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
Jan-June 2022
Whitepaper release
Seed Fund Raised
Audited by QuillAudits
Testnet Released
Alpha Mainnet launched on polygon
Jan-June 2023
Private Round Raise
Audited by Pecksheild
Beta Version Launched
Introduction of Liquidity token
Token Launch and Exchange listing
June-Dec 2023
Multi chain launch
Leveraged yield farming
NFT investment vaults
Paxo Token staking
DAO Setup
Investors
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