Staking On ParaSwap

You can Stake your $Paradox by locking up any amount for a period of time,

Minimum of 28 days to a maximum of 2,888 days. Your Stake accrues rewards every day that will compound, The amount of yield depends on the length of your Stake: "Delay and get Paid". The APY for $Paradox Stake will vary in length with users being able to get rewarded more than they would from a traditional bank that averages less than 2%.

The staked principal and accrued returns only realised when the users end their stake. Initial Stake and returns is rewarded in $Paradox.

Where does the staking reward come from?

Every transaction on ParaSwap will generate large amounts of $Paradox paid by users in fees as each transaction is charged on top of the gas fee a transaction fee of 0.2%, with 0.15% going to the liquidity provider pools this will leave 0.05% of this fee is added to the Paradox pool in the form of LP tokens. This rewards contract will execute a transaction for all the LP tokens to be sold for $Paradox (on ParaSwap Dex).

The newly purchased $Paradox is then divided up proportionally between all of the Stakers holders in the pool, meaning their $Paradox is now worth more $Paradox. Because of the way the rewards are generated, the price of $Paradox will increase with the value of $Paradox.

ParaSwap stakers are also given access to invest in projects launching on ParaPad a decentralised launchpad for crowdfunding, this is a unique opportunity and the first of its kind in the cryptocurrency sector for those looking for exposure to both platforms.

Paradox Coin is making it possible with just one coin.