Pinecone Finance PCT Price N/A

Pinecone Finance is a next-gen yield optimizer protocol on BSC focusing on single asset mining. By providing users with multiple farming strategies including a unique double-layer compounding strategy, as well as anti-flash loan attack mechanisms, we aim to provide DeFi users with high returns while minimizing risks. Holders of PCT tokens can enjoy sustainable income through profit-sharing from various sources, including performance fee (BNB) and transaction fee (PCT).

Pinecone’s flash loan attack defending system works in two levels: 

•  It restricts direct access from 3rd party smart contracts unless they go through the white list approval process including stringent security checks
•  It sets a max transaction limit per block to ensure no flash loan attackers can profit from dumping large amounts of PCT to profit within one block.

Pinecone Token (PCT) is the world's first productive and reflective token with dual rewards (PCT+BNB) system native to Pinecone Finance ecosystem. Pinecone protocol users (farmers) will also receive PCT tokens when they deposit their assets on Pinecone. The Pinecone Token (PCT) has a max supply of 1,000,000,000 and will be released in a dynamic manner correlating to the earnings of the Pinecone protocol. For every 1 BNB earned through the performance fee, 4,000 PCT are minted and distributed in the following way:

• 2% for presale
• 78% will be distributed to the users (farmers) of the protocol
• 10% vesting to seed investors over the entire lifecycle (linear release proportionally with the minting of all tokens)
• 10% vesting to team and advisors over the entire lifecycle (linear release proportionally
• with the minting of all tokens).