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Token holders stake P2PonCirclestoattesttomerchanttrustworthinessandearnashareoftheCirclestransactionrevenue.Revenueissplitbasedonworkingcapitalratiowithamerchantpremium.OnlydelegationtoP2P on Circles to attest to merchant trustworthiness and earn a share of the Circle's transaction revenue. Revenue is split based on working capital ratio with a merchant premium. Only delegation to P2P-denominated Circles grants governance voting rights.

How It Works

Stake to attest

Token holders stake $P2P on Circles to signal merchant trustworthiness

Earn revenue share

Delegators earn a share of the Circle’s transaction revenue

Working capital ratio

Revenue split based on working capital ratio with merchant premium

Governance rights

Only $P2P-denominated Circle delegation grants governance voting rights
The full delegation UI and Circle-level reward routing mechanics are planned for a future release.

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