Paxe PricePAXEInactive

What is Paxe (PAXE)?

Paxe (PAXE) is a BEP-20 token deployed on the BNB Smart Chain, positioned as a multi-chain Native Yield portal and farming platform built for the decentralized finance ecosystem. Paxe launched in 2024 and was listed on CoinMarketCap on 29 July 2024. The project is designed to streamline how users generate and optimize yield across multiple blockchain networks. According to its project description, PAXE allocates liquidity across various chains and redeposits initial tokens into partner farms to pursue the highest available yields. Users deposit tokens through the platform gateway, which are then redeposited into partner farms to generate yield, according to the project description. PAXE has a total and maximum supply of 100,000,000 tokens, with a circulating supply of 3,000,000 PAXE, representing approximately 3% of the total. The project is listed on CoinMarketCap with a preview page status and a self-reported listing tier, indicating it remains in an early stage of development and market visibility.

Key Specifications & Tokenomics

• Name: Paxe
• Ticker/Symbol: PAXE
• Blockchain: BNB Smart Chain
• Token Standard: BEP-20 (18 decimals)
• Contract Address: 0xd2a3eec06719d5ac66248003b5488e02165dd2fa
• Total Supply: 100,000,000 PAXE
• Max Supply: 100,000,000 PAXE
• Circulating Supply: 3,000,000 PAXE
• Allocation: Private 5% (5,000,000 PAXE); Liquidity 1.149%
• Categories: DeFi, Staking, DAO, Governance, Yield Farming
• CertiK Rating: 3.0
• CoinMarketCap ID: 32465
• Official Website: https://www.paxe.io/
• Whitepaper / Technical Documentation: https://docs.paxe.io/
• Source Code: https://github.com/PaxeFi
• Block Explorer: https://bscscan.com/token/0xd2a3eec06719d5ac66248003b5488e02165dd2fa

Who created Paxe?

According to the project's official Facebook post, the core team includes Dr. Kaspar Derichs, Global CEO, who founded Coinalogy (Series D exit) and sits on the Executive Committee of the Deutschland CryptoCurrency Online. Additional leadership information is tracked on CB Insights. No further named founders or organizational details are publicly documented. The project references a community-driven development model, and community channels including Telegram, Discord, Twitter, and GitHub are referenced in third-party listings. Prospective users and investors should conduct their own research regarding the project's background and development team.

How does Paxe work?

Paxe operates as a multi-chain Native Yield portal that integrates with various blockchain networks to provide a unified platform for depositing and staking tokens across multiple farms. When users deposit tokens into the PAXE gateway, those tokens are redeposited into partner farms to generate yield. According to the project description, PAXE allocates liquidity across chains and redeposits deposited tokens into partner farms in pursuit of higher yields; independent verification of this mechanism is not available. The project description focuses on aggregating yield from partner farms across chains; no revenue-sharing terms are documented in the available references. The technology combines blockchain infrastructure with financial strategy to deliver a streamlined yield farming experience.

What makes Paxe unique and valuable?

Paxe distinguishes itself through its multi-chain compatibility, which allows users to access yield opportunities across different blockchain ecosystems rather than being confined to a single network. The project presents multi-chain allocation as a way to spread exposure across DeFi markets, though yield farming carries smart-contract, liquidity and token-price risk. The platform's Native Yield model automatically redeposits user tokens into partner farms, reducing the manual effort typically required for yield farming. The points system, which includes assets like stPAXE and pBNB, adds a speculative dimension by potentially linking participation to airdrop rewards. Additionally, Paxe incorporates a revenue-sharing mechanism that allows users to benefit from the platform's overall success. With a stated focus on security, efficiency, and community-driven development, PAXE aims to serve both novice and experienced DeFi participants seeking to optimize their yield strategies.

What is Paxe used for?

PAXE serves multiple functions within its ecosystem. Primarily, it is used to participate in the platform's yield farming and staking mechanisms, where deposited tokens are allocated to partner farms for yield generation. PAXE is tagged under the Governance and Yield Farming categories on LiveCoinWatch; the specific governance rights attached to the token are not documented in the available references. Users can earn Points such as stPAXE, pMATIC, pETH, and pBNB through platform participation, which may lead to airdrop rewards. PAXE may be available for swapping through Crypto.com's Onchain product, according to the Crypto.com price page. The token's utility is tied to the platform's revenue-sharing model, where participation in liquidity farming and staking contributes to and benefits from the platform's growth.

How Is the Paxe ecosystem developing?

The Paxe ecosystem is in an early stage of development, as reflected by its preview page status on CoinMarketCap and self-reported listing tier. PAXE is tracked on CoinMarketCap, Crypto.com, LiveCoinWatch and BscScan, but coverage is limited to price-tracking pages. The project maintains community channels referenced across third-party listings, including Telegram, Discord, Twitter, and GitHub. The ecosystem includes partner farms for yield generation, a points system with multiple asset types, and a revenue-sharing mechanism. Trading activity is thin, and 24-hour volume figures reported by trackers are low or unavailable. PAXE is tracked on several price aggregators, including CoinMarketCap, Crypto.com, LiveCoinWatch and Forbes Crypto, and a Crypto.com price page offers buy options; broader exchange coverage and liquidity remain limited.

How to mine Paxe?

Paxe (PAXE) is not a mineable cryptocurrency in the traditional proof-of-work sense. As a BEP-20 token on the BNB Smart Chain, PAXE does not have a mining mechanism. Instead, users can acquire PAXE through onchain swapping or by participating in the platform's yield farming and staking programs. The platform allows users to deposit tokens into the PAXE gateway, which are then redeposited into partner farms to generate yield. Users can earn Points such as stPAXE, pMATIC, pETH, and pBNB through participation, which may lead to airdrop rewards. Staking and liquidity provision are the primary methods for earning returns within the Paxe ecosystem, rather than mining.

How to keep your Paxe Coin safe?

Keeping PAXE tokens safe requires standard cryptocurrency security practices. Since PAXE is a BEP-20 token on the BNB Smart Chain, users should store their tokens in a reputable wallet that supports BEP-20 assets, such as hardware wallets or established software wallets. Users should verify the official contract address (0xd2a3eec06719d5ac66248003b5488e02165dd2fa) before interacting with any token or platform to avoid counterfeit assets. Private keys and seed phrases should never be shared with anyone, and users should be cautious of phishing attempts, fake websites, and unsolicited messages on social media platforms. Enabling two-factor authentication on associated accounts and using hardware wallets for significant holdings are recommended practices. No third-party audit report, audit provider or bug bounty program for PAXE is documented in the available references. Users should verify the contract address on BscScan before interacting with the token. The project's official channels listed in registry data are https://t.me/paxe_fi and https://twitter.com/paxe_fi; verify these before trusting any other account.