Phase 1 — Launching DeFi on BNB Chain

Q3–Q4 2025 · Building the foundation for Paragon Chain

Date: September 2025 · Scope: DEX + Vaults + Community programs on BNB Chain

Why BNB Smart Chain?

  • Low-Cost Operations: Typical fees remain cents, making farming accessible to retail and compounding viable.
  • Liquidity Hub: Established DeFi user base and TVL; easier capital formation vs. launching on a new L1.
  • Proven Throughput: ~0.75s observed block time during our deploy and battle-tested infra keep UX smooth during farm spikes.
  • Bootstraps the L1: DEX and vault revenue directly funds Paragon L1 development—no VC dependence.

Core Infrastructure Components

Phase 1 ships two pillars that convert activity into sustainable L1 funding and community ownership.

Paragon DEX — Liquidity Engine

  • Payflow + PoBE (Best Execution):Flip the MEV narrative. Trades can route via signed intents to enforce best execution and slash toxic order flow.
    Off-chain intents • On-chain settlement • Verifiable best-execution
  • Paragon Shield (MEV-aware Routing):Route around sandwich zones, validate TWAP paths, and reject unsafe quotes before they hit mempools.
    Pre-trade path vetting • TWAP/Oracle guards • Anti-sandwich checks
  • One-Click Farm + Auto-Yield:Swap → LP → stake in one flow, with a % of output auto-staked to compound without extra txs.
    Router + Farm integration • PID0 auto-stake • Slippage-safe zaps
Revenue Split (DEX)Share
LP rewards70%
XPGN buyback20%
Paragon L1 development fund10%

Liquidity Bootstrapping: initial pools XPGN/USDT, XPGN/BNB, USDT/BNB. Additional majors unlock at TVL milestones. Mobile-first UI.

ParagonVault — Auto-Compounding

  • Strategy Router: Allocates to top-performing pools with gas-efficient batching.
  • Risk Tiers: Conservative / Moderate / Aggressive vaults based on volatility and depth.
  • Safety: Emergency exit path; transparent harvest schedule; time-weighted performance.

Vault Types: single-asset XPGN staking with auto-compound; LP token vaults that harvest & reinvest fees; integrations with BSC blue-chips (e.g., PancakeSwap, Venus) where prudent.

XPGN Emissions — Phase 1 (as deployed)

Farming budget escrowed: 150,000,000 XPGN

Dripper: RewardDripperEscrow (owner = DAO). Starts at startTime, then auto-switches to the base rate after +90 days.

Emission epochs (on-chain controlled)

EpochWhenRate sourceDaily emission (how it’s computed)
SuperDay 0 → Day 90Farm.RPB_SUPER_90Ddaily ≈ (RPB_SUPER_90D × 86,400) / blockTime. With BSC ≈0.75s blocks, rps = RPB × 4/3, so daily ≈ rps × 86,400.
Base Y1Day 90 → Day 365Farm.RPB_BASE_Y1daily ≈ (RPB_BASE_Y1 × 86,400) / blockTime (same conversion).

Why no fixed numbers? The on-chain constants (RPB_*) define emissions precisely; converting to “per-day” depends on live block time (we measured ~0.75s).

Pool weights (as deployed)

PoolShareallocPoint
PID0 — XPGN single-stake5%500
PID1 — XPGN/USDT LP70%7000
PID2 — XPGN/WBNB LP25%2500

sXPGN behavior

  • stXPGN is the Syrup-style wrapper for PID0: deposit XPGN → receive stXPGN 1:1; withdraw burns stXPGN.
  • Boost hooks are wired (BoostManager.setSources(stXPGN, Reputation)) so holding stXPGN can power boosts/governance per DAO params.

Liquidity seeding (context)

Seeded 5,000,000 XPGN into LPs (not part of emissions): 80% → XPGN/USDT (PID1), 20% → XPGN/WBNB (PID2), alongside the stable/WBNB legs.

Community Building & Governance Foundation

Early Adopter Benefits

  • Genesis Farmer NFTs: First 1,000 farmers receive badges with perks.
  • Governance Weighting: Voting power considers duration × amount staked.
  • Validator Priority: Top contributors get allowlisted spots for Paragon validator set (testnet → mainnet).

Incentives

  • Referral rewards: +5% bonus APR for successful referrals (DAO-tunable, sybil-resistant).
  • Community: AMAs, tutorials, contests; ambassador program with monthly XPGN stipends.
  • Dev bounties: Tools, dashboards, and integrations.

Governance

  • Parameter votes: farming weights, fees, emissions.
  • Treasury allocation: community decides L1 dev spend transparency.
  • Partnership approvals and chain-migration timeline signaling.

The Strategic Vision: Funding the Future of Web3

Phase 1 converts DeFi activity into durable infrastructure funding. Farmers aren’t chasing temporary yield; they’re powering a Move-based L1 with native AI and RWA modules.

  • AI-Native: AICM market unlocks on-chain inference/training, enabling AI-powered DeFi.
  • RWA-Ready: Registry for compliant tokenization of equity, debt, commodities, and credits.
  • Modular L2s: First-class rollups with fee-sharing and fast finality; zk-prover network on the roadmap.
  • Sustainable Econ: 550M cap, DAO-controlled extensions, utility across gas, governance, and staking.

Disclaimers: Emissions, percentages, and schedules are subject to DAO approval and may evolve for security or market conditions. Nothing herein constitutes financial advice.