PRDX is the token of the ParamountDax Exchange platform, launched on April 25, 2019 as a profit-sharing token, which allows traders to derive value from the exchange. It was issued as an ERC-20 token, running on the Ethereum network. The total supply of PRDX has been set at 49 million, and "Buyback" and "Burn" are expected to reach the total supply of 21 million of PRDX.
You can view the contract and all the information related to the PRDX Token in blockchain here:
We would like to point out that ParamountDax Exchange uses the highest level of security and compliance for their digital assets, the advanced security provided by the company that holds Bitgo funds, with insurance on funds up to 100 million in case of losses due to system violations. Most of the funds of the ParamountDax company including the PRDX tokens are kept inside a large wallet, which contains every single wallet generated by users, and this means that the "holders" are less than those who they really are, this happens because the blockchain identifies them as a single wallet.
In the near future when users move PRDX to other exchanges or to personal wallets then the number of "Holders" will be destined to increase.
Article is closed for comments.