Paxo Finance

Paxo Finance

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PAXO is a decentralized protocol that opens up under collateralized borrowing and lending options in the DeFi space.
To be announced
Token Details
Ticker
PAXO
Total supply
500,000,000
Token Distribution
Seed Round 7%
Private Round I 9%
Private Round II 9%
Exchange Liquidity 2.5%
Marketing, Acquisitions, Licenses 15%
Development & Partnerships 10%
Adoption Staking, Incentives 15%
Team 15%
Advisors & Consultants 3%
Reserve 12%
IDO 2.5%
Additional Details
Categories
Platform

About Paxo Finance

PAXO is a decentralized money market protocol that opens up investment loan options in DeFi for global users to invest in digital assets via multi-pool borrowing.

PAXO is a trustless protocol driven by secure smart contracts. It does not rely on credit scoring or any centralized enforcement to operate.

PAXO allows cryptocurrency lenders to enjoy attractive, sustainable yields. Conversely, borrowers access predictable investment loans empowering them to invest in the lucrative digital asset market.

Paxo Finance's investment loans are used to invest in other digital assets from a connected DEX via the PAXO protocol. Afterward, the acquired asset (investment) is securely locked in our protocol until the loan is repaid with interest. If not, the asset is liquidated in an auction when it reaches the liquidation point.

Paxo Finance is a money market ledger where users can supply or borrow digital assets. Interest is computed as a function of time, fluctuating depending on market conditions. The protocol's smart contracts will be publicly accessible and flexible for incorporation by diverse systems, industry dApps, and ordinary users across the globe.

Each money market is unique to a given isolated pool. It also contains a transparent and publicly-inspectable ledger, recording all transactions and historic interest rates.

Features

Balance Profit and Risk

Paxo Finance is compliant to the cryptocurrency and blockchain industry’s best security practises. All our smart contracts are certified-secure and have been audited by a reputable blockchain security firm.

Pool and Collateral Diversity

We support a wide range of isolated pools and digital assets like WBTC, BTC, and MATIC as collateral. Our audited smart contracts also link to liquid decentralized exchanges.

Low Fees and High yields

Our transaction fees are among the lowest in the industry for lenders to reap maximum yields. Borrowers’ rates are also uniformly adjusted depending on prevailing market conditions.

Global Access

Users can access high quality financial services without verification or credit checks from anywhere in the world. A secure wallet and an internet connection is all that’s required.

Easy-to-Use

Our lending and borrowing interfaces were designed by the world’s most talented graphic designers. It is easy-to-use and intuitive allowing for silky smooth and hassle free navigation.

Compliance and Security

You don’t have to be a crypto whale to borrow in Paxo. The Paxo Finance loan-to-collateral ratio is the industry’s lowest, ranging from 20-100%.

Paxo Finance Roadmap

  • Q3 2021

  • Seed round funding
    Architecture design Development
  • Q4 2021

  • UI & testing
    Lightpaper release
  • Q1 2022

  • Audit
    Testnet deployment
  • Q2 2022

  • Token Launch
    Mainnet launch with 2 pairs
    Bug bounty launch
    Liquidity mining commencement
    Additional exchange listing
    Development for multiple isolated pools
  • Read More
  • Q3 2022

  • Multichain token launch
    Protocol launch on multiple blockchains
    Additional supply markets
  • Q4 2022

  • Governance Launch Protocol to be controlled and maintained through governance
    Addition of NFT pool

Paxo Finance Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Ankur Jain
Co-Founder
unverified
Pranjal Prashar
Co- Founder
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Bartolome R Bordallo
Advisor, CEO Zignaly
unverified
Abdul Rafay Gadit
Advisor, CFO Zignaly
unverified
Avinash Shekhar
Advisor, CEO Zebpay
unverified
Dave Brown
Advisor, Founder DC Crypto
unverified

Paxo Finance Last News

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