What Is PearDAO (PEX)?
PearDAO is a decentralized online marketplace. The goal is to provide an open, free, decentralized marketplace that facilitates the exchange of goods and value using a decentralized payment system (cryptocurrencies), a decentralized marketplace (PEAR network) and a decentralized Moderator (PEAR DAO).
Peardao Coin (PEX) aims to complement the CEX and DEX-driven cryptocurrency ecosystem by enabling the exchange of value between on-chain, off-chain and cross-chain ecosystems, much like what they are seeing in centralized ecommerce marketplace like eBay and amazon. Transactions on the Pear marketplace are executed through smart contract(s), facilitated by encrypted chat tools. Credit history is public and transparent to all and arbitration is done through a decentralized dispute management system.
PearDAO seeks to become the leading open marketplace. The marketplace will eventually be compatible with any type of commerce transaction, payment method, and chain agnostic. We are a decentralized autonomous organization (DAO) where members can make decisions to set rules for their ideal marketplace. PEX’s vision is to become part of the infrastructure for the Web3 ecosystem.
Important Points Table Of Peardao Coin
Basic | Points |
---|---|
Coin Name | Peardao Coin |
Short Name | PEX |
Max Supply | 1,000,000,000 |
Explorer | Click Here To View |
Documentation | View Document |
Website | Click Here To Visit |
How to Buy the Paxos Coin () Coin & Trade On Exchange?
Flexible Price
The live PearDAO price today is $0.378507 USD with a 24-hour trading volume of $1,296,911 USD. They update the PEX to USD price in real-time. PearDAO is up 8.99% in the last 24 hours. The current CoinMarketCap ranking is #3078, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 PEX coins.
Visions and Strategies
PEX’s vision is to provide the infrastructure of a completely decentralized marketplace where people can trade everything freely denominated in decentralized cryptocurrencies. We intend to build truly decentralized ecosystems with no single point of failure and ownership of user data and a centralized decision-making system. DAO governance will dictate what kind of trades are to be conducted and how they are conducted. It will be a marketplace owned by the people.
If you go back far enough, people used to engage in commerce in a peer to peer, decentralized way. People go talk and exchange with another person directly about what they need and trade. As people grew into villages and villages turned into cities, people had to go to a centralized place to find merchants and merchants had to go to a centralized location, a market/mall to sell, which meant they had to pay rent.
As PearDAO internet becomes popular, the mall gets replaced by the ecommerce monopolies like amazon, alibaba, ebay and shopee. On the other hand we have payment centralization like banks which evolved into the likes of paypal and visa, centralized payment companies you have to go through in order to transact in these marketplaces. These centralized payment companies then have the ability to sell user data and extract fees from all transactions.
Security – On-chain escrow based on self-custody smart contract.
Decentralized – Built on decentralized protocol with DAO governance, no centralized party involved.
Earn – Earn PEX tokens through trading or staking on Pear.
Experience – Experience instant and seamless transaction in the Web 3.0 environment.
Bridge – Decentralized bridge for the exchange of value between on and off-chain ecosystems.
How it works
Trade with smart contract(s) and PEX Protocol, without the need of any centralized operator.
How is PEX different
Peardao (PEX) aims to complement the CEX and DEX-driven cryptocurrency ecosystem by enabling the exchange of value between on-chain, off-chain and cross-chain ecosystems, much like what they are seeing in centralized ecommerce marketplace like eBay and amazon. Transactions on the Pear marketplace are executed through smart contract(s), facilitated by encrypted chat tools. Credit history is public and transparent to all and arbitration is done through a decentralized dispute management system.
Pear seeks to become the leading open marketplace. PearDAO Coin marketplace will eventually be compatible with any type of commerce transaction, payment method, and chain agnostic. We are a decentralized autonomous organization (DAO) where members can make decisions to set rules for their ideal marketplace. PEX’s vision is to become part of the infrastructure for the Web3 ecosystem.
Pear DAO Governance
PEX token will be created to maintain the governance of the PEX DAO. Holders of the PEX token will be able to set rules and make changes to the Pear decentralized marketplace by polling and voting mechanisms. During the early phase of Pear DAO’s establishment, PEX holders would be able to submit their proposals to the organization prior to the iteration phase. The proposals will be voted during the iteration phase.
Voting power is determined by the amount of PEX tokens that are available or staked by each individual wallet address. Proposals with the highest vote will be elected and changes will be made which will affect the configurable portion of the smart contract(s). There will be two forms of changes – Governance or Operational. Governance change will set new rules and regulations for the marketplace, while Operational changes will affect how the current marketplace is being operated.
Pex Token
Utility (Spending use case)
- Pay for dispute handling services
- Stake for higher trade limit
- Stake to become a dispute handling node to earn dispute handling fees
- As governance token to determine key configuration and vote on platform’s future development
Earn
- Resolving dispute and receive dispute handling fee
- Fees collected by the PEX network will also be distributed to PEX holders
Token allocation
Allocation | Volume | % | Vesting |
---|---|---|---|
Yield Farming | 150,000,000 | 15% | Linear monthly vesting over 5 years |
Community Development/Marketing | 400,000,000 | 40% | Linear monthly vesting over 6 years |
Ecosystem Growth | 400,000,000 | 40% | Linear monthly vesting over 8 years |
AirDrop | 5,000,000 | 5% | – |
Total Supply | 1,000,000,000 | – | – |