The Paradox of creating a cryptocurrency that benefits from the stability and historical reliability of Silver while still inheriting the dynamic and limitless potential of digital currencies.
1% - reflections
1% - reflections
2% - reflections
1% - transfers reflection
Reflections - a portion of every transaction is automatically redistributed to existing token holders. This rewards holders for simply holding the token, fostering a passive income mechanism incentivizing even more store of value potential.
Paradox will be backed initially in Silver, future ramifications of collateral will be possible
Started on the Binance Smart Chain, choosing security and stability over anything else
Our max supply will always be 4,700,000,047, nr. 47 is the atomic number of Silver
Your tokens multiply in your wallet, just by holding, a carbon neutral form of "mining"
Paradox will never stop evolving, it will explore limitless paths in getting real intrinsic value
Time is on the side of Paradox since the collateral selected will only go up in value
This section is regularly updated, tokens that are not locked or controlled are considered community tokens, we strive to reach a goal of 85% community decentralization in a span of 10-15 years. The logistics behind the project will feed on the 7% silver fund kickstarter and 7% development funds. The Reserve, comprising 15%, will be fortified with a tangible backing in real silver. A comprehensive exposition of the detailed implementation of this strategic initiative will be articulated in subsequent iterations of the Paradox whitepaper.
By employing a fractional reserve of silver, the token aims to provide an intrinsic value while also being infinitely scalable, overcoming the restrictions of conventional physical assets.
Paradox will keep reflections forever, as a means to reward long term position holding and a way to “Transfer wealth from the impatient to the patient”.
Governance of the Paradox will be given to the community with some control mechanisms in place to not lose sight of the core values of the project.
Securing Silver in Space: Paradox – Where Tangible Value Meets Limitless Potential.
Silver is a very unreactive metal and in its natural state in solid form, it is not at all flammable nor is it considered to be combustible. So... no.