$ 0.005477
3 years ago
(2.74%)
Pamp Network is a price-reactive cryptocurrency. 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.
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 between 1-3% of the transfer burned.
Try our free PAMP Network (PAMP) portfolio tracker if you want to efficiently keep track of your PAMP and other coin/token investments.