Project X
  • Introductions
  • Vision & Values
    • Exploring the Crypto Universe, Together
    • Phase 1: Community DeFi-as-a-Service
    • Phase 2: DaaS and NaaS with an Upgraded Contract
    • The Road Ahead: Evolving into a Comprehensive Community Crypto Platform
    • Roadmap
      • Q1 2022
      • Q2 2022
      • Q3 2022
      • Onwards
  • Fundamentals
    • Nodes
      • Fundamentals
      • Creation Distribution
      • Fee Schedule
    • Taxation & Trading Slippage
    • Sustainability
    • Over-The-Counter Service
    • Project Wallets and Uses
  • TECHNICALS
    • Database
  • Further Information
    • Security
    • Links
    • Disclaimer
      • Tokenomics
        • Version 1 - $PXT
        • Version 2 - $PXT2
        • Version 3 - $PXT
Powered by GitBook
On this page
  1. Fundamentals

Project Wallets and Uses

0x92e01e2F29084DDAf3d099FB56191EDAe066F0E9

The Operations Pool is used to pay for all project overhead, logistics, and growing the project. This includes but is not limited to $PXT buybacks, Project X liquidity, team payments, project marketing, and any other operating expenses required.

0x4A4082aC05a0a6faaf5e2283E24C1B1DF2870556

The Smoothing Reserve is a flexible project reserve that can be deployed wherever needed depending on needs and market circumstances. The Smoothing Reserve may be used to buy back $PXT, supplement the Rewards Pool, or take any action deemed beneficial or necessary to ensure project sustainability.

0x68041dc29775C9EE6e10671204895593e4b6330F

The Treasury is the source of Project X's investments. The Treasury is funded with AVAX acquired from node creation and Sell Taxes, and holds a combination of AVAX and project investments. These investments will be a mix of yield-bearing assets, long term equities, and flexible income generating assets that can provide more income to the Treasury and project as a whole, such as PoW block creation (mining) and PoS block validation. They may also include other items, such as L1 assets that are deemed to have upside price potential to further the future profitability of the Treasury.

0xADbf6ee98f86D5c234D60662639D0C067818294e

PreviousOver-The-Counter ServiceNextDatabase

Last updated 2 years ago