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About PAN

What is PANDORA? An Unparalleled Approach to DeFi Banking on AMM, GameFi, and multitasking NFTs, Pandora enables a holistic and disruptive decentralized PandoVerse that will transform the way people engage with DeFi, not just financially but also emotionally.Pandora is a next-gen decentralized ecosystem with a dual-token model and an inclusive incentive structure for traders and farmers.The Pandora protocol is built around NFT gaming and AMM, powered by two distinct tokens – governance token Pandora Spirit (PSR) and reward token Pandorium (PAN). Pandora overcomes the limitations of conventional decentralized protocols by introducing an entirely pre-mined governance token PSR that shall decrease in total circulating supply over time due to its deflationary burning mechanism. The reward token PAN is used as the primary incentive for Pandora’s user base. Its minimal value shall be defined by the NFT staking pool and the jackpot. At some point in the future, the value of PAN cannot go below its minimum value. Who are the founders of PANDORA? Mika - Founder/CEO After his successful studies in mathematical finance, Mika started to work as a trader on derivative products for 7 years before making a career shift to blockchain. He now owns and runs NextGen Blockchain FZCO, an investment fund based in Dubai that invests across three main continents - Asia, America, and Europe, with more than 50 international projects under its belt so far.What makes PANDORA unique? Users are the ultimate owners of the protocol, and as such, they are entitled to receive the vast majority of the money generated by the protocol. Furthermore, profit sharing and trade mining are used by Pandora to encourage both farmers and traders to participate in the game. Pandora has a dual-token system that is both rewarding and deflationary in its operation. Users will benefit from economic stability and long-term income (secure income stream for farmers in the form of a share of the protocols revenues, accumulated rewards for traders). To stimulate users, the protocol incorporates an element of luck into its offerings via both the jackpot and the probabilistic mechanism.How Many Pandorium (PAN) Coins Are There in Circulation? The supply of PAN should be endless, but at the time of writing, there were 5,777,315 PAN in circulation. And 3,468,972 PAN have been burned. Pandorium (PAN) is Pandora ecosystem’s reward token. It’s a part of the system’s gamification as it provokes users’ engagement to the PandoVerse. Through the Trade Mining mechanism, users easily earn PAN just by making transactions on Pandora’s exchange. Users can also get PAN by participating in PandoFarms and PandoPools, or simply buy it on the exchange.

Pandorium (PAN) is a cryptocurrency launched in 2022. PAN has a current supply of 0 with 0 in circulation. The last known price of PAN is 0.000011735561 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://pandora.digital/.

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Updated Oct 04, 2023 2:30 am
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PayPal Proposes Incentives for Bitcoin Miners to Use Clean Energy
PayPal Proposes Incentives for Bitcoin Miners to Use Clean Energy
According to Blockworks, a recent report by PayPal's internal research group suggests that economic incentives could encourage bitcoin miners to adopt cleaner energy sources. Bitcoin's proof-of-work (PoW) consensus mechanism has been criticized for its high computational intensity, which has raised environmental concerns. The report proposes a solution that involves offering additional bitcoin rewards to miners who use low-carbon energy sources. Under the PoW mechanism, bitcoin miners are compensated with bitcoin for their computational work. The report suggests that a small additional amount of bitcoin could be allocated to miners who prioritize environmentally friendly practices. The proposed program would begin by identifying 'green miners' who use clean energy or have a minimal impact on energy grids. These miners would be identified by their public keys, referred to as 'green keys'. To incentivize these green miners, certain bitcoin transactions would include a UTXO with a multisig wallet containing extra bitcoin. This wallet could only be accessed by green keys. These transactions would also feature lower-than-average fees, making them more attractive to green miners. The report likens this approach to providing an 'indirect grant' to bitcoin miners who use cleaner energy. However, the report acknowledges potential drawbacks. For instance, miners who do not prioritize green practices could still pick up transactions earmarked for green miners if the low fees are not a deterrent. The report also suggests measures to prevent 'malicious green miners' from driving up transaction fees on green transactions for personal gain. The report does not specify the amount of the 'subsidy', only stating that the green miner multisig would contain 'some bitcoins'. If the public mempool solution proposed by PayPal is not effective, the report suggests that smart contracts or the Lightning Network could be used to privately reward green miners. This would, however, require a level of trust. The report was produced by PayPal's Blockchain Research Group, which has been operational since around 2015. The group tested aspects of the incentivization program with blockchain company DMG.
Apr 24, 2024 1:39 am

Frequently Asked Questions

  • What is the all-time high price of Pandorium (PAN)?

    The all-time high of PAN was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Pandorium (PAN) is 0. The current price of PAN is down 0% from its all-time high.

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  • How much Pandorium (PAN) is there in circulation?

    As of , there is currently 0 PAN in circulation. PAN has a maximum supply of 0.

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  • What is the market cap of Pandorium (PAN)?

    The current market cap of PAN is 0. It is calculated by multiplying the current supply of PAN by its real-time market price of 0.000011735561.

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  • What is the all-time low price of Pandorium (PAN)?

    The all-time low of PAN was 0 , from which the coin is now up 0%. The all-time low price of Pandorium (PAN) is 0. The current price of PAN is up 0% from its all-time low.

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  • Is Pandorium (PAN) a good investment?

    Pandorium (PAN) has a market capitalization of $0 and is ranked #3246 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Pandorium (PAN) price trends and patterns to find the best time to purchase PAN.

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