$PRESS
$PRESS is the native token of Capital Press. It is live on Robinhood Chain.
Contract
| Address | 0xF5Edd864ff6982870254FB6Faf6BDAD652ebeD2F |
| Chain | Robinhood Chain (chain id 4663) |
| Symbol | PRESS |
| Decimals | 18 |
| Total supply | 1,000,000,000 |
Check the address
This is the only $PRESS contract. Any other address claiming to be $PRESS is not ours. The address is also shown on the $PRESS page and announced by @CapitalOnPress.
What it's for
Holders earn a share of platform revenue. The platform's revenue is the 10% treasury fee on every unlock, so as more presses are read, more revenue reaches holders.
- A reader unlocks a press and pays the publisher's price in USDG.
- 10% goes to the treasury. See Pay per read.
- A share of treasury revenue is distributed to $PRESS holders.
Still to be announced
- Distribution
- The exact share of revenue that goes to holders, and the schedule
These will be published here and on the $PRESS page.
WARNING
Nothing here is investment advice.