# PLUSH Token

The PLUSH token is Stone Temple Binance's farming token, and it is rewarded by all staking and liquidity pools.

**Benefits**:

* 25% of all deposit fees are automatically used to provide liquidity support for PLUSH
* 50% of all dApp and other platform revenue will also be used to provide AMM support for PLUSH
* PLUSH will be a payment token for many platform services, including Lootcrate and Slot Machine initially and Poker and our full game later
* PLUSH is useful for staking, as it has high pool multipliers and no transaction tax for staking, unstaking, or making/breaking LP&#x20;
* If the community decides to move on to Layer 2, PLUSH will be swappable for Layer 2 presale tokens!

**Transaction Fee:**

* A 6.66% transfer tax is deducted from each PLUSH token transfer by default:
  * 3% automatically provides automated market making (AMM) support for PLUSH
  * 3% goes to STB stakers
  * 0.66% is burned
* An additional 10% "**Asshole Fee**" is charged for dumping PLUSH on the AMM liquidity pool
  * Community members are requested to sell their tokens [over-the-counter (OTC)](https://polywantsacracker.gitbook.io/stone-temple-binance/platform/over-the-counter-otc-market)
  * There is no excuse not to comply with this request, as our OTC engine is audited and released on Polygon Network already
* Several "**Non-Asshole**" actions are exempted from all transfer fees:
  * Staking and unstaking in all Stone Temple Binance pools
  * Liquidity Provider (LP) token formation and destruction using our helper contract
    * Our special helper contract **MUST** be used to obtain the exemption for adding/removing LP
    * The helper contract will be linked on our website
  * Market buying PLUSH tokens (PancakeSwapV2 LP pairs, 'from' direction only)
  * Sending to any Layer 2 presale contract that is implemented after activating the [Killswitch function](https://polywantsacracker.gitbook.io/stone-temple-binance/features/killswitch-function)

**Token Details:**

* Ticker: PLUSH
* Contract address: 0xb16c6118a0f290ECFD5A1f762DD3a77f7E798678
* Chain: Binance Smart Chain (BSC)
* Initial supply: 800,000 PLUSH
* Max Supply: None
  * In both Layers 1 and 2 on Polygon Network (PolyWantsACracker and Stadium Arcadium), the farming token (LITHIUM and ARCADIUM) expanded its supply to \~2.67x of its original value in \~2 weeks
  * This resulted in an initial supply expansion of 11.5%/day for LITHIUM
  * ARCADIUM had a higher emission rate on the first day, which worked well
  * After the initial emission boost, Layer 3 (Darkside Finance) had an initial supply expansion rate of about 4%/day, which was too low. Consumers seem to demand more rapid emissions than this.&#x20;
  * **In Stone Temple Binance, the overall PLUSH supply expansion is 20.5%/day for the first day and 14%/day over the first 2 weeks to ensure both longevity and customer satisfaction**
  * The PLUSH emission rate per block is reset at the conclusion of each STB half-life epoch
    * A new emission gradient is calculated that sets a new target emission per block at the end of the next 4-week half-life epoch &#x20;
    * The rate can also be left constant if no further gradient in emissions is desired
* Minting of both STB and PLUSH tokens stops on a set timetable when [Killswitch function](https://polywantsacracker.gitbook.io/stone-temple-binance/features/killswitch-function) is activated

#### Distribution:

![](https://567860685-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mk-rmmRsstv2_4f9T3O%2F-MkoCYE3T_mTdaVP7aLW%2F-MkoDhVmiQrrWVy18kwp%2Fimage.png?alt=media\&token=e8dc03e2-f950-4f3e-a22b-b6d7adfdc2de)

Distribution of 800,000-PLUSH starting supply:

| Destination              | PLUSH   |
| ------------------------ | ------- |
| BUSD Presale             | 300,000 |
| Polygon Network swappers | 300,000 |
| Liquidity                | 100,000 |
| Partnerships             | 100,000 |

* Any tokens that go unsold in the BUSD presale will not be circulated. Any unsold PLUSH will be held for partnerships or remain uncirculated.
* An amount equal to the PLUSH sold in the public BUSD presale will be distributed to Polygon Network swappers.

**Emission Rate:**

{% hint style="success" %}
PLUSH will emit a satisfyingly large amount of tokens initially by following the "**Mirror to the Moon**" emission pattern!
{% endhint %}

For the initial period after emissions begin, we have retained a modified version of the "Mirror to the Moon" emission pattern, as our experiments with it during Layers 2 and 3 on Polygon Network were successful! The initial emission gradients last 2 weeks.&#x20;

| gradient | time start (hr) | time end (hr) | range top | range bot | total   |
| -------- | --------------- | ------------- | --------- | --------- | ------- |
| 1        | 0               | 0.25          | 69.42     | 6.942     | 11454.3 |
| 2        | 0.25            | 8             | 6.942     | 4.2       | 51810.3 |
| 3        | 8               | 24            | 4.2       | 4.2       | 80640   |
| 4        | 24              | 336           | 4.2       | 2.42      | 1239264 |

\*Note: The PLUSH emission rate can be changed to a new value anytime after the first 3 days if it becomes evident that adjustment is in the best interests of the platform.

![Y: PLUSH/block; X: Hours after start](https://567860685-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mk-rmmRsstv2_4f9T3O%2F-MlVh2kK2PTRYenzb44Y%2F-MlVpYPw_qoBTkVQKXCR%2Fimage.png?alt=media\&token=fec44f19-57e3-4175-8a7a-096de862bb85)

#### What does the "Mirror to the Moon" accomplish?

* Emits >21 hours' worth of emissions in the first 8 hours (compared w/lowest rate)
* Displays incredibly high initial APRs
* Makes environment incredibly appealing to non-native stakers
  * Apes will throw in money with both fists
  * 75% of the deposit fees are distributed gradually to STB stakers
  * 25% of the deposit fees automatically go towards PLUSH AMM support
* Rapidly tapers down emissions after the initial rapid phase
* Reduces emissions linearly towards the end of the first 2 weeks
* Provides more rapid compensation of deposit fees with only a temporally isolated impact on overall emissions
* Slightly More rapid supply expansion than Polygon Network platforms&#x20;

After the first half-life era (4 weeks), we will set a new linear emission gradient that ends at the end of the following 4-week period to result in the desired supply expansion according to the needs of the platform at the time. The emission can also be kept flat by not entering a gradient. (STB emission halves during each half-life era transition).

© 2021 Sugandese Tokens
