Pacman is a decentralized leverage yield & liquidity aggregation protocol, community-oriented on Arbitrum. Pacman Finance will be a community-driven project where token holders can vote on proposed changes to the protocol, ensuring transparency and fairness. All performance fees will be distributed to VePAC token stakers who hold the governance power of the system.
Pacman Leverage yield farming is supported by the combination of a robust incentivization system CFOO - a unique vetokenomics system and multi-liquidity leverage yield farming provided by SushiSwap, UniSwap and Ve(3,3) permissionless liquidity market.
The benefits of Pacman Finance
1. Concentrated Liquidity
Pacman leverages its liquidity in order to concentrate capital by farming ETH Pairs which greatly improves capital efficiency for liquidity providers and reduces liquidation risks.
2. Unique Vetokenomics
Pacman built a vetokennmics system based on Curve and FOO around VePAC and oPAC to reduce the frequency of farm and dump scenarios and increase longevity.
3. ETH Liquidity Extension Aggregator
By increasing the utilization rate of ETH funds on the lending side, Pacman allows you to draw interest-free loans against Ether used as collateral.
Moreover, projects can get further efficiency boosts from the vetokenomics, offering LSD services on Arbitrum.
PAC is the native token of Pacman Finance.
Pacman Token
- Name: Pacman
- Symbol: PAC
- Decimals: 18
- Total Supply: 30,000,000 PAC
- Address: TBD
VeIDO | Token reserved for VeIDO. The unlock part of the token will circulate immediately after IDO and the locked part will be locked in the VePAC. |
Team | All of the team's shares will be locked into a 2-year vePAC when the protocol launches. |
Treasury | The treasury will hold the LP tokens of PAC/USDC and PAC/ETH. Its funding will come from VeIDO, the transaction fees of the protocol, and the discount fees in the option token. For details, please refer to the treasury. |
Liquidity Incentive | Reserved for liquidity mining. The pool allocation will be announced and can be adjusted by governance. |
Airdrops/ Marketing | 3% of this amount will be airdropped to early users and early liquidity providers in multiple rounds. Additionally, 4% of this amount will be distributed as incentives for campaign activities, marketing, collaboration, and other contributors. |