Technology
This section outlines the technical specifications, distribution mechanisms, and operational features of the PARK token, as well as the supporting contracts essential for maintaining its on-chain ecosystem.
Network Infrastructure
PARK token will be issued on the ERC-20 standard on Arbitrum One.
Token Contract Functions
mint(address to, uint256 amount): Allows minting new tokens to a specified address, only callable by the contract owner.
setTotalSupply(uint256 newTotalSupply): Adjusts the total token supply, only callable by the owner.
burn(uint256 amount): Allows users to burn tokens, reducing the total supply.
Initial Token Issuance
All tokens will be minted initially and distributed across multiple wallets corresponding to their allocation pools (e.g., Investors, Community). Wallet addresses are TBA.
Multi-signature and access control mechanisms based on Fireblocks will manage wallets, ensuring secure processing of transfer transactions and execution of other smart contract methods after tokens are minted.
Key Addresses
Investors (Tier 1-4): TBA
Liquidity Pool/MM: TBA
Partnerships: TBA
Core Contributors: TBA
Community Programs (e.g., Marketing, Staking): TBA
Minting Key Destruction
After initial issuance, minting keys will be destroyed to prevent future minting and unauthorized manipulations of the token supply.
Lock-up and Vesting Contracts
Tokens distributed to pools (Investors, Team, etc.) will be locked in smart contracts using the Sablier service according to specific vesting schedules. Each pool will have unique locking and unlocking parameters, and the vesting process will be managed in real time via the Sablier protocol.
Contract source:
https://arbiscan.io/address/0x785edf1e617824a78efe76295e040b1ae06002bf#code
Lock Contract Addresses
The list of lock contracts for each token pool will be published upon token launch, ensuring transparency and accountability in the distribution process. These contracts secure tokens and release them only according to the predefined vesting schedule.
Investors Tier 1 (Pre-activation & Working Pool): TBA
Investors Tier 2 (Pre-activation & Working Pool): TBA
Investors Tier 3 (Pre-activation & Working Pool): TBA
Investors Tier 4 (Pre-activation & Working Pool): TBA
Liquidity Pool (Working Pool): TBA
Partnerships (Working Pool): TBA
Core Contributors: Team (Working Pool): TBA
Core Contributors: Advisory (Working Pool): TBA
Community: Marketing/Retrodrop (Working Pool): TBA
Community: Liquidity Incentives (Working Pool): TBA
Community: Staking (Pre-activation & Working Pool): TBA
Token Distribution
Distribution: Token distribution will occur through the Sablier platform, which will automate the transfer of tokens according to the vesting schedule set for each group, as described in the tokenomics section.
Real-Time Tracking: The Sablier streaming protocol allows participants to track token distributions in real-time, ensuring full transparency.
Token Claims: Tokens will be available for the recipient to claim after the specified unlocking period, according to the individual vesting schedule. Depending on the platform, tokens will either be transferred automatically or require the recipient to manually claim them.
If the user purchases tokens through the launchpad, their wallet address will be specified in Sablier. If the purchase was made on the EarnPark platform, the centralized address of the EarnPark platform will be specified in Sablier, from which tokens will be subsequently distributed to users' wallets.
This structured overview of EarnPark’s technology infrastructure ensures a secure, transparent, and fully auditable token ecosystem, protecting user trust and platform integrity.
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