ProtocolX Coin Review : Is It Good Or Bad Coin Read Our Article

About ProtocolX Coin

ProtocolX Coin X 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. brings a new element to DeFi by implementing an ever developing, expanding, and growing ecosystem that all feeds back into the protocol.

ProtocolX Coin Basic Point Table

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How it Works

Protocol X utilizes strategic and planned variables to facilitate a protocol that constantly and positively feeds back into the ecosystem. Protocol X serves every level of DeFi investor accordingly. Whether you simply want to buy the PTX native token, hold a revenue share NFT, or invest in ever-appreciating stable token (PUSD). Each development is designed to further benefit the entire protocol and create an environment that promotes long-term growth and development.

X-SWAP (ProtocolX DEX)

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. Governance token: $XSWAP Tokenomics: Allocations 0.17% to the LP to pay Liquidity Providers Allocates 0.08% to the current XLottery Proxy as the reward pot.

Tokenomics

PTX is a deflationary token with a max circulating supply of 100m tokens. Using low buy and sell fees to distribute rewards to holders based on trading volume. Tokens are removed from the circulating supply on every buy and sell.

In future there will be further incentives for holders to burn tokens and upgrade their xShare NFTs. Our tokenomics will further appreciate our rewards token PUSD, which increases in value on every buy, transfer or sale.

4% BUY TAX

2% PTX Reflect
2% BURN

8% SELL TAX

4% PUSD Reward
4% BURN

NFTs

xShare NFTs offer an exclusive bi-weekly revenue share from our external trading endeavours. Rewards are sent in PUSD which can be claimed in dapp.

50% of revenue is distributed to NFT holders
30% is compounded back into trading
10% is used to support the PTX token
10% is used to fund the treasury

Protocol Features

PTX

PTX is a deflationary & dual reward token. Once staked in The Vault holders will receive automated returns in the native PTX token & PUSD (our apppreciating stable token). Not only does this incentivize holding, it also generates appreciation for other parts of the ecosystem. Using tokenomics we will remove tokens from supply using a “true burn” method. The PTX token will be exchanged for xKeys in future to upgrade xShare NFTs.

xShare NFTs

The first genuine passive income NFTs that do not rely on new investors to continue to give a yield. Owning an xShare NFT is your direct share of the company revenue stream. The xShare pool will be distributed to NFT holders bi-weekly, simply requiring you to claim your accumulated rewards in our dapp. Will be upgradeable in the future using xKeys.

PUSD

PUSD is an appreciating stable token that is 100% backed by BUSD. 2% buy / 2% sale / 2% transfer tax. 100% of the taxes are utilized to burn the token and bolster the algorithmic price appreciation mechanics. PUSD can be earned by staking PTX tokens in the vault, holding xShare NFTs, or even purchased directly in our dapp.

RoadMap

Team Of ProtocolX Coin

Where Can You Buy ProtocolX Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest WBNB/WAIFU. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include WBNB/WAIFU And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

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FAQ Of ProtocolX Coin