PORTX Token

The PORTX token is the native token of the ChainPort ecosystem. PORTX is used to reduce porting fees and reward users for participating in the ChainPort ecosystem.

ChainPort’s token distribution has been carefully calculated to guarantee long-term sustainability and growth. Vesting contracts increase transparency and reduce sell pressure. Incentives assist with expansion.

PORTX Perpetual Staking

The PORTX token is ChainPort's utility token. PORTX holders can stake their tokens to for discounted porting fees and earn rewards in the form of PORTX tokens. The rewards are generated from porting fees which are converted to PORTX. Additionally, ChainPort occasionally adds extra staking rewards in some epochs.

Pay reduced port fees with PORTX

Earn Staking Rewards From All the Collected Fees

Earn PORTX as a Special Staking Reward

Earn Participation Points for staking

What is a Perpetual Staking Contract?

A perpetual staking contract is a smart contract that allows users to stake their assets continuously without a specified end date. This contract can have multiple epochs and each epoch can have a different configuration. These configurations can include the number of rewards for each epoch and other features.

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Updated on: 19/12/2023