6. Pilot token

As the governance token of the Pilot protocol, PTD will serve as the core utility token of the entire Pilot product portfolio, including equity and reward sharing through the provision of liquidity or protection agreements and management procedures. Especially for Pilot over-lending, there is a liquidity farming program that provides users with PTD rewards because they channel liquidity on the protocol through deposit and borrowing of assets. As the Pilot protocol continues to innovate in the DeFi field and develop more Pilot series products, PTD token holders will be able to propose key protocol parameters for all Pilot products and suggestions on how products interoperate and make decisions. PTD tokens will continue to be the main tool to adjust incentives for community builders and supporters, create a strong DeFi enthusiast community, and jointly help promote the development of the Pilot ecosystem.

Total supply：100,000,000

Token distribution mechanism：

Distribution	Proportion	Address Publicity	Notes
Team	8%	0x128f866f6f4518decf6abc87bb526bb59ab25417	Locked in the first month
Airdrop	1%	0x0f8300a291a11Cd6949f4e4b35AB6A3eF2cFF69c	/
Investors	6%	0x1885992786673cA3D8cff222351c8A1d167d8567	Locked in the first month
Marketing	5%	0x6E8c229681A80657404bCef7bcA95289a71157c3	/
Farming	70%	Check the "Farming pool token distribution mechanism" details	/
Risk reserves	10%	/	/

Farming pool token distribution mechanism：

Type of pool	Address Publicity	First week production	Next week production
pHT non-loss	0x82fBD740824B4A3d699BA9d676A5443f350b59ab	140 thousand	reduce 30%
pUSDT non-loss	0x70Be80d70083eB2BB088D95ef274a1B88e6598Ac	140 thousand	reduce 30%
pHBTC non-loss	0x86ffc35a3cd6f03A96558783fFA2e08C9D01cf05	70 thousand	reduce 30%
pETH non-loss	0x02e31AbB76b643126B4ADd8b38010B074A7E3E64	70 thousand	reduce 30%
PTD/HT no leveraged liquidity	0x85dcaec17af51e3759e4e443f36780d5543e7fc6	140 thousand	reduce 30%
PTD/pUSDTno leveraged liquidity	0xf8562DBc2FeAcb9F1C297aF49d73E11a62BC3616	140 thousand	reduce 30%
HT/USDT leveraged liquidity	0xe07da19386eacf88f62b2b0aeb336a5903bb02da	112 thousand	reduce 30%
HBTC/USDT leveraged liquidity	0x155b6c4a7663bd0afbd6e4fac4d8e128aa229b5f	70 thousand	reduce 30%
ETH/USDT leveraged liquidity	0xa37692234b8ed150bb7b2d03611139f9da401936	112 thousand	reduce 30%

Token re-purchase record

Round	Amount	Start from	End time
1st	$100 thousand	11:00 March 23, 2021	11:00 March 30, 2021
2nd	$500 thousand	11:00 April 1, 2021	11:00 April 8, 2021