PROTEO is an Exclusive Elrond Defi Suite, and takes advantage of the robustness of the Maiar DEX to carry out operations. It expands the possibilities of the DEX with new products for investors that add value to the DEX’s already established solid tools..

8 big things about PROTEO

Reserving Value Through Scarcity

• The initial supply of the PROTEO token is 3.5M and will never exceed 20M.

A Strong Treasury Plan

• The Proteo DAO will have a well-diversified treasury, with popular Maiar DEX LP’s, eGLD, MEX and of course PROTEO tokens. 

Intelligent Liquidity Management

• The Proteo DAO platform will sell PROTEO Bonds for eGLD or MEX, allowing investors to buy at a discount.

An Intensive Burning Process

• There will be several fee points designed to burn tokens, plus all MEX earned by treasury Maiar DEX farms will be used to purchase PROTEO, which will be burned.

Advanced Autostaking

• The Proteo AUTOstake pool will allow you to auto-compound. This means your staked PROTEO compounds without you doing anything, automatically. You save time and fees in the process.

Innovative Lending

• You will be able to use sPROTEO (your share of the AUTOstake pool) as collateral to request a loan. While you enjoy your newly borrowed funds, you continue increasing your PROTEO holdings.

Special Proteo Raffles

• There will be two types of raffles, with big prizes and super fun moments every 15 days.

The Finest Complement to the Maiar DEX

• Proteo is not designed to compete with the innovations of the Maiar DEX, we are here to complement them. Our Treasury will always trust and utilize MEX and eGLD assets.