Thesettlementlayerforthemachineeconomy.

Paxeer chain

One asset for gas, staking and settlement

PAX native asset

PAX carries 18 decimals on EVM chain ID 125, so Ethereum wallets and contracts read balances directly.

Hold PAX and you can pay gas and bond a stake without acquiring another asset. Native balances carry 18 decimals and read through the standard EVM account interfaces, so your wallet, library or contract reports them as it would report ether, with no scaling step. Spendable balance reads exclude locked coins, so vesting and locks stay respected. PAX is the only asset the mint module will issue, and every block checks the supply invariant before the chain continues.

What it does

PAX, full name PAXEER, is the native asset of the Paxeer chain, EVM chain ID 125. It pays for transaction execution and it is the asset validators and delegators bond when they stake. Native balances carry 18 decimals and are read through the standard EVM account interfaces, so Ethereum wallets, contracts and tooling see the balance without conversion. PAX is also the only asset the chain's mint module is allowed to issue.

Key capabilities

  • Pays gas for every transaction executed on chain ID 125.
  • Carries 18 decimals, so Ethereum wallets and contracts read balances directly.
  • Serves as the staking bond asset for validators and delegators.
  • Is the only asset the mint module will issue; any other setting is rejected.
  • Spendable balance reads exclude locked coins, so locks and vesting are respected.
  • Wraps to WPAX, an 18-decimal ERC-20 contract, for code that needs a token interface.

Who it's for

Holders, validators and delegators, and developers building contracts or apps on the Paxeer chain.

Why it matters

One asset covers gas, staking and settlement, so an account holding PAX can transact and stake without acquiring anything else. Because the native balance carries 18 decimals, existing Ethereum wallets, libraries and contracts report it as they would report ether, with no scaling step in the application.

Differentiators

Every block runs a supply invariant that sums the changed account balances and compares them against the change in total supply; if the two disagree, the node halts rather than continuing on an inconsistent state.

Outcomes

  • Pay gas, stake and settle with one asset.
  • Ethereum wallets and libraries read PAX balances without conversion.
  • Wrap PAX to WPAX when code needs an ERC-20 interface.

Technical notes

  • EVM chain ID 125 is bound to the chain identifier in the node's EVM configuration.
  • Staking uses PAX as the default bond asset, set as a constant in the SDK's staking types.
  • Mint parameters are validated against that same bond asset, so the mint module cannot be pointed at anything else.
  • Forcing an account association requires the account to already hold a non-zero native balance.
  • The per-block supply invariant also panics on any negative account balance it finds.
  • Account addresses must be 20 or 32 bytes; other lengths are rejected by the address verifier.

More in Paxeer chain

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