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Welcome to Protocol X

The Future of
Auto-Compound
Staking is Here

ProtocolX is a large-scale ecosystem that seeks to serve as the future of decentralized finance. Having one basic formula or business model in a protocol allows significant failure points, often relying on one avenue for growth and development. ProtocolX brings a new element to DeFi by implementing an ever developing, expanding, and growing ecosystem that all feeds into each other.

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How it Works

ProtocolX utilizes strategically coordinated and planned variables to facilitate a protocol that all constantly and positively feeds into each other. Whether you simply want to buy PTX to enhance it and earn a daily APR or get into the depths of the ecosystem, ProtocolX serves every level of DeFi investor accordingly.

Each development is designed to further benefit the entire protocol and create an environment that promotes long-term growth and development.

Partnerships
chainbetsharityvaultAssureEGO

Token Features

PTX

PTX

$PTX is the fundamental token of ProtocolX. PTX is strategically developed to facilitate interaction and growth of the protocol. PTX has a buy and sales fee associated with it, with a 4% buy and 8% sales fee.

ePTX

ePTX

Enhanced PTX (ePTX) is a token representation of enhancing PTX to allow it to be utilized for all aspects of the ecosystem. ePTX can be staked to earn daily rewards, utilized directly with the XSWAP and XLottery, and otherwise designed to promote growth of the ecosystem.

pUSD

pUSD

PUSD is an algorithmic token that is 100% backed by BUSD. This means that it is effectively designed to only appreciate over time. PUSD has a 2% buy / 2% sale / 2% transfer tax. 100% of the taxes are utilized to burn the token and bolster the algorithmic price appreciation mechanics.

XSwap

XSwap

$XSWAP is the governance token of ProtocolX’s Decentralized Exchange and will serve as a farm token for staking, farming, locks, and more.

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Protocol Features

SEM (Sustainability Emissions Model)

SEM (Sustainability Emissions Model)

The SEM is a unique and intricate aspect of ePTX. By enhancing PTX to ePTX, you begin to accumulate additional ePTX. The staking APR begins at 1.77% daily, and APR will decrease by 10% each month. This will continue each month for twelve events, ending with a fixed .5% daily yield rate of ePTX.

XShare NFTs

XShare NFTs

The first genuine passive income NFTs that do not rely on new investors to continue to give a yield. Owning a ProtocolX NFT (XShare) is your direct share of the company's revenue stream. The XShare pool will be distributed to owners in real time, simply requiring you to claim your accumulated rewards.

XKeys

XKeys

XKeys are ProtocolX’s direct link to XShares and XLottery, allowing even those who do not want to mint their own XShare NFT to benefit from the ecosystem. XKeys can be created by exchanging ePTX, effectively burning the ePTX in exchange for XKeys.

Farming and Staking

Farming and Staking

XSWAP has the capabilities to implement liquidity farms, staking, and vaults for ePTX and $XSWAP. Farm token (XSWAP) with a variable APR to coincide with emission rates of this token, and integration of vaults, bonds, and additional features to create more utility for all tokens within ProtocolX.

XLottery

XLottery

XLottery is automatically drawn and relaunched weekly via the introduction of a Lottery Proxy Generator. XKeys are utilized to burn ePTX for Lottery Tickets. XLottery is funded by the XSWAP fees, with 0.08% of fees going directly to the active Proxy Lottery.

XSwap

XSwap

XSWAP is a uniquely and strategically designed decentralized exchange for the utilization of DeFi protocols and to host various farming, staking, locking, and other mechanics within ProtocolX. Tokenomics: Allocations 0.17% to the LP to pay Liquidity ProvidersAllocates 0.08% to the current XLottery Proxy as the reward pot

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The Vaults

ProtocolX gives users access to vaults by "Enhancing" your PTX for ePTX to earn a daily APR. With our Enhance system, you can lock your PTX V2.0 tokens (current PTX token) and lock them up to receive daily rewards. Please note, this is excluding PUSD rewards. Benefits of Enhancing:

Flexible APR % rewards are distributed and changed due to the amount of time you choose to lock your PTX tokens. See your Enhance profited rewards that you have earned since starting your lock. The APR % is based on the amount of time that you choose to lock your PTX tokens which has the following options:

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1 Week — 0.5% Daily rewards / 5% early withdrawal fee
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1 Month — 0.8% Daily rewards / 10% early withdrawal fee
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3 Months — 1% Daily rewards / 15% early withdrawal fee
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6 Months — 1.35% Daily rewards / 25% early withdrawal fee
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12 Months — 1.77% Daily rewards / 50% early withdrawal fee
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This means that the longer you lock your PTX tokens, the higher the daily yield which means the higher the rewards distributed to your wallet daily.

XShare NFTs

In Protocol X, if you decide to own an exclusive Protocol X NFT which will be known as an XShare, this is your direct share to the company's revenue stream as a whole. Owning an XShare allows the owner to begin receiving a direct revenue stream from share kickback from the business and the rest of our expanding business models under the Protocol X umbrella. 4% of Sales Fees initially will be directed toward XShares, before expanding for revenue which is shared from other parts of the Protocol X Ecosystem. Wanderer Passage, Common Passage, and Legendary Passage will be released all at the same time. Uncommon Passage and Rare Passage will be released at a later time.

Wanderer Passage
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Wanderer Passage

623 available in total

Equal split of 5% of XShare tax

These cannot be upgraded to higher tiers.

Common Passage
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Common Passage

5000 available in total

Cost: 1 BNB per NFT

Base level of passive income with this kind of NFT. Base proportional XShare revenue pool rate. Once you upgrade this NFT to uncommon, your current NFT will be burned.

Uncommon Passage
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Uncommon Passage

1500 available in total

Obtained by upgrading a Common with XKeys. Upgraded proportional XShare revenue pool rate. Tier 2 level of passive income with this kind of NFT. Your NFT will be burned once upgraded.

Rare Passage
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Rare Passage

400 available in total

Obtained by upgrading an Uncommon NFT with XKeys. Upgraded proportional XShare revenue pool rate. Tier 3 passive income NFT.

Legendary Passage
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Legendary Passage

100 available in total

These are the Exclusive NFTs. Only provided for defined events. Highest proportional revenue from XShare revenue pool as possible. Bonus percentage from trading, bonus AirDrops over time. Governance tokens for voting rights (equal voice as any team member).

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How we add value

ProtocolX Treasury

The ProtocolX Treasury will be invested in various DeFi protocols with varying levels of risk in addition to being reinvested back directly into the ProtocolX parent company in order to maintain everlasting growth of the entirety of the protocol.

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Tokenomics
of ProtocolX

Allowing the token to have positive price action pressure is very important to the long-term demand aspects of the protocol. ProtocolX will attempt to solve price stability conflict via multiple means:

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Reasonable buy/sale fees that support the token and protocol
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Tokenomic token burns
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Sustainable Emissions Model (SEM)
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Trading Bot Sustainability Mechanism
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Integrating ProtocolX into a bigger system that will promote multiple demand windows over time
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Custom developed LMS
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Investments involving DeFi and real-world strategies
The Future of PTX

Quarterly Roadmap

starQ3 2022

Develop and implement Protocol X contract

Develop ePTX, PTX & X share dApp/Dashboard

Develop X-Swap & Establish partnerships

Publish official White-paper

Develop and Launch initial website/dApps

PR Marketing (YouTube/Twitter/etc.)

Wandering Passage Airdrop

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Website and dApp rebranding and restructure

Implementation of ePTX

Creation, development, and launch of base X Share

Launch of pUSD (Stable coin)

Launch of X-Swap DEX

Introduce farming for X-SWAP, pUSD & ePTX

Release X-Keys Unique Lottery system

Explore sports/table betting application

Expanding release of Un-Common & Rare X Shares

starQ4 2022 & Beyond

Expanding the ProtocolX Ecosystem

Introducing gamification systems to X-Shares/ePTX

Integration of NFT Marketplace with Protocol X

Hosting pre-sales/launches with DEX

Development of additional farm/staking pairs on ProtocolX dApp

Exploration of Decentralised Streaming Services

Frequently Asked
Questions

How does PTX receive a daily reward?
PTX is not a classical rebase token or rebase protocol. To begin earning a daily yield, you will be required to purchase PTX and then “enhance” the token to ePTX within our dApp.
How do I enhance my PTX?
Enhancing your PTX allows you to engage with the totality of the ProtocolX ecosystem. You can exchange your PTX for ePTX at a 1:1 value by going to our “Enhanced” dApp and exchanging PTX for ePTX. You can always exchange your ePTX back for PTX at any point.
How will you burn tokens?
ProtocolX will implement token burns by various mechanisms. A defined portion of all buy and sales fees directly burn PTX tokens. Additionally, the exchange to XKEYs and strategic buyback and burns from outside revenue sources will be utilized.
How can you help the token price be sustainable?
Sustainability of the protocol is a high priority to our team. By implementing efficient contracts, a well-integrated ecosystem, a custom developed Liquidity Management System, the revolutionary SEM system, and a variety of ways to encourage token burns, ProtocolX seeks to continue to inspire growth and development of every aspect of the protocol.
What is the benefit of having a XShare NFT?
XShare NFTs are revolutionary for passive income in DeFi. By utilizing revenue generated from within and from external sources, XShare NFTs are a system designed to provide passive income that will survive the test of time. This unique development has a reasonable cost to mint and provides yield in PUSD (an algorithmic token backed 100% by BUSD). XShares are an element of the protocol that is designed to appeal to a broader audience and to those who are actively engaged with the other elements of ProtocolX.
How is your DEX different than the others?
We have elected to build a decentralized exchange that is designed to further the growth of ProtocolX and DeFi in general. Any token that is listed on our swap will have to first go through a vetting process, including a KYC by our official partner at Assure DeFi. We will implement a variety of unique farming, staking, vaults, and bond opportunities for consumers to engage with. By focusing on the utilizing XSWAP to bolster the growth of the protocol rather than considering it a “revenue stream,” we differentiate ourselves from the rest.
How do I begin?
Getting involved in ProtocolX is quite simple! Ensure you are connected to the Binance Smart Chain, our contract address on PancakeSwap/Bogged Finance, set your slippage to (6%) for buys and (10%) for sales to account for the buy/sale fees and the price impact of the DEX, and you are all set! From there, enter our dApp and exchange your PTX to ePTX, giving you even more access to the ecosystem.

Our Team

Neal (Shiblord)
Founder and CEO

Neal (Shiblord)

Neal is originally from Pennsylvania, but now lives in Texas. Neal joined the US Marine Corps after high school, serving roles as an infantry squad leader and a humanitarian specia ...
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Brandon (Bran)
Community Manager

Brandon (Bran)

I'm a full time crypto enthusiast and have specialised in Community management, moderation and overall project advising for over a year, I first developed my interest in crypto ear ...
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Jack (Crypto Kruelty)
Business & Admin

Jack (Crypto Kruelty)

Hey there. My name is Jack. I am 34 years old. I'm a single father. I got into DeFi in early 2021, and have invested in many projects since. Some good, and some bad. This has given ...
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Steven (Wox)
Graphic Design and Social Media

Steven (Wox)

Dad working from home, Graphic Designer, Marketing Strategist, Musician, Computer Builder, Moderator and Crypto Addict. Always been a fan of technology. I developed interest in cry ...
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Jared (Sallyczar91)
Advisor

Jared (Sallyczar91)

I'm an Army veteran and current police officer. I have some background in programming. When I was in high school I programmed a couple of games, nothing crazy or intricate. I wante ...
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Adam (Adam P)
Lead moderator

Adam (Adam P)

I purchased my first cryptocurrency in 2016 and eventually found the DeFi space. Since then I have personally invested in many projects and have often been an early investor follow ...
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Buy ProtocolX Today

Grow with us as we try to evolve the future of decentralized finance. Here’s another line because I think this text lockup should be able to handle a few lines of text.

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