Paladin is a decentralized protocol based on the PAL token – collateralized and backed by the Paladin DAO. PAL will be the reserve currency on Binance Smart Chain. In order to maintain price stability, Paladin will use the Algorithmic Reserve Currency algorithm and will also be supported by other decentralized assets.

There are two main strategies for market participants: staking and minting. Stakers stake their PAL tokens in return for more PAL tokens, while minters provide LP tokens or BUSD tokens in exchange for discounted PD tokens after a fixed vesting period.