The PAL token is an ERC20 token, with Governance power over the Paladin ecosystem.
It allows PAL holders to govern and control the Paladin Protocol, to propose and implement changes in the Protocol parameters, add new components or even new functionalities.
The PAL token is currently non-transferable, and not available on any DEX or other DeFi protocol. This will be changed later through a Governance Proposal.

Token Distribution

The following graph gives a breakdown of the PAL supply at token genesis. Future updates will include Liquidity Mining incentives and a native tokenomics system.
PAL Distribution at Genesis
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