Hello Hiveians, this is something you don't want to miss!
The magic is doing the simple things repeatedly and long enough to ignite the miracle of the Compound Effect- Darren Hardy cited by Quasim (on PAKX discord channel)
The above summarizes the whole idea of PAKX, it's platform that will yield some goodies in the long run.
As soon you delegate some HP to the owners of PAKX that is the HivePakistan account, you're in on the way to "igniting the miracle of Compound Effect!"
Looking through the discord platform ( join here ), quite a number of people have supported the project with delegations and any Hiveian can be a part of this, just go to your HP and delegate some to HivePakistan account and you're in! So easy!
The below is copied from the discord platform just in case you are interested in more details:
"Pakx receives HP through Delegation. On top of this, it earns HP as curation rewards. Half of the curation rewards are distributed to people daily, based on their Delegations, in the form of Pakx tokens.
Each Pakx generated is backed by at least 2+ value in HP. No Pakx can be created without locking more than twice its value in HP. This HP is then delegated to HivePakistan to generate liquid HIVE daily.
Out of the generated HIVE, 50% is given as dividends to Pakx holders (note: the Pakx token cannot be staked), and the remaining 50% is used to power up again, fueling future dividends.
Pakx is printed at a fixed rate based on HP earned from delegations, where for every 2 HP earned from delegation, 1 Pakx comes into existence. While the dividends per Pakx start off slowly, they experience exponential growth over time.
10% of the fee is deducted in PAKX to support the project's buyback fund. The PAKX-fund account uses these fees to purchase PAKX from the market, boosting dividends and driving further price growth by increasing buying power.
10% of the management fund is allocated in PAKX to cover backend expenses, including token maintenance, improvements, and support for related projects like HivePakistan and others. These family projects play a key role in driving PAKX's growth and success."
Join the train today! Delegate now!