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Vaulting & Rewards
Protocol X (PTX) is a crypto project that aims to reward its users for placing their tokens in a single-staking vault. This vault will distribute rewards in the form of a percentage of all buy and sell taxes in PTX and PUSD, as well as all fees from vaults.
The rewards system works as follows: users who place their tokens in the single-staking vault will receive 50% of all buy taxes in PTX and 50% of all sell taxes in BNB which will be used to purchase and distribute PUSD. Additionally, all fees from vaults will be reflected back to the holders in the form of PTX.
In summary, Protocol X (PTX) is a crypto project that rewards its users for staking their tokens in a single-staking vault. The rewards system distributes a portion of buy and sells taxes in PTX and PUSD, as well as all fees from vaults, to the holders of PTX who have staked their tokens in the vault. There is a 10% fee for early withdrawal from the vault, but users can avoid this fee by leaving their rewards in the vault for the full week-long staking period.
One important aspect of the rewards system is that there are no entry fees. The only fee that would occur is a 10% early withdrawal fee and this only applies if the user decides to leave the vault early, before the end of the week-long staking period. If the user chooses to leave their rewards in the vault after the staking period is over, they can withdraw them without incurring any fees.
Last modified 3mo ago