That is impossible without a complete code change to PundiX. The supply is finite and deflationary. Changing that code would be a terrible decision and destroy the tokenomics.
Reward ,Payment, Investment token
staking now if near finished unless you have more then $10k of FX I would wait for mainnet there will be all the staking and earning you desire on fx network, the staking at the moment was a short 10 week stake on eth network to prep for mainet; so it probably saved you not being able to stake because of high eth network fee’s which is probably because you had no eth to pay the tx fee’s on your wallet or is not up to date, reboot device when ever updating wallet, Don’t panic all the good staking with max earning comes with FX mainnet soon, But if you have big bags of FX stake now we are near the last week we need a few more fx to get FX network started
Already NPXSXEM has Liquidity in exchanges.
So,I think that NPXSXEM migration is no lockup,and only swap.
Is this news about the reward token also distributed thoughtout all the telegram groups?
I agree with you!!! I’ve been staking since day 1 and I’m from the USA… It’s really simple to do. I buy ETH from Coinbase, then send ETH to my MetaMask Wallet, then Swap some ETH to PundiX using UniSwap. I then send my PundiX and the rest of my ETH to my f(X) wallet. I then stake my PundiX… I use High Gas everytime and I’m having no issue… In the beginning was different but since the PundiX team fixed that issue I’ve had no issues since…
Hello Mr. Zac @zaccheah & Pundians,
I’ve already indicated on Twitter before that I’m not a techie and that’s why I’m not going to get involved in too technical topics.
(But nevertheless I hope that te user methods are kept as simple as possible for all end users).
If I understand correctly, after some reading and searching, Again, you must have a wallet to store these BEP20 tokens:
F(x)-wallet or this one from Binance ( Binance Chain Extension Wallet) or some other like for example: Arkane Wallet, Math Wallet, MetaMask, etc… to take ownership of this reward token, do I understand well.
Also, I must have either $PUNDIX or $BNB coins to cover the expenses.
As HODLER, I have parked some of my Pundix-coins on Binance. Is getting this rewarding token something Binance will automatically do for me again like the swap, (which I would love again ). Or will I have to take this time action on this myself ? What with $PUNDIX coins on other exchange ?
As far as naming is concerned, I completely resign myself to the judgment of the community. As long as there’s no PUNDIX in the naming to eliminate confusion; I fully share @Superbit123’s view here.
There is always something to experience with PundiX .
Good luck and keep the PundiX-spirit alive and kicking - Greetings Belgiumguy🇧🇪
Ok, I can live with that argument .
My thought was, since the token is not meant for trading or speculation etc, but more an addition to $pundix for holders, the confusion will be negligibe.
A total different name would be more confusing imo, but hey, thats me and my way of thinking
Voted for PR btw.
The name PURSE makes me think of a thing around the shoulder of Paris Hilton or Kim K…
$PR sounds a lot cooler.
@Belgiumguy, although neighbours, feel free to join the Netherlands thread, happy to see you there!
Thanks for all the comments, answering them.
@hogehoge the proposal is for both $PUNDIX claim and $NPXSXEM migration to have lockup. First unlock will give you 12% of Reward Token, followed by 8% each month until we reach 100%. @Tomk also talked about something similar.
@Belgiumguy For the Reward Token’s initial supply, our plan is to send the Reward Tokens to a BSC wallet with the exact same address as your Ethereum address. If you look closely, BSC and Ethereum address are the same and you may use the same private key to “unlock” the other. More guidelines on that later. When you claim you obviously need to have gas fees to do it, in this case you will use $BNB tokens to claim your initial supply of Reward Tokens.
Glad to hear the details.
Looking forward to the mainnet and the future developments!
Does it mean, if npxsnem is converted to pr reward token…, every transactions on xpos will only burn pundix??
Mm, good question.
Yes I believe so. PR token will be deflationary in it’s own regards and rewards.
The original setup was that if NEM XPOS were used it would burn some npxsxem, but that’s not the case anymore.
But perhaps the team can confirm this. My understanding is that, as it stands every crypto related transaction removes a bit of pundix only.
Y u can just buyback ( example 3%) of tokens per quarter and burn them. This will help in token price increase and pundix holders will also benefit instead of reward token. Zac please reply. We will do for one year initially and take it from there.
Feel free to buy and burn 3% every quarter @gobs
That would help us all. Thanks in advance
I asked whether company can do that
these are elements of a pump-strategy, and Pundix has build-strategy
we are burning coins like binance so that supply get reduced. This is build strategy only
already has a quarterly token burn that will increase with adoption, the el Salvador alone is likely to increase the burn by a % each quarter already, they just reduced the supply by 258 billion token, the PUNDIX token dose actually need to have a life span to do a very important job, to do any more you might as well cut the horses neck.
each transaction, 20% of the tokens will be burned is too expensive.the value of NPXSXEM is 20% down right away.
and I think that pundix team fix the total amount of PR token to supply.