How are Pepe minted? Staking and Rewards System Staking:

Staking: Users can stake WOJAK tokens in the contract to earn PEPE rewards. When tokens are staked, they are transferred to the contract, which updates the user’s staking balance accordingly.

Rewards Calculation: Rewards are calculated based on the number of Ethereum blocks that have passed since the last calculation and the user’s staked amount. The difficulty parameter plays a crucial role here: a lower difficulty setting results in higher rewards, while a higher difficulty setting reduces the reward rate.

Minting Rate Calculation: The maximum minting rate for PEPE tokens is determined under the following conditions:

• 100% of the WOJAK supply (11,000 WOJAK) is staked.

• Ethereum produces approximately 7,171 blocks per 24 hours.

• The difficulty is set to 1, the lowest possible value that allows for minting.

• The calculation is as follows:

wojakStaked * rewardBlocks / difficulty = 11,000 * 7,171 / 1 = 78,881,000 PEPE

This means that if all WOJAK tokens are staked, the maximum minting rate achievable for PEPE is 78.881 million PEPE per day.

Minting Cap: The minting process is influenced by the difficulty parameter. Lower difficulty settings allow for a higher minting rate, while higher difficulty reduces it. The maximum minting rate is achieved when the difficulty is set to 1, potentially minting up to 78.881 million PEPE tokens per day under optimal conditions. However, minting is inherently capped by Solidity’s uint256 limit, ensuring that the total supply never exceeds the maximum allowable amount.

Claiming Rewards: Users can claim their PEPE rewards by paying a tax in Ethereum. Once the tax is paid, the corresponding PEPE tokens are minted and transferred to the user. The tax is then forwarded to a designated address known as "chad", which is 1 of the 3 tokens of the ecosystem, ensuring that the ecosystem remains sustainable and that there is a continuous incentive for staking and participation.