PRIX Token Overview
PRIX is the native utility token of the Predinex ecosystem, designed to align incentives between users, liquidity providers, and the platform. As an ERC-20 token on the BSC network, PRIX serves as the backbone for staking rewards, fee reduction, and platform utility.
๐ What is PRIX?โ
PRIX (Predinex Token) is a utility token that powers the Predinex ecosystem:
- Staking Rewards: Earn revenue share from platform fees through tiered staking
- Fee Discounts: Reduce trading fees for token holders
- Premium Access: Unlock advanced features and analytics
- Platform Utility: Required for various platform interactions
๐ฏ Current Token Utilityโ
๐ Staking Systemโ
Stake PRIX to earn dual rewards:
- Three-tier system: Bronze (1K PRIX), Silver (3K PRIX), Gold (10K PRIX)
- Fixed APY: 6%, 12%, 18% base rates respectively
- Revenue sharing: 10%, 30%, 60% of platform fees
- Lock periods: 30/60/90 days with bonus APY
- Dual token rewards: Earn both PRIX and BNB
For complete staking details, see the Staking Documentation.
๐ฐ Fee Reductionโ
Platform Fee Structure:
- Platform Fee: 5% (500 basis points) on all winning payouts
- Pool Creation Fees: 0.01 BNB or 50 PRIX for standard pools, 1 BNB or 70 PRIX for combo pools
- Fee Distribution:
- Creators: 20% of platform fees from their pools (claimable separately)
- Platform Revenue: 80% of platform fees, distributed as:
- Stakers: 30% of platform revenue (24% of total fees) - shared among PRIX stakers
- Fee Collector: 70% of platform revenue (56% of total fees) - platform operations
PRIX holders benefit from fee reduction through staking rewards, earning a share of the 24% of total fees distributed to stakers.
โญ Premium Featuresโ
PRIX Token Utility:
- Pool Creation: Use PRIX (50 PRIX) instead of BNB (0.01 BNB) to create prediction pools
- Combo Pool Creation: Use PRIX (70 PRIX) instead of BNB (1 BNB) for combo pools
- Staking Rewards: Earn revenue share from platform fees (24% of total fees distributed to stakers)
- Boost System: Use PRIX for pool boosting (300 PRIX per boost, with discounts for large holders)
- Premium Access: Unlock advanced features and analytics (details to be announced)
๐งช Testnet PRIX Faucetโ
How the Testnet Faucet Worksโ
To participate in Predinex's testnet and qualify for the mainnet airdrop, users can claim testnet PRIX through our faucet system:
Faucet Eligibilityโ
- 20,000 testnet PRIX distributed per eligible wallet
- One claim per wallet - no multiple claims allowed
- Activity requirement: Must interact with platform using BNB before claiming
- Create a prediction pool, OR
- Place a bet on an existing pool
Purpose of Testnet PRIXโ
Testnet PRIX enables users to:
- Test staking mechanisms across all three tiers
- Participate in platform governance testing
- Access premium features during testing phase
- Build activity history for mainnet airdrop eligibility
Claiming Processโ
- Use the platform first with BNB (create pool or place bet)
- Connect your wallet to the testnet faucet
- Claim 20,000 testnet PRIX (one-time only)
- Use the tokens to test staking and other features
Mainnet Transitionโ
Testnet PRIX activity and holdings will be used to determine mainnet airdrop eligibility and amounts. See our Airdrop Documentation for complete details on the testnet-to-mainnet transition process.
๐ฎ Future Developmentโ
The PRIX tokenomics structure, including:
- Total supply and distribution
- Detailed fee discount tiers
- Governance mechanisms
- Additional utility features
Are currently in development and will be announced closer to mainnet launch.
PRIX is designed to align long-term participants with platform success while providing immediate utility through staking and fee reduction.