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Hello crypto enthusiasts! Today, I will tell you about the Pell Network (PELL) that have attracted attention recently and are listed on Gate.io. This innovative project not only opens up new opportunities for BTC holders, but also provides security for decentralized applications.
What is Pell Network?
Pell Network is the first BTC Restaking protocol on the market. It extends Bitcoin's security into the realm of crypto-economic security, providing a reliable infrastructure for decentralized applications. It provides an opportunity to improve capital efficiency for BTC holders, while providing developers with a secure, efficient, and cost-saving method of service verification.
Pell Network's BTC Restaking Benefits
The Pell Network provides BTC holders with the opportunity to earn additional income by re-staking their assets. This allows you to:
* Bitcoin's security capabilities are expanded, creating a more robust layer of security for decentralized applications.
* Provides multi-chain support by offering BTC staking on different blockchains.
* Improves capital efficiency, so BTC holders can earn passive income.
$PELL Tokenomics
Pell Network's native token $PELL has a total supply of 2.1 billion units. It has an initial circulating supply of 336 million PELL, which is 16% of the total supply.
📌 Token Distribution:
* 25% – Community
* 22% – Ecosystem Development
* 18.33% – DAO Treasury
* 16.67% – Investors
* 15% – Team
* 3% – Public Sale
This breakdown illustrates the importance that Pell Network attaches to community and ecosystem development.
$PELL Spot Trading
You can easily buy and sell $PELL token on Gate.io. You can use the link below for spot trading:
🔗 https://www.gate.io/trade/PELL_USDT
$PELL Launchpool Event
With the $PELL Launchpool event, Gate.io offers its users the opportunity to earn a total of 7,002,801 $PELL rewards by staking BTC, PELL, and GT. This activity allows you to earn passive income on your staked assets.
For detailed information and participation:
🔗 https://www.gate.io/launchpool/PELL?pid=237
$PELL Listing Carnival
To celebrate $PELL's listing, the Listing Carnival event gives users the chance to earn a total of 30,000 worth of PELL rewards by depositing, trading, and registering for PELL.
For event details and participation:
🔗 https://www.gate.io/announcements/article/43851
You can visit the links above to learn more about Pell Network and the $PELL token and take advantage of these opportunities. I wish you successful investments in the crypto world!
#GateOpinionQuest #PELL