ProtocolX

ProtocolX is an ecosystem in the decentralized finance space. It utilizes strategically coordinated and planned variables to facilitate a protocol that continuously feeds into itself. This enables it to serve different levels of decentralized finance (DeFi) investing accordingly, allowing users to purchase PTX to enhance it and receive a daily APR or get into the depths of the ecosystem.

ProtocolX is building a DeFi ecosystem to expand the growth of ProtocolX and decentralized finance in general. Tokens that are listed on the swap will have to go through a vetting process, as well as a KYC by their official partner at Assure DeFi. The platform will implement different farming, staking, vaults, and bond opportunities for their consumers to engage with.

ProtocolX focuses on utilizing XSWAP to enhance the growth of the protocol. To get involved, users connect to the Binance Smart Chain, the contract address on PancakeSwap/Bogged Finance, and set their slippage to 6% for purchases and 10% for sales, to account for the buy/sale fees, plus the price impact of the DEX. They can then enter the dApp and exchange PTX to ePTX for more access to the ecosystem.

ProtocolX Alpha Monday AMA (Oct 24, 2022)

Sustainability Emissions Model: The SEM is an intricate aspect of ePTX. By enhancing PTX to ePTX, users start to accumulate extra ePTX. The staking APR begins at 1.77% every day, and APR will reduce by 10% every month. This continues every month for twelve events and ends with a fixed 5% daily yield rate of ePTX.

XSWAP is a strategically designed decentralized exchange for the usage of DeFi protocols, as well as for the hosting of different farming, staking, locking, and other mechanics within ProtocolX. Tokenomics include 0.17% to the LP to pay Liquidity Providers and 0.08% to the current XLottery Proxy as the reward pot.

XSWAP possesses the capabilities to implement liquidity farms, staking, and vaults for ePTX and $XSWAP. Farm token (XSWAP) has a variable APR to coincide with the emission rates of this token, including integration of vaults, bonds, and extra features to create utility for tokens on ProtocolX.

These non-fungible tokens (NFTs) supposedly do not rely on investors to continue to give a yield. Users who own a ProtocolX NFT (XShare) own a direct share of the company's revenue stream. The XShare pool will be shared with owners in real time, requiring them to claim their accumulated rewards.

By using revenue generated from within and from external sources, these NFTs are a system created to provide users with passive income. This development has a minting cost and offers yields in PUSD (an algorithmic token that is backed by BUSD). XShares are features of the protocol that are made to appeal to a bigger audience and to those that are engaged with the other elements of ProtocolX.

Every week, XLottery is automatically drawn and relaunched through the introduction of a Lottery Proxy Generator. XKeys are used to burn ePTX for Lottery Tickets. XLottery is funded by the XSWAP fees, and 0.08% of fees go to the active Proxy Lottery.

XKeys are ProtocolX's link to XShares and XLottery, enabling those who do not want to mint their own XShare NFT to gain from the ecosystem. XKeys can be made by exchanging ePTX and burning the ePTX in exchange for XKeys.

$PTX is ProtocolX's fundamental token. It is created to facilitate interaction and growth of the protocol. PTX possesses a buy and sales fee associated with it—a 4% buy and 8% sales fee. Enhanced PTX (ePTX) is a token representation of enhancing PTX, in order to allow it to be used for different aspects of the ecosystem. It can be staked to get daily rewards, used directly with the XSWAP and XLottery, and was otherwise made to increase the growth of the ecosystem.

PUSD is an algorithmic token that is backed by BUSD to appreciate over time. It has a 2% buy / 2% sale / 2% transfer tax. The taxes are used to burn the token and enhance the algorithmic price appreciation mechanics. $XSWAP is the governance token of Protocol's decentralized exchange. It is also a farm token for staking, farming, locks, and others.

To earn a daily yield of PTX, users are required to buy it and then enhance it to ePTX within the dApp. This enables them to engage with the different aspects of the ProtocolX ecosystem. They can exchange their PTX for ePTX at a 1:1 value by using the dApp to exchange PTX for ePTX. They can always exchange their ePTX back for PTX when they choose.

ProtocolX will implement token burns via different mechanisms. A specified portion of buy and sales fees burn PTX tokens. In addition, the exchange to XKEYs, as well as buyback and burns from external revenue sources will be utilized. By implementing contracts, an integrated ecosystem, a custom Liquidity Management System, the SEM system, and different methods of encouraging token burns, ProtocolX promotes its sustainability.

ProtocolX will attempt to solve price stability conflict through different means:

• Feasible buy/sale fees that support the token and protocol
• Tokenomic token burns
• Sustainable Emissions Model (SEM)
• Trading Bot Sustainability Mechanism
• Integrating ProtocolX into a system that will enhance multiple demand windows over time
• Custom developed LMS
• Investments involving DeFi and real-world strategies