Profitable Staking & Unique Tier Model from Promodex
Promodex platform performs its first public sale. Standing out with its extremely strict tokenomics policy, Promodex offers very attractive staking opportunities to investors.
PROMO Token Starts Staking Focused
Promodex, gets ready to serve as the world’s first blockchain based programmatic Promotion Platform. The Platform started public sale for its native token PROMO on February 21.
Promodex has an extremely strict tokenomics policy for Promo token. The most distinctive feature of Promo tokenomics is the anti — whale policy. That’s why, Promodex team keeps the vesting period of big investors longer.
Fixed APR and Flexible APR pools
Fixed APR Pool
Promodex is a multifunctional platform. It is a social media campaign platform as well as an IDO token sale platform with ‘Promodex Launchpad’
Investors who wish to participate in token sale on Promodex launchpad have to stake Promo token on the platform staking section. The period of staking which is defined by stakers, has various APR rates as well as tier model effect. The least staking period is 30 days that goes up to 1095 days. As the staking period gets longer the staking APR increases.
Flexible APR pool
Flexible APR staking pool has a daily total 5000 Promo reward which is distributed to the stakers. So the reward APR rate varies upon the number of total staked Promo in the pool.
The penalties of those who disrupt the staking rules in the pool, are distributed to the investors as a staking reward. In the flexible staking model, it is possible to get a very high revenue. In this way, investors can participate in IDO token sales, while earning staking revenue.
Finally, thanks to its extremely limited supply and long staking time, Promo token targets a very low circulation and a very high price.
Unique and Innovative Tier Model of Promodex
The world’s first Programmatic Promotion Platform, Promodex is a IDO token sale launchpad as well.
On Binance Smart Chain, the platform serves as a token swap platform for the new project token sale for fundraising.
Promodex has a Fair-Tier-Point(FTP) model for token sale allocation. This model is both providing opportunity to small investors and encouraging the big investors for large scale.
Promodex has 6 levels of Tier model to define the token allocation for IDO launchpad. So Promodex provides a good distribution of tokens to investors for better community development.
What is Promodex IDO Launchpad Fair-Tier-Point (FTP)?
Nowadays, there are many launchpads. But, most of them are single functional as well as having problems in their tier models. Because either small investors are not able to get any token allocation in token sale due to FCFS application which is exploited by bots or no allocation defined due to unfair tier models.
So projects that wish to reach a wider community are harmed. So Promodex sorts out this problem by the Fair-Tier-Point (FTP) model. There are 3 parameters for the FTP model.
- Amount of Promo staked
- Stake constant defined according to total amount of Promo staked
- Duration of staking
In the following there is Stake constant table according to the total amount of Promo staked
After staking FTP is calculated as in the following.
Fair-Tier-Point= Amount of Promo staked x Tier Constant x Staking Period
1000
By means of FTP model;
- Small investors can stake longer period and get higher points for higher tier level
- Medium investors can stake longer period and reach top level of tier
- Big investors can stake less token and get good level of tier
Promodex Launchpad 6 Tier Models
Promodex Launchpad Tier Models; It consists of six levels: Bronze, Silver, Gold, Platinum, Diamond and Premium
Whitelisting: Inclusive of mostly social media share
Promodex Launchpad 6 Tier Model Allocation
There are 6 level of Tier on Promodex Tier model
First 2 (Bronze and Silver) level gets allocation with a lottery.
Premium participants get a Private Allocation of additional token.
If there are more tokens left after the allocation round, FCFS is applied then Diamond and Premium members have priority to purchase the rest of the tokens left.
The IDO token sale allocation is defined and sealed, 5 hours before the token sale round.
Sample case:
For example 27.800 Promo was staked for 90 days either Fixed or Flexible APR (APR regime is irrelevant to Fair Tier Point Calculation). 27.800 is in between the 25.000–49.00 range which has a “Tier Constant” of 1,70. Then tier point calculated as tier level is defined as in the following.
Tier Point= 27.800 x 1,70 x 90/1.000 = 4.253,4
Tier Level: Silver
Allocation
Allocation for a token sale is done 5 hours before the token sale round. Allocation of the token pool for sale is distributed according to each member’s exact Tier point. So if the member has 4.253,4 points then the exact point of 4253,4 points is added to the allocation pool. So, suppose there is a total of 5.456.375 Tier points of all Promodex platform members. Then the member gets a 4.253,4/5.456.375 ratio of the token allocation for a sale. That is 0,077%.
In the case of 200.000 USD of token sale the member’s personal allocation is calculated as;
Personal allocation= 200.000 x 0,077%= 154 USD
