The first
price-reactive cryptocurrency

The PAMP token contract rewards
holders when the price increases, and
penalizes sellers when it does not.

Introducing
Pamp Time (PTIME)

The world's first staking time derivative
captures and encapsulates the value
that Pamp Network staking time represents.

How does it work?

Holders earn rewards on price increases

Reward the Brave

When the token price appreciates, token holders receive staking rewards based on several factors including the percentage price increase, how long they have been holding for and how many tokens they hold. Rewards are distributed on a daily basis!

Sellers are punished with 8% fee

Punish the Weak

If the token price does not appreciate, no rewards are minted. Sellers who move their tokens around have their stakes reset, negating any bonus rewards they may receive when the token appreciates in value.

In addition, PAMP is deflationary, meaning that all token transfers have 8% of the transfer burned. On negative days, this increases by 2% per day until the price is positive again. Holders are strongly incentivized to buy tokens and HODL for as long as possible, and are penalized for not doing so.

Don’t take our word for it, check what we have under the hood.

Punish the Weak

If the token price does not appreciate, no rewards are minted. Sellers who move their tokens around have their stakes reset, negating any bonus rewards they may receive when the token appreciates in value.

In addition, PAMP is deflationary, meaning that all token transfers have 8% of the transfer burned. On negative days, this increases by 2% per day until the price is positive again. Holders are strongly incentivized to buy tokens and HODL for as long as possible, and are penalized for not doing so.

Don’t take our word for it, check what we have under the hood.

Sellers are punished with 8% fee

Reap the rewards of holding PAMP tokens

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Hold PAMP Tokens

No need to run complicated nodes to receive staking rewards. The Pamp Network is neither PoW or PoS, meaning there is no mining cost or staking risk involved. Just buy and HODL in your own web3-enabled wallet. We recommend MetaMask.

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Claim Your Stakes

When the latest prices have been updated, visit our website and claim your staking rewards. Internally, this calls the smart contract function that determines how much you are owed based on the price change and other factors such as how long you have been holding for.

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Grow Your Stack

As long as you HODL and claim your stakes every positive day, your portfolio will appreciate! It’s as simple as that. HODLers are incentivized to keep HODLing, and sellers pay high fees and lose future staking rewards when they don’t HODL.

Receive rewards by staking PAMP and ETH on Uniswap

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Earn additional rewards,
regardless of price action

Pool your PAMP and ETH tokens into a common Uniswap liquidity pool and earn additional, constant rewards regardless of price action.

Security Audits

We have completed internal audits of our smart contracts. While we are satisfied with the results, we are also reaching out to our community to help ensure the integrity and security of Pamp Network.

We are offering the following to any Solidity developer who is eager to perform a bug hunt for us:

100,000 PAMP

for a bug that allows you to duplicate tokens and/or increase your account balance maliciously (but is not related to staking or rewards).

50,000 PAMP

for a bug that allows a user to abuse rewards and/or staking functionality.

10,000 PAMP

for a bug that prevents a user from claiming rewards (after following all rules regarding rewards).

Roadmap

May 2020

Development Finishes

June 2020

Staking Launch

July 2020

Marketing campaign and exchanges

August 2020

New website and staking contract V2

September 2020

Mobile Wallet and Chainlink Oracle Integration

October/November 2020

Betting dApp Work and Deployment

Q1 2021

DAO Deployment

Q3 2021

Polkadot Implementation + Parachain Deployment

Frequently Asked Questions

What is Pamp Network?
Pamp Network is a price-reactive cryptocurrency that adjusts its inflation rate based on market demand. When the price appreaciates, holders receive rewards proportional to the percent increase, the days held, and the amount held. To put it simply, Sellers pay high burn fees that increase on negative days, and Holders receive rewards on positive days.
How does it work?
Every 24 hours, the price change is recorded in our smart contract on Ethereum, and if it's positive, rewards are available for all holders of 200 PAMP or more. If it's negative, sell burn fees may increase, depending on the number of days in a row the price has been negative.
How can I claim rewards?
Every day the price is positive, simply navigate to pamp.network/staking and claim your rewards. Currently, you must have a balance of at least 200 PAMP to stake. If you move or sell tokens, you will pay a fee of 8% and your staking time will reset, which will significantly decrease your rewards. If you receive 20% of your tokens (by purchasing them or otherwise having them transferred to you), your staking time will be decreased by 1 day.
What is the minimum staking amount?
Currently, the minimum amount to receive price-reactive staking rewards is 200 PAMP. For Uniswap liquidity staking, there is no minumum to stake and receive rewards.
What is liquidity staking?
Exchange liquidity is important, as it allows for trading activity to occur. Without sufficient liquidity, our protocol likely would not work as intended. Therefore, we incentivize liquidity provision via Uniswap liquidity tokens (UNI-V2). When you add liquidity to our Uniswap liquidity pool, you are rewarded liquidity tokens (UNI-V2) that represent your share of the liquidity in the pool. You can stake these tokens via our liquidity staking smart contract for regular rewards in PAMP. Unlike price-reactive staking, liquidity staking gives rewards every day automatically, regardless of price action.
Which gives better rewards, liquidity staking or price-reactive staking?
It depends on price action. During times of very positive price action, price-reactive staking will make more, and during times of negative price action, liquidity staking will make more. On average, however, our goal is to make the rewards about the same.
Who governs the oracle?
Currently, the Pamp Network team uses a backend service that queries Uniswap for pricing data three times a day and then updates the smart contract on Ethereum with the average percent change. We are working on upgrading this service to query for the price once every hour. In the future, we will use the Chainlink Oracle for decentralized price updates.
Have the contracts been audited?
Yes. You can view the security audits above.
I can't sell on Uniswap?
Click on the gear in the top right hand corner and set slippage to 15%. If that does not work, try 20%. This is due to the sell burn fees that are part of the Pamp Network incentive mechanism.
What is Holder's Day?
Once a month, usually at the end of the month, we activate Holder's Day, which is a day that all holders of 30 days or more can get a nice bump in their rewards, regardless of price action. The current holder's day reward formula is: tokens received = balance * (days staked / 600) So for example, on this day, a holder of 30 days will receive 5% and a holder of 60 days will receive 10% (and 10% is the maximum any holder can receive).
Why is the team anonymous?
The team has decided to remain anonymous so that their software can be released to the public freely and without concern for their private lives. Our vision is that the project will take on a life of its own and decentralized projects do not always need a public leader. We believe that if the code is open-source, it shouldn’t matter who wrote it.

Join the best, join the Pamp Network