PREDIX NETWORK | PRDX - InformationPREDIX NETWORK
PROOF OF STAKE
PRDX runs on a 3 tier simulated Proof of Stake (POS) mechanism that allows users to lock up their Tokens inside of the Predix Smart Contract in exchange for staking rewards. To participate, the minimum needed is only 50 tokens.
All tokens are minted from the start and partially locked in special contracts, beginning with a small circulating supply and enabling holders to receive extra rewards, all while regular token burns continue to decrease the supply over time.
Think you can make a guess on where a market is going? Then you can potentially multiply your bets by several hundred %! If bets are too far off the price at the end, some of the tokens used for them are burned.
LET'S GET READY TO RUMBLE!