ProtocolX (PTX)

Protocol X (PTX) is a large-scale ecosystem aiming to be decentralized finance’s future. Unlike protocols relying on a single avenue for growth and development, Protocol X implements an ever-developing, expanding, and growing ecosystem that feeds into the protocol itself. It brings a new element to DeFi by offering various investment options to benefit the entire protocol and create an environment conducive to long-term growth and development.

Protocol X utilizes strategic and planned variables to facilitate a protocol that constantly and positively feeds into the ecosystem. It serves every level of DeFi investor, whether they want to buy the PTX native token, hold a revenue share NFT (xShare), or invest in a stable token called PUSD. Each development is designed to benefit the entire protocol further and create an environment that promotes long-term growth and development.

PTX is a deflationary and dual reward token that generates automated returns for holders when staked in The Vault. These returns are paid in PTX tokens and PUSD, a stable token that appreciates. In addition to incentivizing holding, this mechanism generates appreciation for other parts of the ecosystem. The protocol also introduces xShare NFTs, which offer passive income without relying on new investors. xShare NFT holders receive a bi-weekly revenue share from the company’s external trading endeavors. PUSD, on the other hand, is an appreciating stable token that is 100% backed by BUSD and can be earned by staking PTX tokens or holding xShare NFTs.