Pitchdeck
ParaDex Pitchdeck
Last updated
ParaDex Pitchdeck
Last updated
ParaDex, Token Enrichment Network the next generation Automated Market Maker (AMM) and Yield Farming protocol of decentralized finance powered by Binance Smart Chain. ParaDex leverages innovations brought to market by first generation DeFi projects and integrates emerging technologies for scalable and sustainable decentralization.
ParaDex - The DeFi Automated Market Maker and Yield Farming protocol for digital assets, powered by the PRAD token. ParaDex is a new DeFi platform that facilitates the on-chain trading of digital assets that represent the real economy. ParaDex perform best price swap on Binance smart chain automatically. ParaDex is not just the exchange but protocol that can provide “Best Rate API” for our partners who have eager to use ParaDex technology as the material of their product and develop their idea on top of The Binance Smart Chain. On ParaDex, you will receive a much better price than any other DEXs. Besides that, If there is another pool that has a price ready to be arbitraged. ParaDex will also take the deal for you. ParaDex is not just an exchange. ParaDex is the gateway to all decentralized exchanges on the earth.
ParaDex simplifies staking with the most liquid Binance Smart Chain Liquidity Pools available and provides a robust yield earning environment on the market while adapting to daily liquidity needs of different pools. ParaDex is decentralized finance, simplified!
The DeFi space in general can be very cumbersome and quite confusing to many, especially to those of us that are new to DeFi but not necessarily to crypto-currencies itself. ParaDex aims to simplify this process by creating a seamless and streamlined process in staking your assets to earn a rewardingly high APY in the simplest and safest manner while ensuring sustainable growth within the ParaDex platform across multiple farming ecosystems and optimizing returns for maximum yields in a safe, sustainable and robust manner.
ParaDex - The DeFi Automated Market Maker and Yield Farming protocol will launch to create a truly sustainable and beneficial model that would ensure the longevity of the $PRAD ecosystem that allows for ParaDex to adapt and evolve with the DeFi space in general, allowing for high yield opportunities and ensuring that the $PRAD ecosystem continues to evolve and adapt. $PRAD aims to be a vanguard in decentralized finance.
ParaDex was developed to offer the community a project that is simple, yet advanced for staking and yield farming in the largest liquidity pools offered on PancakeSwap. With simply a click, ParaDex automatically provides the liquidity to LP’s while you earn high APY rewards!
While super high APY offered by some new projects sounds enticing, investors must also consider the devastating sharp declines in price that this will cause. ParaDex will provide charts that portray the total return per day that takes into account the daily APY changes along with changes in price. This will give tremendous insight as to how much profit has been generated in the past and will help guide future investment decisions.
ParaDex will offer simplified investing choices that will follow a specific set of strategies based on risk allocated by the user. It will automate the process of which projects to invest and move funds between projects on a regular basis. This in itself will complete the evolution of the DeFi ecosystem for the coming future.
Key features and interesting value benefits;
Best Price Swap - ParaDex not only finds the real-time best price for you but also swaps your source tokens to your desired tokens instantly.
The DeFi AMM - ParaDex is an Automated Market Maker platform that provides liquidity to the exchange it operates in through automated trading.
Staking - Users can stake $PRAD tokens as well as other digital assets and earn $PRAD rewards
Yield-Farming - Users can farm different tokens and earn rewards in that token as well as $PRAD
LaunchPad - ParaDex aims to deliver legit and real use-case projects on their launchpad for the sake of community. ParaDex act as vetting process for new projects to protect investors.
ParaDex is a "FAIR LAUNCH" project where everyone will have an equal opportunity to take participate at the launch on Pancakeswap Dex.
$PRAD initial token supply 50,500,000.
5,000,000 $PRAD will be reserved for "FAIR LAUNCH" on Pancakeswap
30,000,000 $PRAD will be reserved for Liquidity yield-farming (PRAD, PRAD-BNB LP) purposes.
15,000,000 $PRAD will be reserved for the Team.
500,000 $PRAD will be reserved for the Airdrop/Promotions.
Initially only the 5,000,000 $PRAD token "Fare Launch" allocation will be circulate in the market.
The Team Fund will NOT be initially circulate and will be locked upto 60 months which in turn support the protocol and community via stabilization asset collateralization, market making assets, protocol grants.
Team - 6 months lock then vested over 60 months.
Staking and Yield-Farming - TBD
Airdrop/promotion - 20% unlock TGE then vested over 12 months.
Contract address: 0xe19eb14eaaeae6744728011db7626d0aebb05573
Decentralized finance is meant to be decentralized, with minimum barriers to entry and participation on-chain, anywhere, any crypto, any pool, but that is not the case on Ethereum today, and that is why we chose the Binance Smart Chain for ParaDex, the Token Enrichment Network, DeFi Automated Market Maker and Yield Farming Protocol.
The Binance Smart Chain allows us to do just that, the same ease of use and simplicity of on-boarding anyone with a Binance wallet or Metamask wallets that are available with most any browser these days, it makes yield farming, staking, claiming, sending and receiving that much easier! While BSC is technically similar to ETH, it does allow for the scalability of ParaDex and other DeFi projects without the hindrance of on-chain/network fees that are eating up all your ETH and Yield Farming rewards!
BSC provides the community with an already robust network of users that are familiar with both BSC and in particular with $BNB and thus making it much easier to integrate with ParaDex and staking on paradex.finance and the continued rise and success of pancakeswap.finance has made it that much easier for $PRAD to launch and list via the Binance Smart Chain!
Total Crypto Market Cap: $2.18 Trillion
Total DeFi Market Cap: $128 Billion
TVL on BSC: $43Billion
Pancake Daily Volume: $500 Million
Since ParaDex team's reserved 15 Million funds will go towards the continued advancement of the ParaDex ecosystem with continued improvements to the users experience with ParaDex and to continue full support for the entire ecosystem by identifying leading trends and ensuring that ParaDex is at the forefront of these trends by being a vanguard of the DeFi space moving forward.
Initial PancakeSwap liquidity
Developers compensation and future developments
Additional audits for new pools/vaults
Community awareness and engagement
Marketing and PR
Other additional costs
We anticipate the simplicity of the user experience of staking $PRAD will create the ease of entry to the DeFi ecosystem and in particular Yield Farming.
User interface and user experience is key to adoption, but more important is the simplicity of the process. Without simplicity, we only complicate, and thus this one word, simplicity, defines ParaDex.
We believe that DeFi and in particular Yield Farming will be the new “savings” account of the future for everyone. ParaDex allows the user to seamlessly interact with LPs without the extra steps Having ParaDex on the Binance Smart Chain makes the process of user adoption that much easier as BSC ecosystem has the potential to surpass the Ethereum Network.
Contact Info:
Website: paradex.finance Email: contact@paradex.finance Twitter: https://twitter.com/paradexfinance Github: https://github.com/paradexfinance Telegram Group: https://t.me/paradexfinance Medium: https://paradexfinance.medium.com
SUMMARY
TOKEN SYMBOL
PRAD
TOKEN TYPE
BEP20
INITIAL SUPPLY
50,500,000
FAIR LAUNCH SUPPLY
5,000,000