The Core
Last updated
Last updated
In the illustrious realm of Populx, where innovation meets tradition, the intricacies of our tokenomics weave a tapestry of complexity and elegance. As we embark on this journey of discovery, let us delve into the inner workings of our dynamic ecosystem.
As the sands of time ebb and flow, so too does the supply of $PPX. Through the mechanism of debase, we seek to control the supply of $PPX, incentivizing long-term holding and discouraging short-term speculation. Non-stakers and LPs alike are subject to the effects of debasement, ensuring that the value of $PPX remains stable and resilient in the face of market fluctuations.
In the context of Populx, tokens held outside the staking pool will experience a gradual decrease in value over time, a process referred to as "debase."
Debasement in Populx aims to discourage short-term trading of $PPX, promoting long-term holding and regulating the token supply.
But what sets Populx apart from its contemporaries is the democratic spirit that permeates every facet of our ecosystem. Through the power of the vote, participants wield the power to shape the outcome of each epoches, ensuring that their voices are heard and their contributions recognized.
With each vote cast, participants not only increase their chances of receiving rewards but by earning an additional 25% on each vote credit they use.
Within the hallowed halls of Populx, three tokens reign supreme: R-PPX, ST-PPX, and $PPX. R-PPX, the reflection token, is bestowed upon the victors of our epoches, serving as a symbol of achievement and recognition. ST-PPX, the staking token, offers sanctuary from the ravages of debased, providing refuge for those who seek to secure their holdings. Finally, PPX, the core token of our ecosystem, serves as the lifeblood of our economy, circulating freely among traders in the open market.
As we continue to chart a course through the annals of history, let us embrace the spirit of exploration and discovery that defines the essence of Populx. Together, we shall forge a new path forward, guided by the principles of innovation, integrity, and inclusivity.
