# 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：**&#x31;00,000,000&#x20;

#### 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  |
