ChainX will issue cryptocurrency PCX (P stands for Polkadot), with a total of 21 million and the amount released halved every two years. 20% of the issuance in the first two years is distributed to the founding team for ongoing development. After two years, all new issuance will be distributed to the community.
ChainX is the largest Layer-2 network of Bitcoin,based on substrate technology, aims to be the eco-portal of Bitcoin, and will evolve into the Polkadot Network as a secondary relay chain eventually.
Staking PCX is safe as long you protect your private keys. There is no risk of slashing.
PolkaX is the core development team of ChainX.
ChainX belongs to Community. now is governed by the parliament. PolkaX implements proposals made by Parliament.
The voting restriction period for users to switch voting is 3 days. Users can only have one chance to switch voting within 3 days. When the voting user switches the voting again, it must be more than 3 days from the last switching time.
Check out our ChainX Staking Calculator to get your individual reward rate under certain network conditions.
Please note: ChainX will adjust the Mining Power Soon.
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