PY3 Coin Whitepaper
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Abstract. PY3 Coin is a cryptocurrency project initiated by an experienced software engineer and mathematician. It aims to provide a stable, low-volatility token with predictable growth behavior, coded distribution logic, and decentralized governance plans. PY3 is built for developers and anyone seeking a transparent financial tool.
1. Introduction
PY3 Coin represents a new kind of digital asset — not just a store of value, but a governed mechanism that encourages stability, long-term holding, and predictable behavior. It introduces innovations such as price-based emissions, automatic burning of unsold tokens, and HODL-oriented rewards to achieve steady organic growth.
2. Token Distribution & Initial Emission
- Initial supply: 500,000 PY3 deployed on Ethereum and Arbitrum (250,000 in each)
- Total initial supply: 1,000,000 PY3 distributed across main networks (including Polygon, Base, Optimism, BNB, zkSync)
- Contract address is the same across supported networks: 0x3B38DD55c72CFA23A8e269b205f92316CaCD6A3e
3. PY3fication Mechanism
Each emission burns remaining unpurchased tokens from the previous round. A reward of 31.4% of the newly emitted amount is distributed to token holders (vesting: 31.4 days).
- For the first py3fication, at least 10% of the initial emission must be sold
- For subsequent py3fications, at least 50% of the previous emission must be sold
- Each emission will equal 2 × 31.4% of the total circulating supply
4. Reserve Fund & Volatility Smoothing
- 10% of all sales go into the reserve fund
- 20% of the fund supports price stability in pools
- 80% is used to buy tokens during market drops (2x, 4x, 8x down)
Unallocated tokens and 20% of the reserve fund will support a gradual price growth of 3.14× over 20–200 days during the initial phase. After each py3fication, the same combination will support further 3.14× growth over x–2x days, where x is based on previous growth durations.
5. Stabilization and Forks
- The PY3 contract will go through a stabilization phase
- Fixed (non-upgradable) versions (e.g., PY3V1, PY3V2) might be created to enhance security for holders during contract changes
- A 1:1 exchange between main and fixed versions will be available
- Audit finalizes the contract
6. Stable Asset: stPY3
A future version of PY3 (e.g., stPY3) will aim to maintain consistent purchasing power, adjusted by external price indices, to become a reliable medium of exchange.
7. Governance and Institutional Path
In case of significant market cap growth, PY3 governance may evolve into institutional frameworks, inspired by successful decentralized models.
8. π-Day Celebration
Pi Day (March 14) will be celebrated with an annual bonus from unsold emitted tokens and reserve fund.
9. Referral System
A referral mechanism will be introduced using unique links, enabling early contributors and promoters to benefit from growing adoption.
10. Growth Visualization and Emission Scenarios
- Fast growth by 3.14× over 20 days: explains emission trigger and bonus distribution
- Moderate growth over 100 days: shows adaptive py3fication and vesting
- Extended growth over 200 days: demonstrates smoothing by reserve fund and bonus timing
Each case explains the role of reserve, unsold tokens, and how emissions adapt to growth pace.
11. Transparency & Public Data
- Real-time token stats, emissions, reserve balance, and next py3fication estimates will be published on the website
- The list of maintained pools will be available and updated regularly
12. Community & Links
The “Community & Links” section on the official site will list all platforms covering token development, discussion forums, and public coordination spaces for project governance.
13. Launch Phases
- July 21–27, 2025 — PY3 will be offered only through pre-arranged private agreements
- Staring July 28, 2025 — Liquidity pools will be formed and the public marketing campaign will begin