The funds collected during Phase 2 of the IDO starting on ${PHASE2_START} will be used as operating capital for Q1-Q3 of FY 2023. All of the collected funds will be in the form the ShareCash stablecoin with 22.2% of the proceeds reserved for liquidity on decentralized exchanges as well as for fiat liquidity to support the PSC and PSS tokens. 5% of the funds will be reserved for transaction fees on various platforms where PSS/PSC tokens transactions will occur. PS will begin to actively recruit technical talent and blockchain engineers with 37.8% of the funds allocated to platform development to support continuous development of ShareCash liquidity portal as well as the smart contract infrastructure for further decentralization of the PS Protocol and on-chain governance functions for StakeShare holders. 15% of the funds will be used to drive sales in the PS Marketplace with 30% of the Marketing Budget going to the expansion of the marketing department under the CMO.
