The Future of
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.
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.
$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.
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 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 is the governance token of ProtocolX’s Decentralized Exchange and will serve as a farm token for staking, farming, locks, and more.
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.
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 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
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 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 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
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:
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.
623 available in total
Equal split of 5% of XShare tax
These cannot be upgraded to higher tiers.
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.
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.
400 available in total
Obtained by upgrading an Uncommon NFT with XKeys. Upgraded proportional XShare revenue pool rate. Tier 3 passive income NFT.
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).
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.
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:
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
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
Q4 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
Jack (Crypto Kruelty)
Adam (Adam P)
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.