Paxi Network is a Layer-1 blockchain built on the Cosmos SDK and the CometBFT consensus framework. It provides a modular, interoperable infrastructure designed for scalable decentralized applications, digital assets, and community-driven ecosystems. The network’s native token, PAXI, serves as the medium for staking, governance, and transaction fees.
PAXI achieves an average block time of four seconds, delivering high throughput and low latency — ideal for DeFi, gaming, and social applications. It natively supports Inter-Blockchain Communication (IBC), enabling seamless cross-chain transfers of assets and data with other Cosmos-based networks such as Osmosis, Cosmos Hub, and Noble. Through IBC, users gain access to a shared pool of liquidity, tokens, and stablecoins across the Cosmos ecosystem.
Smart contracts on Paxi are powered by CosmWasm, and the chain introduces its proprietary PRC-20 and PRC-721 token standards for fungible and non-fungible assets. These standards allow developers to issue native tokens, game assets, and collectibles while maintaining compatibility with other Cosmos networks.
The network also features a native automated market-maker (AMM) module that enables on-chain swaps between PAXI and PRC-20 tokens. Built on a constant-product (x · y = k) curve, it distributes swap fees directly to liquidity providers without lock-up periods — promoting sustainable on-chain liquidity and transparent yield generation.
Governance on Paxi is managed by a DAO, where token holders can propose and vote on network upgrades, parameter changes, and treasury allocations. To encourage decentralization, Paxi adopts a hybrid validator-selection model: half of the active validators are chosen by staking weight, while the other half are randomly selected from eligible candidates.
Paxi maintains low transaction fees and an energy-efficient consensus mechanism, minimizing resource consumption compared to proof-of-work systems. Token inflation starts at 8 % in the first year and decreases annually to 2 % after the third year, with a built-in burn mechanism to offset excess supply.
The official PaxiHub Wallet provides a unified mobile and web interface for asset management, staking, and cross-chain transfers. Beyond its core blockchain functions, Paxi fosters a gaming and community-mission ecosystem, where users earn rewards by completing in-app social tasks, creating content, and participating in events.
Ultimately, Paxi Network aims to become a universal blockchain — hosting a vast ecosystem of dApps that integrate seamlessly into everyday life.
