Paradox | $PDX
@paradoxErc425
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A collection of 10,000 semi-fungible tokens. Taking the Experimental standard to next level. Embrace the twist, defy the norm, ride the paradox.
Joined February 2024
Don't wanna be here?
Send us removal request.
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UPDATES.............
1- Frontend and backend being connected 🔃
2- Fasten your seatbelt, soon we are taking off ✈️
3- Apologies for the little delay, focus = high quality over speed $PDX
4- Desktop version: 💻 (test)
5- This will be something unique you
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Introducing NFT Aging Technology of ERC425
When purchasing an ERC425 token, you will receive an accompanying NFT. Typically, this initial NFT is a paradox box, with a chance of obtaining a rare black box through luck. Regardless of the rarity of the initial NFT, each box begins
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$PDX | Initial Mockups
- We have completed the initial main screens for the mock-up, and the secondary screens are scheduled for completion tomorrow. We will finalize them after gathering feedback from the community.
- Simultaneously , development has commenced on the smart
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📢 Partnership Announcement:
$PDX X $FAKEAI 🤝
We are thrilled to unveil an exciting collaboration between Paradox and $FAKEAI!
@DeepfakeAI_
is offering their bot for free usage to all $PDX users for 1 week !
#paradoxFakeAI
#FAKEAI
#ERC425
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$PDX ERC-425
What if we told you your NFTs now have birthdays?
At $PDX NFTs, your
#NFTs
begin to mature based on how long you've been hodling them.
Each maturation stage represents a boost in APR on our upcoming platform.
At $PDX, we're gamifying an experience that's
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$PDX ERC425 —- The first stable token standard, taking the experiment to next level.
- The cheapest gas ever - 95%+ cheaper than ERC404, 90%+ cheaper than DN404 and MINER
- Gas savings are possible by implementing Kornecker Delta Function using bitmap storage architecture.
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$PDX ERC-425
Announcement: Phase-1 of the Roadmap Completed
We are thrilled to announce that Phase-1 of our roadmap has been successfully completed, thanks to the dedicated efforts of our tech team. Here's a breakdown of our achievements this week:
- Finalized the design for
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💥Brace for impact, our game-changing NFT platform! Introducing ERC-425, a groundbreaking standard revolutionizing NFT liquidity! With features like Dynamint and aging NFTs 🎨, get ready for a dynamic, evolving and timeless digital asset experience like never before.
⏳ Stay
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NFT aging is live.
Your NFTs have begun to mature, depending on the duration you have been holding them.
Each NFT is starting to acquire traits and evolve based on your holding period.
Matured NFTs carry more weight on the platform compared to others.
Here's an
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$PDX Thread Competition
Prize 🏆 :1000$
Create the best informative Twitter thread about Paradox, highlighting its features, the issues it solves, and its potential impact on the ERC-404 ecosystem, for a chance to win $1000!
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$PDX has passed the Tech-rate audit with flying colours.
We are working on more audits to add extra layer of security.
$PDX is the most scalable and secure iteration of Pandora.
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The Paradox NFT Aging Mechanism
Our NFTs undergo three distinct evolution phases, each corresponding to different weightage and APR:
1. The Initial Stage: Maturation begins after 15 days of ownership, rewarding the initial holders with a 1x boost on the yield. NFTs in this
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Paradox ERC-425: A Hybrid Approach
Paradox aims to revolutionize the landscape by transforming illiquid NFTs into liquid ERC-20 assets allowing users to farm over illiquid assets by providing liquidity.
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$PDX NFTs' next evolution is coming.
Our nfts have birthdays, do yours ?
NFT aging a one-of-a-kind innovation where NFTs evolve based on how long you have been holding them.
In the Intermediate Stage, holders progress to the next level of evolution, receiving a 2x boost on
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PDX the next gen
#ERC404
:
NFT minting as CHEAP as transfer of ERC-20 tokens.
NFT’s Have birthdays NOW!
$PDX transforming illiquid NFTs into liquid assets.
#pandora
#Erc404NFT
#ERC425
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$PDX ERC-425| Benchmarking
Gas Benchmark in buy(uniswap, etc) transactions (A comparison between ERC-425 and other Hybrids)
Benchmarked on 4 buy loops:
ERC-425 : 143763 gas units
Other “hybrid” : 204677 gas units
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📢 Partnership Announcement:
Paradox X OTSEA 🤝
We are thrilled to unveil an exciting collaboration between Paradox and
@OTSeaERC20
Users can now unlock OTC opportunities directly via, OTSea minibot from our telegram!
#ParadoxOTSEA
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$PDX isn't just the most gas-efficient; it's also the most secure iteration of 404
Let’s talk about security:
Erc-425 Security Measures:
1. Enhanced Transfer Checks:
- Multiple checks have been added to each transfer to prevent any exploitation of paradox.
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📢 Partnership Announcement:
$PDX X $Vault 🤝
We are thrilled to unveil an exciting collaboration between Paradox and $VAULT!
$PDX is now integrated on
@VaultTechHub
!
We are happy to announce we are integrating
@paradoxErc425
$PDX is the most efficient, secure and scalable iteration of 404. Transforming existing illiquid NFTS into liquid assets, Earn yield on your semi-fungible tokens from non-fungible tokens.
We will be adding them to our
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ENTERING WEEK 2 OF PARADOX LIQUIDITY BRIDGE
- The tech team is moving into the second week of the Paradox Liquidity Bridge project after a successful first week.
- Week 2 focuses on developing smart contracts for the protocol with a strong emphasis on security to prevent any
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Paradox | Erc-425
NFT Rarity Scale :
Black > Green > Grey > Red > Blue
NFT Aging:
A feature where holding an NFT for an extended period gradually imbues it with unique traits, potentially transforming it into a rare and one-of-a-kind NFT.
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WEEK 1 UPDATE OF $PDX LIQUIDITY BRIDGE
Since the announcement of the platform and the roadmap, our tech team has been working around the clock, and we are on track according to the roadmap. This week has been highly productive, marked by significant progress in development,
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$PDX
#ERC425
What do your NFTs do? Ours mature,
An intriguing gamification of the process while also adding appropriate value to them.
Hodl your tokens and watch your NFT’s mature and grow traits.
Paradox: Elevating simplicity, adding coolness, and a touch more fun.
#Erc404
NFT aging is live.
Your NFTs have begun to mature, depending on the duration you have been holding them.
Each NFT is starting to acquire traits and evolve based on your holding period.
Matured NFTs carry more weight on the platform compared to others.
Here's an
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$PDX next gen
#ERC404
259.20 Gwei for ETH, a complete disaster for new protocols.
people paying 135$ with 69 gwei in gas fee on
#PANDORA
#ERC404
what if i tell u there's a protocol, called
@paradoxErc425
#ERC425
, that makes u pay only 70$ with 131 gwei?
a thread about $PDX
txns inside the thread
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$PDX ERC-425|Hybrid
Our Git repository is live!
The contract version on GitHub aligns with what $PDX currently has.
We have already devised a method to further reduce gas prices, stay tuned for upcoming updates!
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$PDX ERC-425 |
$PDX Creator/Artist Onboarding:
As a standout feature of our forthcoming platform, we introduce:
1. Seamless Integration with ERC-425:
- Users can seamlessly integrate with ERC-425.
- This integration enables effortless showcasing of their creations.
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$PDX ERC-425| Hybrid
$PDX is not just an improved version of the 404 standard; we have introduced something that has never been seen before in the NFT landscape!
The second phase of evolution is live.
It has been 18 days since launch, and many people who have been holding for
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The initial frontend for $PDX is now live on .
Please note that it is optimized for PC use only; mobile optimization is still in progress.
More things will follow along in succession
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$PDX | ERC425 Hybrid
$12,000 worth of tokens were bought at the market price and then burned.
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$PDX | ERC-425.
Today marks the commencement of Phase-1 of our roadmap
Detailed information regarding this phase is provided in the attached image.
It's noteworthy that we are currently ahead of schedule.
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Really nice video on $PDX
Explains the NFT Aging mechanism perfectly!
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$PDX ERC-425| Hybrid
Our website's first iteration is live. Stay tuned for upcoming changes!
Visit .
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PARADOX LIQUIDITY BRIDGE - DEVELOPMENT UPDATE - WEEK 4
Over the past three weeks, our focus has been on the Paradox Liquidity Bridge, encompassing the conceptualization of the protocol's architecture to testing the first iteration of smart contracts. However, the hybrid nature
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$PDX is now getting listed on
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Welcome to THE FUTURE of
#NFT
, welcome to $pdx.
NFT:Evolution 2 is shining☀️, the team of developers are finishing the platform within the next 15 days.
#nft
#hybridnft
#crypto
#GeminiFourth
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Roadmap for Paradox ERC-425:
Below is the roadmap for the mainnet launch of $PDX. Unlike many other tokens, which announce utility and never deliver, we are working 24/7 to deliver the utility in just few weeks.
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Soon we are launching the platform but for our new investors a read:
Hybrid ERC-425, DynaMINT, NFT Aging, other standards and gas fees
#ERC404
#ERC425
#NFT
#cryptocurrency
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Paradox ERC425 goes Open Source
Today, we verified the PARADOX ERC425 contracts on etherscan.
Hey
@Pandora_ERC404
we have fixed all of the issues present with ERC 404.
With $PDX minting NFT’s is as cheap as transferring erc-20 tokens.
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WELCOME TO THE EVOLUTION OF $PDX
And this is only the beginning of the journey
Stay tuned.....
#ERC404
#ERC425
#NFT
#cryptocurrency
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This is just the initial phase of the concept; it will continue to evolve. We can add more features or make changes as deemed necessary, based on community feedback.
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1/ Paradox ERC-425
Addressing the Liquidity Crisis: unlocking real yield opportunities with ERC-425
Liquidity has always been the biggest issue in the NFT market,and while the standard ERC-404 has made strides in addressing this,it doesn't solve the problem with existing NFTs
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$PDX ERC-425| Hybrid
The initial phase of our code deployment on GitHub is now live.
This marks the initial commit to the repository, containing only a semi-skeleton of ERC425's codebase.
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🚀 Just submitted our request to list $PDX on
@CoinGecko
!
🎫 Request ID: CL2202240055
🔗 GeckoTerminal URL:
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Paradox ERC425's Dynamic NFT Minting Technology
Unlike any other ERC404 hybrids, we have introduced "DynaMINT",
A dynamic NFTs minting mechanism which decides which NFT to mint based on the various parameters of the current state of the blockchain.
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ERC-425| Hybrid
Paradox ( $PDX) is the most efficient, secure and scalable iteration of 404.
#Pandora
paved the way; now it's our turn to build on it. $PDX is here to build on upon what's been done and solve major existing issues.
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$PDX ERC-425|
Highlighted are some of the features of ERC-425 and the distinguishing factors that make it stand out.
$PDX NFT’s use less storage than any other
#ERC404
token
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Error 425 - too early.
$PDX is not just a unique contract;we believe in the vision of this revolutionary standard that will completely change the way we have known NFTs.
$PDX aims to further develop and provide value to this experimental standard.We will release our GitHub soon
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This is just the initial phase of the concept; it will continue to evolve. We can add more features or make changes as deemed necessary, based on community feedback.
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$PDX is the most gas-efficient and secure iteration of ERC-404.
There is no other hybrid that is more cost-efficient than us, and Etherscan is a testament to it.
a new protocol, which i won't name, said that they've the cheapest gas out there for minting erc-1155 on a hybrid 404 protocol.
i'll compare this "noname" vs
@paradoxErc425
:
44$ in gas fees vs 20$ in gas fees to mint 1 $PDX
CA: 0x8b8aa7777E18408c07b0eD52cA3dD5bDab34Eb7E
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ERC425 —-The first stable token standard, taking the experiment to next level.
$PDX gas costs are reduced more than 50% compared to those of other hybrids.
(ERC-X, DN404, and ERC-404)
Detailed thread and GitHub will be posted soon, along with appropriate locks.
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Paradox |ERC-45
$PDX is now listed on coin-gecko.
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-some of the hybrids solved it by implementation of an NFT token IDs banking mechanism and reusing the burned NFT token IDs (This mechanism additional pressure on already unsustainable gas costs)
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- We “ Permanently“ addressed this issue by branching the transfer function for ERC1155 NFTs and associated ERC20 tokens. This ensures compatibility with established ERC token standards and significantly enhances ERC425's robustness
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And if you compare it with pandora then the difference is of day and night.
Users can perform tests themselves.
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- Design and implement the "Interest Rate Model"
- Develop Mirror NFTs ERC425 token.
- Build the logic for deciding the Loan Health Factor.
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Paradox $PDX | Nft collection is live, we will share soon how they are going to be utilised.
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Below are the state details of Ethereum mainnet, at the instance of forking:
Forked Network: Ethereum Mainnet
Forked at block number: 19304744
Existing transactions: 2,272.88 M
Node Provider: Infura
RPC:
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Week 2:
- Develop the oracles for feeding NFTs prices from various marketplaces.
- Testing the smart contracts.
- Testing the infrastructure as a whole.
- Testnet Launch.
Week 3:
- Security Audits.
- Mainnet Launch.
- Adding support for more NFT collections.
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Anyone can now go through our contracts and feel free to find any exploits.
We added multiple security measures to prevent any kind of exploits, so we are inviting everyone to see how well they are crafted.
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3. Encouraging Collaboration:
~This initiative aims to foster collaboration with our platform.
~ It also provides incentives for $PDX holders.
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4. Community Growth
- The introduction of this feature represents a significant step towards cultivating a dynamic creator community within our ecosystem.
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- Branching of transfers of NFTs and ERC20 tokens through different functions
- Fixed Vulnerabilities in ERC404 and other experimental token standards using branching in transfers.
- NFT minting and transfers are now as cheap as ERC20 transfers
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Paradox | ERC-425 Hybrid
Paradox is the edge of reason, where contradictions collide.
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The remaining code will be released in phases in future commits to this same repository.
This commit also includes a README file explaining what sets us apart from others, its core features, and how we addressed the exploits present in other hybrids of ERC404.
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- Gas fees incurred by these checks are offset by the highly efficient burning and minting architecture of ERC425.
2. Comprehensive Implementation:
- These checks are strategically placed throughout various functions of ERC425.
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ERC425 is the most gas-optimised
#ERC404
hybrid out there.
Let's all collaborate and contribute together toward the ERC425 standard, instead of branching into a ton of hybrids with different names.
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3. Another Major issue addressed by $PDX
- In Pandora and other hybrids, a significant issue lies which is, when token ID becomes as high as dust decimals of associated ERC20, the single transfer logic implemented for all these tokens contains a major vulnerability.
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Benchmarks are transacted on a local node, which is forked from Ethereum mainnet at most recent state.
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Some adaptations of ERC404 fixed this by implementing a NFT token IDs banking mechanism and reusing the burned NFT token IDs. This mechanism puts an additional pressure on already unsustainable gas costs of
#ERC404
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- This ensures that even if someone gains unauthorized access to funds, they cannot sell them.
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In ERC425, instead of adding a patch to this exploit, we fixed this once and for all by branching the transfer function for ERC1155 NFTs and associated ERC20 tokens. Making ERC425 as robust as published ERC token standards.
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- NFT token IDs are unique, you wont get someone’s token ID when you mint a new NFT.
- Native support for ERC20 and ERC1155
- Offers the best of both ERC20 & ERC1155.
- Works just like ERC20 with all all DEXes
- Works just like ERC1155 on all NFT marketplaces
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The contract will be verified and GitHub will follow it along.
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As this can result in a situation where a transfer of ERC20 can result in an unintended NFT transfer instead of the intended token amount.
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7/ If a loan is defaulted or liquidated, the illiquid asset (NFTs) will be bridged out and liquidated on the marketplaces and a fine will be imposed over and top of all other existing charges, and distributed to the bundle providers.
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This discrepancy is evident in its inability to correctly process the decimal representation for NFT quantities and token IDs.
In the holders section of Paradox, for instance, Etherscan fails to apply the necessary 18 decimal multiplication for unique NFT IDs.
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8/ When providers wrap/unwrap their ERC425 tokens, they will be charged a % fee, which will be again distributed as yield among the existing liquidity providers in the respective bundle
Detailed docs coming soon.
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- Moreover, on our showcase section, only projects that pass our vetting will be featured, ensuring quality and relevance
2. Fee Structure:
- A nominal fee will be applied to access this feature.
- Proceeds generated from this fee will be distributed among holders.
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- Uses less storage than any other NFT standard.
- Inspired from the industry leading standards from ERC20 and ERC1155.
- After burning or transfer of NFTs, the storage spaces in bitmap are released, which means reducing the impact on blockchain storage space.
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As a result, it inaccurately displays 201 unique NFT IDs as 0.000000000000000201, underscoring Etherscan's lag in adapting its systems to accommodate the forward-looking design architecture of the ERC425 standard.
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For example: if you have a blue paradox box and hold it for x amount of time, the box will hatch and give you another NFT, if you hold this for x+y amount of time, then this NFT will grow traits one by one over the time and give you a rarest NFT.
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