Deflationary Mechanic

Deflationary Contribution via pValhalla/pOHM

An integral part of ODIN’s deflationary mechanics is the interaction with pValhalla/pOHM. This mechanism incorporates both a 1% wrap/unwrap fee and a 0.77% trading fee applied during the conversion between ODIN and pValhalla. Additionally, 33,333,333 pValhalla tokens are permanently locked, earning ODIN through this system. Here’s how it works:

Combined Fee Structure

Whenever ODIN is either wrapped into or unwrapped from pValhalla, or traded within the liquidity pools, fees are applied to support ODIN’s deflationary model and reward stakeholders. The fee structure is as follows:

• Total Fees:

  • 1% Wrap/Unwrap Fee

  • 0.77% Trading Fee

• Fee Distribution:

  • 50% Burn pValhalla: Half of the collected fees are used to burn pValhalla tokens, thereby reducing the total supply and contributing to ODIN’s deflationary model.

  • 45% Reward LP Providers: Nearly half of the fees are distributed to liquidity providers of pOHm/pValhalla, incentivizing continued participation and liquidity provision.

  • 5% PEAS Treasury: A small portion of the fees is allocated to the PEAS treasury, supporting ongoing development and community initiatives.

Permanently Locked pValhalla

• 33,333,333 pValhalla: These tokens are permanently locked, ensuring a continuous earning stream of ODIN through the wrap/unwrap and trading fee mechanisms. This locked position is a key driver for ODIN’s deflationary model, as it consistently reduces the supply of ODIN while rewarding pValhalla holders.

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Visit https://peapods.finance/ for more information including audits on the contracts used to deploy the pValhalla deflationary mechanic.