority can modify parameters, pause the system, or access user funds.
• Cross-Vault Yield: The Conviction Vault allows users to lock various ecosystem assets, with early-exit penalties paying out diversified yield baskets to both pMINT Reserve and pDAI Diamond holders.
• Soulbound Conviction: Vault positions are issued as soulbound NFTs that are non-transferable during the lock period. This ensures that the commitment is tied to the original wallet until the position matures.

What Can You Use pMINT for?

• Dividend Generation: Holding pMINT in a wallet or a Reserve vault to earn a proportional share of pDAI from all ongoing mining activity.
• Conviction Locking: Building a pMINT Reserve NFT to earn additional pMINT loyalty rewards from the protocol's penalty redistribution system.
• Secondary Market Trading: Trading matured vault NFTs on the native NFT Market for pDAI without incurring the standard 5% sell burn or market slippage.
• Liquidity Provisioning: Participating in the pMINT/pDAI or pMINT/PLS liquidity pools to facilitate decentralized trading.

How Does pMINT Work?

pMINT operates on PulseChain, a Proof of Stake blockchain, using a series of interconnected smart contracts. The mining contract follows a 32-cycle curve where each cycle halves the available pMINT allocation and doubles the required pDAI commitment per token. This non-deterministic schedule advances based on miner activity rather than a calendar.

Users pay protocol service fees during mining (10% of commitment) and sells (5% burn). These fees fund the dividend pool, buyback-and-burn mechanisms, and liquidity deepening. The token contract uses a continuous reward-per-token accumulator, ensuring that dividends are distributed fairly to all holders based on their balance and the time held.

To ensure proper execution of trades, the protocol uses a custom native swap router. This router is specifically designed to handle the 5% sell burn, which often causes standard decentralized exchange routers to fail. The router also facilitates a permissionless buyback-and-burn function that can be triggered by any user once a sufficient queue of fees has accumulated.

Team Info and Investors

pMINT was launched with no presale, no team allocation, and no venture capital backing. The project emphasizes a fair-launch model where all tokens in circulation must be mined by participants. All protocol contracts are renounced, and the system operates without admin keys or centralized governance. No specific individual team members or private investors are disclosed in the official documentation.

Where can you buy pMINT?

PMINT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade pMINT is PulseX V2, where the most active trading pair PMINT/DAI has a trading volume of $7,250.91 in the last 24 hours.

What is the daily trading volume of pMINT (PMINT)?

The trading volume of pMINT (PMINT) is $7,250.91 in the last 24 hours, representing a -66.60% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for pMINT (PMINT)?

pMINT (PMINT) reached an all-time high of $0.1213 and an all-time low of $0.02389. It’s now trading -76.20% below that peak and 20.80% above its lowest price.

What is the market cap of pMINT (PMINT)?

Market capitalization of pMINT (PMINT) is $590,339 and is ranked #3372 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PMINT tokens (20 Million tokens are tradable on the market today).

What is the fully diluted valuation of pMINT (PMINT)?

The fully diluted valuation (FDV) of pMINT (PMINT) is $592,413. This is a statistical representation of the maximum market cap, assuming the maximum number of 21 Million PMINT tokens are in circulation today. Depending on how the emission schedule of PMINT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of pMINT compare against its peers?

With a price decline of -43.90% in the last 7 days, pMINT (PMINT) is underperforming the global cryptocurrency market which is down -2.20%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are down -0.50%.