PackagePortal

FAQ's

How much can you earn staking PORT?

Staking PORT can be done through two smart contracts built on the Zilliqa Ecosystem. The first contract is the Buoy Contrac and gives users the chance to earn a roughly 7% apr on their deposit. The second contract is the Dock contract and it allows users to earn a roughly 22% return on their deposit.

What are the risks behind staking PORT?

PORT is a layer-2 solution that exists on top of the Zilliqa Blockchain. Its smart contracts are written using Scylla. Scylla is the smart-contract language of Zilliqa and is generally considered to be quite secure due to its strong type system and automated scanners. However, the user still faces smart-contract vulnerabilities if a bad actor is able to find a vulnerability.

What is PackagePortal?

Package Portal is a blockchain supply-chain solution that looks to improve the delivery experience for both providers and customers. Customers are rewarded for confirming received deliveries which is the basis behind their proof-of-delivery tagline. This reward system tokenizes the feedback loop between customers and deliverers, allowing users to get rewarded for providing their data in a censorship-free and decentralized manner.

What is the utility of $PORT?

PORT is the flagship token of the package portal eco-system and serves two core purposes. Users who participate on the customer side are rewarded in PORT tokens which they can redeem for rewards and also use to vote on governance votes. On the other hand, retailers use PORT to gain access to user data. This system forms the basis through which users can get rewarded for the data they provide instead of having companies mine user data through tracking tools.

How can you earn free $XPORT?

You can earn free $XPORT by adding your deliveries to the Package Portal app and confirming them. Once you have the app downloaded follow the steps below;

1. On the Home Screen, tap “Add”.

2. Select your carrier.

3. Add your tracking number and postal code.

4. Submit.

This process is going to be much simpler in the future as you will be able to link your Gmail account to your package portal account and it will automatically add your tracking numbers. Once you receive your package you just have to input a quick rating into the app and you will receive your reward. You can then swap this XPORT to PORT at a 10 to 1 ratio.

What is the token distribution of $PORT



What data does Package Portal share?

Package Portal utilizes a user and scan id which are just linked to your wallet and contains no personal information. This allows users to profit off their data while retaining their privacy.