PBX: Raising the Stakes
6-weeks ago we announced native staking was being developed for holders of PBX and today we’re excited to share some groundbreaking and unexpected news. Not only will staking be live in the coming days, but the rewards for staking have jumped from 10–20% APY to a whopping 20–30% APY.
6-weeks ago we announced native staking was being developed for holders of PBX and today we’re excited to share some groundbreaking and unexpected news. Not only will staking be live in the coming days, but the rewards for staking have jumped from 10–20% APY to a whopping 20–30% APY.
As if that wasn’t enough we’ve also increased the maximum size of the staking pools and all of this is without any additional risk to our treasury and coin supply. When all available slots in the pools are filled we’ll have achieved an astounding token lock of 1,125,000,000 PBX!
Our developers have worked tirelessly around the clock to fast-track the staking feature as a way of saying thank you to all our early supporters and community members. We’ve managed to successfully balance the fast pace of development and the security of the app, achieving the final sign-off today.
As a special holiday gift, we’re releasing the live staking app on Tuesday 28th December at 2:00 pm GMT
Pick Your Pool:
The three pools are Aereus, Argenti, and Aurum.
- Aereus allows you to stake anywhere from 50,000 to 2,000,000 PBX, locked for just 90 days with an incredible reward level of 20% APY.
- Argenti allows you to stake between 500,000 and 3,000,000 PBX, locked for 180 days in return for a substantial reward level of 25% APY.
- The largest pool, Aurum, allows you to stake from 1,000,000 to 6,000,000 PBX for 365 days in return for a jaw-dropping 30% APY reward level.
The pool capacity for Aereus is 250 million PBX, for Argenti, it’s 375 million PBX, and for Aurum, the maximum pool capacity is 500 million PBX. In total up to 1.125 billion PBX will be locked out of circulation.
The past few weeks have been a whirlwind to get to the point where the app has successfully passed both our own internal quality assurance testing and external auditing. We couldn’t have done this without the hard work and dedication of our incredibly talented development team and the support of our loyal community.
Thank you to everyone that’s joined us so far in this amazing journey, we look forward to more groundbreaking developments in 2022 and wish everyone a Merry Christmas, Happy Holidays, and a Happy New Year.
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