Documentation

Smart contract addresses, protocol details, and tokenomics

Smart Contract Addresses

Abstract Mainnet (Chain ID: 2741)

$PENGU Token

0x9eBe3A824Ca958e4b3Da772D2065518F009CBa62

$BURN Token

0x5a374C38811EAB87e7788a0b4056cD00FB44A1E4

BurnPengu Contract

0xC0B26f109dB1f9b87Da92cF3Baf643e51Ac293e5

Treasury Manager

0xA82eBf168bCd7749C895B55DF1d1326fF8e0415c

Contract Verification

All contracts are verified on the Abstract block explorer. You can view the source code, read contract data, and verify transactions directly on-chain.

Tokenomics

$BURN Token

$BURN is the deflationary reward token minted when users burn $PENGU. It has governance rights and benefits from automatic buyback & burn mechanisms.

Supply Model:Dynamic (Uncapped)
Theoretical Max:~89.3B
Expected Range:1-10B
Blockchain:Abstract (L2)
Token Standard:ERC-20

Epoch Rewards

Total Epochs:17 + Forever
Epoch Requirements:1M → 8M $PENGU
Highest Multiplier:88x
Forever Rate:1:1
Total from Epochs:2.42B $BURN

Treasury Allocation (12% of $PENGU Burns)

Treasury funds are strategically deployed to create continuous value for $BURN holders through automated mechanisms and ecosystem growth.

Buyback & Burn

Automatically buys $BURN from Uniswap V3 and burns it forever, creating deflationary pressure

Liquidity Provision

Deepens PENGU/$BURN pools for efficient trading with minimal slippage

Development Fund

Protocol development, security audits, and infrastructure improvements

Ecosystem Growth

Strategic partnerships, integrations, and future utility features

Why $BURN Will Be Scarce

  • •88% of each $PENGU burn is destroyed, not converted to $BURN
  • •Only a fraction of $PENGU holders will participate
  • •High multiplier epochs have limited supply (517M from first 17M $PENGU)
  • •Treasury automatically buys & burns $BURN permanently
  • •Continuous deflationary pressure reduces supply over time
  • •Result: $BURN becomes increasingly scarce and valuable

Protocol Details

Burning Mechanism

Users send $PENGU tokens to the BurnPengu contract. The contract automatically:

You burn

$PENGU

→

88% Burned

To 0xdead

12% Treasury

→

You receive

$BURN

Epoch System

The protocol uses a dynamic epoch-based reward system with increasing requirements:

Epoch Model:Dynamic Requirements

Epochs start at 1M $PENGU and increase by 1M each epoch until reaching 8M, then stay at 8M. Multipliers decrease from 88x to 1x.

Future Upgrade:Governance Control

Epoch parameters can be adjusted via governance voting based on market conditions

Treasury Management

12% of all burned $PENGU is allocated to the protocol treasury for strategic reinvestment:

Source12% of Each Burn
PurposeStrategic Reinvestment
Future PlansBuybacks, Liquidity, Growth

Governance

$BURN holders have voting rights on protocol decisions:

  • •Adjust epoch parameters and multipliers
  • •Treasury allocation and buyback strategies
  • •Protocol upgrades and new features
  • •Buyback frequency and slippage parameters

Security & Audits

The Burn Pengu protocol is built with security as a top priority:

  • •All contracts are verified and open-source on Abstract block explorer
  • •Built using industry-standard OpenZeppelin contracts
  • •Comprehensive test coverage with Foundry
  • •Community-reviewed code with transparent development

Roadmap

✓

Phase 1: Core Protocol

COMPLETED
✓Burn-to-Mint mechanism with dynamic multipliers
✓Epoch-based reward system (88x → 1x)
✓Treasury allocation & strategic re-Investment
✓Real-time statistics & leaderboard
2

Phase 2: Enhanced Features

IN PROGRESS
→Liquidity pool deployment (PENGU/$BURN)
→Advanced analytics dashboard
→Enhanced buyback reporting & transparency
→Social features & leaderboard enhancements
3

Phase 3: Governance & DAO

PLANNED
○Governance voting system for $BURN holders
○Community treasury proposals
○Dynamic epoch parameter adjustments
○Revenue sharing for $BURN stakers
○Protocol fee adjustments via governance
○DAO-controlled development fund allocation
4

Phase 4: Ecosystem Expansion

FUTURE
○DeFi integrations (lending, yield farming)
○NFT achievements & exclusive holder benefits
○Strategic partnerships with DeFi protocols
○Referral program & incentivized growth
○Additional utility features driven by community

Note: This roadmap is subject to change based on community feedback, market conditions, and governance decisions. Timeline estimates will be provided as each phase approaches completion.