Mint & Burn
Deposit TON — receive PRDX. Burn PRDX — reclaim TON. Price = reserve / supply, computed by the smart contract itself. No exchanges, no spreads, no counterparties.
Markets don't price PRDX — a formula does. Every token is backed by a TON reserve, and built-in deflation makes growth predictable.
Deposit TON — receive PRDX. Burn PRDX — reclaim TON. Price = reserve / supply, computed by the smart contract itself. No exchanges, no spreads, no counterparties.
Deposit PRDX into Mine and choose 2–32 outcomes. One of them lands with a known probability; the reward doubles at each level, capped at 12.5% of supply. On average, 12.5% of the deposit is burned — these tokens raise the PRDX price for every holder. This isn't PoW mining — it's Bernoulli's paradox in action.
The paradox in action: Bob's risk becomes Alice's gain.
👩 Alice holds PRDX. Each Mine operation Bob runs burns part of the supply — the TON reserve is unchanged, so the price rises on its own. Alice grows wealthier doing nothing.
👨 Bob buys PRDX and runs Mine with the math in mind. His strategy has a −12.5% expected value — on average he loses part of his deposit. But on a winning outcome the reward doubles at every level, up to 12.5% of supply. Bob's 'losses' become Alice's passive gain.
In 1738, Swiss mathematician Daniel Bernoulli formulated the St. Petersburg Paradox — a foundational problem in probability theory that challenged classical notions of value and risk. Bernoulli worked at the St. Petersburg Academy of Sciences from 1725, and it was there that he developed the ideas that would transform economic science.
The essence of the paradox: imagine a game where you flip a coin until tails appears. For the first heads you receive 2 coins, for the second — 4, for the third — 8, doubling exponentially. The mathematical expectation of the winnings is infinite, yet no rational person would pay more than a modest sum to play. Bernoulli resolved the paradox by introducing the concept of marginal utility — the idea that the real value of money depends on context and individual preferences.
PARADOX reimagines this centuries-old mathematical concept as a working financial mechanism. The Mine operation uses a finite probabilistic model with two deliberately linked constraints: a deflationary tax of −12.5% on expected value, and a maximum single-operation payout capped at 12.5% of total supply — designed to balance participant incentive with systemic safety. This systematically increases the value of PRDX relative to TON while maintaining full mathematical predictability.
PRDX's price follows a formula: reserve / supply. No exchanges, no speculation — just verifiable math.
Every PRDX is backed by TON in a smart contract. The reserve is visible on-chain at any time — no trust required.
Protocol logic lives in smart contracts and runs automatically. No hidden conditions, no manual intervention.
The TON reserve stays put while PRDX supply shrinks — the price rises by formula. Not a forecast, but how the protocol works.
Hold PRDX and earn from deflation — or run Mine for a chance to multiply your deposit. Both strategies work, and each reinforces the other.
Mine participants' risk becomes price growth for every holder. One person's losses become everyone else's passive income.
Value has a dual nature:
A probabilistic operation based on a finite adaptation of Bernoulli's St. Petersburg Paradox. You deposit PRDX and choose the number of outcomes (2–32): exactly one lands with a predetermined probability, and the reward doubles at each level — capped at 12.5% of supply.
On average, 12.5% of the deposit is burned: these tokens raise the PRDX price for every holder.
The classic paradox has infinite expected value and unlimited payout — theoretically elegant, but economically unworkable. PARADOX introduces two key constraints:
This transforms a theoretical construct into a stable economic model.
👩 Conservative (Alice): long-term holding of PRDX — minimal risk, passive value growth from other participants' activity.
👨 Active (Bob): participating in Mine with the aim of multiplying tokens through transparent probabilistic mechanics.
The system benefits both and becomes more resilient with every new participant.
The model is self-balancing: the deflationary mechanism creates upward counter-pressure, and Mine operation limits protect against destructive impacts.