What is Paxo?
PAXO is a decentralized money market protocol which opens up investment loan options in the DeFi space that allows users to invest in digital assets through multi pool borrowing.
- Perpetual contract
- Attractive interest rates for lenders
- Low transaction fees
- Non custodial and fully decentralized.
How does it operate?
It works in a similar way to borrowing money to purchase a home or investment property. You borrow money to invest in a portfolio of crypto/digital assets. The borrowed funds are then secured against the portfolio of digital assets where the digital asset is locked in the smart contract until the loan is paid back.
Lend
Borrow and Invest
Settle
Lend
- Connect wallet
- Select pool
- Choose your preferred digital asset
- Accept the offered APY
- Click to Approve
- Start earning Ptokens
Borrow and Invest
- Connect wallet
- Deposits collateral
- Choose crypto
- Select loan multiplier range from 2X to 5X
- Accept the loan offer
- Smart Contract is execut
- Start earning PTokens
Settle
- Repay the borrowing with interest
- Sell the asset on DEX
- Release the collateral instant
Tokenomics
PAXO is the native token of the protocol.
PAXO is a governance token which controls interest rate, changes in the protocol, development roadmap. inclusion of new assets, reward distribution etc.
Tokens
35,000,000
Allocation: 7.00%
Seed Round
Tokens
45,000,000
Allocation: 9.00%
Private Round I
Tokens
45,000,000
Allocation: 9.00%
Private Round II
Tokens
12,500,000
Allocation: 2.50%
Exchange Liquidity
Tokens
75,000,000
Allocation: 15.00%
Marketing, Acquisitions, Licenses
Tokens
50,000,000
Allocation: 10.00%
Development & Partnerships
Tokens
75,000,000
Allocation: 15.00%
Adoption Staking, Incentives
Tokens
75,000,000
Allocation: 15.00%
Team
Tokens
15,000,000
Allocation: 3.00%
Advisors & Consultants
Tokens
60,000,000
Allocation: 12.00%
Reserve
Tokens
12,500,000
Allocation: 2.50%
IDO
Tokens
500,000,000
Allocation: 100.000%
Total
Tokenomics
PAXO is the native token of the protocol.
PAXO is a governance token which controls interest rate, changes in the protocol, development roadmap. inclusion of new assets, reward distribution etc.
Tokens
35,000,000
Allocation: 7.00%
Seed Round
Tokens
15,000,000
Allocation: 3.00%
Strategic Round
Tokens
10,000,000
Allocation: 2.00%
Private Round
Tokens
9,000,000
Allocation: 1.80%
IDO
Tokens
7,500,000
Allocation: 1.50%
Exchange Liquidity dex
Tokens
30,000,000
Allocation: 6.00%
Market Making Loan
Tokens
103,500,000
Allocation: 20.70%
Reserve
Tokens
75,000,000
Allocation: 15.00%
Adoption, Staking, & Incentives
Tokens
75,000,000
Allocation: 15.00%
Marketing, Acquisitions, & Licenses
Tokens
75,000,000
Allocation: 15.00%
Team
Tokens
15,000,000
Allocation: 3%
Advisors, & Consultants
Tokens
50,000,000
Allocation: 10.00%
Development & Partnerships
Timeline
& Roadmap
Q3 and Q4 2021
Seed round funding
UI & testing
Lightpaper release
Architecture design Development
Q1 2022
Audit
Testnet deployment
Q2 2022
Token Launch
Mainnet launch with 2 pairs
Bug bounty launch
Liquidity mining commencement
Additional exchange listing
Development for multiple isolated pools
Q3 2022
Private round ongoing
Buy bounty launch
Mainnet launch
Liquidity mining commencement
Development of multiple isolated pools
Q4 2022
TGE
Staking
Partnerships
Additional Pools
2023
Additional suppy markets
Governance DAO
Leveraged staking
F&O trade with CeFi
Timeline
& Roadmap
H1 2022
- Seed round funding
- Architecture design and development
- Whitepaper release
- Audit
- Testnet launch
Q3 2022
- Alpha Mainnet Launch
- Liquidity mining commencement
- Addition of new markets
- Strategic round closed
Q4 2022
- Mainnet launch
- Private round ongoing
- Partnerships to list more markets
- Bug bounty launch
- Staking
- TGE
2023
- Additional suppy markets
- Governance DAO
- Leveraged staking
- NFT & fractionalization of real estate pools
Investors
