ProtocolX Liquidity Launch

New Titano fork launch on BSC.

The exact time of launch has not been announced yet, only that the launch may happen on August 22, 2022. This time is a placeholder. Confirm on their socials.

❌ No contracts released (at time of review).

DETAILS

• Launch Details
  • ❌ No information on what DEX the token will launch. Pair will be $PTX / BNB
  • Listing price: $0.07 / $PTX
  • Presale price: $0.06 / $PTX
  • Initial market cap(estimate): $1,700,000
  • $520,981 of the $1,200,000 hard cap was raised in their presale
  • Presale buyers will receive 5% token bonus
  • ❌ No information on how much liquidity will be added
  • No vesting – 100% of presale tokens will be unlocked at launch
  • Taxes: 13% buy / 18% sell

• Mechanics & Features
  • Auto-staking and auto-compounding mechanism
  • Decaying APY, starting at 63,632% APY (1.77% daily yield) and reduces by 10% every 30 days until a fixed 0.5% daily yield
  • Auto-compounds every 30 minutes
  • Liquidity Management System will be used to stabilize price within a set upper and lower price range
  • Additional utilities and features (road mapped)
    • XShares NFT — holders will earn a share of protocol’s revenue
    • Yield Farm — single-stake $XSWAP (farm token) to earn wPTX
    • XSwap — native DEX
    • XKeys — lottery system; 1 XKeys = 1 entry. XKeys is obtained with $PTX, which is burnt
    • Trading Bot
  • Protocol revenue generated from NFT sales/royalties, DEX swap fees, and other treasury investments

• Tokenomics
  • $XSWAP is the farm token
    • Total supply: 50,000,000,000 $XSWAP
    • Emission rate: 5,000,000,000 tokens per year over 10 years
  • $PTX is the utility and rewards token
    • No total supply
    • Initial supply: 50,000,000 $PTX
      • 20,000,000 — Presale
      • 15,000,000 — Liquidity
      • 5,000,000 — Team
      • 5,000,000 — ProtocolX NFT holders
      • 5,000,000 — Treasury
    • 13% Buy tax
      • 5% — Treasury
      • 3% — Auto-Liquidity
      • 3% — Buy back & Burn
      • 2% — XShares
    • 18% Sell tax
      • 8% — Treasury
      • 5% — Auto-Liquidity
      • 3% — Buy back & Burn
      • 2% — XShares

• Roadmap includes launch of XSwap, NFT collection, farming & staking platform

Whitepaper