We are excited to announce that the moment we have all been waiting for is finally here and we are happy to announce this with you all. At long last, the $PANDA token and $PAMDAMINER token are now live!
Delegators of @pandex now receive $PANDA and investors can also start purchasing $PANDAMINER. Below is all you need to know about the tokens and how to get them
$PANDA
$PANDA token is obtained when an investor delegates Hive Power to the @pandex account. With a total supply fixed at 960,000, each week 900 staked PANDA would be distributed among the delegators. This is a continuous project, so stakeholders will continually be rewarded for their participation. PANDA stakeholders will enjoy ever lasting dividends from our compounding fund yields.
To unstake PANDA, it requires 7 days from the moment of unstaking to take effect, after which the investor can utilize it in any form that he/she wishes.
$PANDAMINER
The PANDAMINER token is the answer to those who seek more investment options. PANDAMINER is sold in tranches and can be bought with Hive. Each investor then gets staked PANDAMINER according to their Hive purchases. The Hive obtained from the sale is powered up in the @panda-miner account and then delegated to the @pandex account. Thus, PANDA tokens that will be sent to @panda-miner will be shared with all staked PANDAMINER token holders.
Furthermore, 50% of the curation rewards earned by delegating to the @pandex account from the @panda-miner account will be reinvested and delegated back to @pandex to ensure a continuous uprise of each $PANDAMINER backing price versus HIVE . Meanwhile, the remaining 50% of the curation rewards will be distributed as dividends to all staked PANDAMINER token holders.
Now, with a total supply of 1000000 PANDAMINER, there is enough to go around for investors and it is capped to ensure consistent value. It comes with zero inflation and with an unstaking period of two weeks. 50% gets unstaked in the first week, and the remaining 50% gets unstaked in the second week.
TLDR
PANDA
Total Supply: 960000
Each Week Max Mint: 1000
Unstaking Period: 7 Days, 1 Txn
Reward For Staking: Ever Growing & Lasting Dividends From Panda-X Compounding Funds
PANDAMINER
Total Supply: 1000000
Mint Based on Demand
Unstaking Period: 14 Days, 2 Txn
Reward For Staking: PANDA Token, Curation Reward as Dividends & Ever Growing Uprising Potential Of Each PANDAMINER Backing Price.
Panda-X Official Website: https://panda-x.io
Panda-X Discord Server: https://discord.com/invite/fdBQBW97yx
Panda-X Official Announcement: https://peakd.com/panda-x/@panda-x/panda-x-offical-launch-or-or-announcement
What is the price of Panadaminer token?
1 hive at the moment. It's sold in tranches, so next time it will be higher.
Each pandaminer is backed by HP. In Each selling round (tranche), it's price is based on how much hp each pandaminer is backed by. Since we reinvest some hive to HP, it's price increases each time.
Furthermore, 50% of the curation rewards earned by delegating to the @pandex account from the @panda-miner account will be reinvested and delegated back to @pandex to ensure a continuous uprise of each $PANDAMINER backing price versus HIVE . Meanwhile, the remaining 50% of the curation rewards will be distributed as dividends to all staked PANDAMINER token holders.genial me sumo al proyecto
Just an FYI I just delegated some HP to @pandex , looking forward to see how the project progresses!
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me sumo al proyecto !PIZZA 😎
$PIZZA slices delivered:
@aurikan(1/15) tipped @panda-x
How can I delegate HP to @pandex?
Not to sound rude but I didn't see it mentioned anywhere in the post.. why? Like what does this do?