About Paramount Staker
You might be asking yourself how is this Protocol sustainable, how is it any different than all the previous ones that failed miserably. The answer is simple we started from scratch - the only thing we changed is everything.
INSURANCE POOL A second contract will manage the insurance pool on all chains; The pool will be funded through 2% of the withdrawal tax and 17.5% from force withdrawals. If the primary contract decreases by 30% of the highest contract balance amount in the last 7 days, the insurance pool will fund the main contract.
ANTI-WHALE COOLDOWN We have implemented a deposit&withdraw cycle and limit, which will prevent whales from targeting our protocol and manipulating it.
Deposit up to 18 BNB every 8 hours.
Withdrawal up to 6 BNB every 8 hours.
● All dividends are calculated at the moment of request and available for withdrawal 3 times a day, each 8 hour.
AUTOMATIC REINVEST 10% of the withdrawal fees come directly back to you as a re-investment in a plan of choice.
DAILY PROFIT MAXIMIZER & AUTO COMPOUND Daily profit increase of 0.02% each day. This means that if you have staked in a locked plan, your profit is compounded at a daily rate of 0.02% on top of the original amount each day.
HOLD BONUS Hold-bonus increases by 0.2% per day, and Max is 2%. if users withdraw, Hold-bonus will reset to 0
SNOOZE OPTION Users can extend their investment duration and increase their total return by using the “snooze” function for their active deposits after the end of a plan. Before withdrawing it, they can increase the deposit duration between 1 to 7 days. The total return increases based on a compound formula.
FORCE WITHDRAW Force withdrawal is for emergencies, there is a 35% tax applied, and you can only withdraw the deposit amount. We did this, so people don’t try to exploit this mechanism. The tax is broken down between the project's multiple wallets like every other tax. The force withdrawal feature assures that no one can experience a total loss.
MULTILEVEL REFERRAL SYSTEM
Total referral rewards 14% ● Level 1 - 8% ● Level 2 - 4% ● Level 3 - 2%
CHAINS
Launched
● Avalanche Network 04/24/2022 - 20:00 PM UTC / GMT+0
● Binance Smart Chain 04/26/2022 - 20:00 PM UTC / GMT+0
● Cronos Network 04/28/2022 - 20:00 PM UTC / GMT+0
Upcoming launches:
● Fantom Network 05/02/2022 - 20:00 PM UTC / GMT+0
Audits:
● Audit by Solid Proof: github.com/solidproof/projects/tree/main/Paramount
● Audit by Haze Crypto: https://hazecrypto.net/audit/paramountstaker
INSURANCE POOL A second contract will manage the insurance pool on all chains; The pool will be funded through 2% of the withdrawal tax and 17.5% from force withdrawals. If the primary contract decreases by 30% of the highest contract balance amount in the last 7 days, the insurance pool will fund the main contract.
ANTI-WHALE COOLDOWN We have implemented a deposit&withdraw cycle and limit, which will prevent whales from targeting our protocol and manipulating it.
Deposit up to 18 BNB every 8 hours.
Withdrawal up to 6 BNB every 8 hours.
● All dividends are calculated at the moment of request and available for withdrawal 3 times a day, each 8 hour.
AUTOMATIC REINVEST 10% of the withdrawal fees come directly back to you as a re-investment in a plan of choice.
DAILY PROFIT MAXIMIZER & AUTO COMPOUND Daily profit increase of 0.02% each day. This means that if you have staked in a locked plan, your profit is compounded at a daily rate of 0.02% on top of the original amount each day.
HOLD BONUS Hold-bonus increases by 0.2% per day, and Max is 2%. if users withdraw, Hold-bonus will reset to 0
SNOOZE OPTION Users can extend their investment duration and increase their total return by using the “snooze” function for their active deposits after the end of a plan. Before withdrawing it, they can increase the deposit duration between 1 to 7 days. The total return increases based on a compound formula.
FORCE WITHDRAW Force withdrawal is for emergencies, there is a 35% tax applied, and you can only withdraw the deposit amount. We did this, so people don’t try to exploit this mechanism. The tax is broken down between the project's multiple wallets like every other tax. The force withdrawal feature assures that no one can experience a total loss.
MULTILEVEL REFERRAL SYSTEM
Total referral rewards 14% ● Level 1 - 8% ● Level 2 - 4% ● Level 3 - 2%
CHAINS
Launched
● Avalanche Network 04/24/2022 - 20:00 PM UTC / GMT+0
● Binance Smart Chain 04/26/2022 - 20:00 PM UTC / GMT+0
● Cronos Network 04/28/2022 - 20:00 PM UTC / GMT+0
Upcoming launches:
● Fantom Network 05/02/2022 - 20:00 PM UTC / GMT+0
Audits:
● Audit by Solid Proof: github.com/solidproof/projects/tree/main/Paramount
● Audit by Haze Crypto: https://hazecrypto.net/audit/paramountstaker