About $PWET
PWET is an on-chain universe mining game on Solana. Stake SOL on a 5×5 grid, win rounds, and mine from a 6,900,000 PWET capped supply, with the majority emitted slowly over time through mining rounds.
Concept
PWET ($PWET) is a probability-based mining game on Solana. Players deploy SOL on a 5×5 grid of blocks. When the round ends, one winning block is selected on-chain, SOL from losing blocks is redistributed to winners, and new $PWET is minted as mining rewards from a fixed supply.
The more SOL you deploy on a block, the more of that block you control and the higher your chance of taking the round.
Concept
- On-chain 5×5 SOL mining grid
- Winning block chosen by the program
- Rewards paid in SOL + freshly mined PWET
Overview
PWET is an on-chain, game-first token with a capped supply and no large VC allocations. At genesis, around 15.5% of supply is preminted across two public premints and the initial protocol allocation, and the remaining ~84.5% is mined in-game over time.
All core actions - deposits, round resolution, rewards, emissions, and protocol fees - are controlled by the PWET Miner program on Solana. The frontend never takes custody of funds.
Overview
- ~84.5% of supply mined in-game
- 15.5% preminted at genesis (LP + public premints + warchest)
- Everything enforced by the Solana program, UI only - no custody
Mining
Each round runs on a 5×5 grid of blocks:
- Pick one or more blocks and deploy SOL on them.
- When the timer hits zero, a winning block is chosen.
- SOL from losing blocks is pooled and distributed to miners on the winning block, proportional to their share of that block.
- Winners also receive newly minted $PWET as mining rewards.
Mining
- Deploy SOL on any of 25 planets
- One planet wins each round
- Winners stack SOL + PWET rewards
Dual Motherlode (PWET + SOL)
Alongside regular rewards, a separate Motherlode pool can build up over time. Certain rounds have a chance to hit the Motherlode when the winning block is revealed, paying a jackpot-style bonus to that round's winners.
PWET uses a dual Motherlode: the jackpot is paid out in both $PWET and SOL. A portion of emissions is routed into the PWET Motherlode pool, and a portion of protocol/admin fees is forever injected into a SOL Motherlode vault, so when it hits, winners receive extra PWET plus extra SOL.
This helps miners stay in the loop longer without needing to dump tokens just to get SOL back, aiming for a healthier, more sustainable game economy.
Motherlode
- Dual jackpot: PWET + SOL
- Funded from emissions + SOL fees
- Designed to keep miners playing longer
Tokenomics
Supply
PWET has a hard-capped maximum supply of 6,900,000 tokens. It is intentionally set at roughly 1/3 of Bitcoin's 21M to keep numbers tight and to mirror a halving-style distribution in a smaller universe.
At genesis, 15.5% of supply is preminted across two public premints and the initial protocol allocation. The remaining ~84.5% is mineable via the PWET Miner game over time.
Supply
- Hard cap: 6,900,000 PWET
- 15.5% preminted at genesis · ~84.5% mineable
- Premint used for LP + early mine + warchest)
Premint Allocations (15.5% total)
The PWET universe launches with two public premints plus an initial protocol allocation at genesis:
- 5% (345,000 PWET) - Premint #1 at 6,900 PWET per SOL, routed into protocol-controlled liquidity and reserves.
- 2.5% (172,500 PWET) - Premint #2 at 3,450 PWET per SOL, used to deepen liquidity and widen distribution.
- 5% (345,000 PWET) - Initial LP seeding at genesis.
- 3% (207,000 PWET) - Protocol warchest for LP bulking, airdrops, community events, incentives, integrations, and other strategic usage.
On the SOL side, when the premints collectively reach 100 SOL, 75 SOL is injected directly into the main PWET–SOL LP at launch. The remaining 25 SOL is reserved for arbitrage and secondary DEX liquidity to help stabilize price and bootstrap volume.
This totals 1,069,500 PWET (15.5%). The remaining ~84.5% of supply can only be earned in-game via mining and future staking.
Premint
- 15.5% total premint at genesis
- When premints hit 100 SOL → 75 SOL to LP, 25 SOL to arb/DEX
- 3% warchest for LP bulking, airdrops, events, incentives
Emission curve
Emissions follow a Bitcoin-inspired curve but scaled to PWET's 6.9M supply. As more of the supply is mined, the base PWET reward per round steps down over time.
The schedule moves from 16 → 8 → 4 → 1 PWET per round across four 25% phases. Early rounds emit more PWET; later rounds emit very small, steady amounts until the cap is fully mined, giving PWET a multi-year mining lifecycle without open-ended inflation.
Phase 1
0 - 25% mined
16 PWET / round
Light initial emissions tuned to ~1/3 of a 21M / 50 per round curve.
Phase 2
25% - 50% mined
8 PWET / round
First halving - rewards step down as more of the supply is discovered.
Phase 3
50% - 75% mined
4 PWET / round
Second halving - emissions slow further as the universe matures.
Phase 4
75% - 100% mined
1 PWET / round
Final era - minimal, steady emissions until the cap is fully mined.
The PWET Miner program enforces these halving-style bands on-chain: as total mined supply moves from one phase to the next, the base PWET mined per round steps down automatically.
Emissions
- Halving-style schedule across phases
- Base PWET per round steps down to a 1 PWET tail
- Multi-year mining lifecycle with a hard cap
Demand drivers
Demand comes from mining, staking, and protocol buybacks. A portion of protocol SOL revenue is used to buy back PWET on the open market and route it into long-term sinks such as the bury vault, treasury, and future staking rewards.
Demand
- Used for mining and future staking
- Buybacks reduce circulating supply
- Protocol fees loop back into PWET
Fees
PWET charges small, transparent fees which are handled directly by the program:
- Protocol fee: a percentage of each round's SOL pool is collected as protocol revenue and routed to the treasury, buybacks, and long-term reserves.
- Admin fee (1%, SOL only): a 1% fee on each deploy is taken in SOL. The design targets roughly half of that admin fee flowing into the Dual Motherlode (SOL side) and the other half going to the Admin Fee Wallet to fund development and operations.
- Referral rewards: when referrals are enabled, miners who join via your ?ref= link can route a small slice of their mining activity back to you as SOL rewards. The target design is to pay referrers around 1% of referred mining, funded from protocol/admin fees, without diluting PWET supply.
- Claim/refine fee: when you refine unrefined PWET (see below), a 10% fee is applied to the amount being refined. Of that 10%:
- 90% goes to PWET buybacks and bury (reducing circulating supply).
- 10% goes to stakers as SOL yield from the refine flow.
Exact fee splits and referral percentages are enforced by the on-chain PWET Miner program and may be tuned as the game evolves, but always remain visible and verifiable on Solana.
Fees
- 1% admin fee in SOL (feeds Dual Motherlode + devs)
- Protocol + refine fees loop back into PWET
- Referrals earn SOL on friends’ mining
Refining
When you win a round, your PWET rewards are first tracked as unrefined PWET inside your miner position on-chain. Refining is the process of turning this unrefined balance into liquid PWET in your wallet.
- New rewards appear as unrefined PWET in your position.
- When you claim/refine, a 10% refine fee is applied. The remaining 90% is minted/transferred to your wallet as normal PWET.
- The refine fee is split: 90% used for protocol buybacks and bury and 10% streamed to stakers in SOL as a yield source.
On the Mine page you will see this as Unrefined PWET in your position and a separate PWET balance in your wallet.
Refining
- Wins show up as unrefined PWET
- Refining takes a 10% fee
- Fee powers buybacks + SOL staking yield
Referrals
PWET includes an optional on-chain referral system. Share your personal ?ref=YOUR_WALLET link - when miners join and deploy SOL through the PWET Miner program using your link, you can earn a cut of their activity.
- Invite friends, guilds, or communities to mine PWET using your referral link.
- The system is designed so referrers earn SOL-based rewards (around 1% of referred mining volume), sourced from protocol/admin fees rather than minting extra tokens.
- This keeps PWET supply clean while still rewarding the people who bring new miners into the universe.
You can view your live referral stats and link on the Referral page in the app.
Referrals
- Share a ?ref= link with your wallet
- Earn SOL from your friends’ mining
- Rewards funded from fees, not extra inflation
Staking and future use
PWET is designed to plug into additional utilities over time:
- Staking to share in protocol fees and SOL yield from refine fees.
- Incentives for liquidity and ecosystem integrations.
- Governance hooks where PWET balances can influence future game parameters and upgrades.
Staking
- Stakers earn SOL from refine fees
- Ties PWET to protocol revenue
- Hooks for governance and upgrades
Links and Addresses
Key addresses and connection details for the PWET protocol.
Mint
The SPL mint address for the PWET token on Solana.
Program ID
The on-chain program ID of the PWET mining contract.
Treasury
The protocol treasury PDA/wallet that holds protocol funds and long-term reserves.
Buyback and Bury Wallet
Wallet used for PWET buybacks and the bury mechanism that removes tokens from circulation.
Admin Fee Wallet
Wallet that receives the 1% admin fee from deploys to fund operations and development.
Warchest
Wallet used to bulk LP positions and hold strategic protocol reserves, including airdrop and event budgets.
Premint Vault
Vault that receives SOL and PWET from premint phases before routing into LP and protocol-controlled allocations.