Pepe Unchained, a crypto project spawned from the 'original' PEPE memecoin, is gaining traction.

So far, the project, dubbed Pepe Unchained (PEPU), has raised over $17 million in pre-sale.

PEPU aims to become an L2 solution to make transactions faster and cheaper, which to be fair is pretty much what most L2 want to do.

But that's beside the point.

The point is, over one billion $PEPU tokens have already been staked.

Speaking of which, according to their whitepaper, PEPU plans to allocated 20 percent of the total supply for presale, 20 percent for marketing, 20 percent for blockchain development, 30 percent for staking and the remaining 10 percent for liquidity.