What is pNetwork (PNT)?
pNetwork (PNT) is a decentralized bridge between Ethereum and another Blockchain.
It allows non-ERC20 Coins & Tokens to still interact with the Ethereum Blockchain by wrapping.
Highlights of pNetwork (PNT)
- The peg-in and peg-out process of PToken is performed by the Validators (TEE operators). It is essentially a separate authenticator (Trusted Execution Environment (TEE)) that runs separate from the main operating system. This reduces the risk of parallel attacks.
- pNetwork does not use excessive collateral to create pTokens, each pToken is fully Backed with corresponding assets in other Blockchains at a 1:1 ratio, which improves capital utilization.
- The peg-in and peg-out of pToken on pNetwork (PNT) is also cheap, which helps the network compete with other wrapped Token projects such as RenBTC, Keep Network.
- pNetwork (PNT) currently supports 3 Chains: Ethereum, EOS, LTC and many Tokens.
Token information pNetwork (PNT)
Key Metrics PNT
- Token Name: PNT Token
- Ticker: PNT
- Blockchain: Ethereum
- Token Standard: ERC-20
- Contract: 0x89ab32156e46f46d02ade3fecbe5fc4243b9aaed
- Token type: Governance.
- Total Supply: 65,672,404 PNT
- Circulating Supply: 29,347,044 PNT
Token Allocation
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Token Sale
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Token Release Schedule
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Token Use Case
- Validators: Need to Stake 200,000 PNT Token in DAO to run a Node. Validator can Ear Network Fee (peg-in Fee and peg-out Fee)
- Governance: PNT Holder can Stake PNT in the DAO to participate in the governance of pNetwork’s ecosystem.
- Liquidity mining reward: User can earn more PNT Token by participating in Liquidity Mining.
PNT rate today
How to earn and own PNT Token
- Users can buy PNT Token from exchanges that support PNT Token trading.
- Join Liquidity Mining on Steroids to earn more PNT Tokens.
Storage wallet & exchange PNT Token
PNT Token storage wallet
PNT is an ERC-20 token, so you can store it on wallets that support this standard of Ethereum such as:
- Techtipsnreview Wallet: This is a multi-chain wallet product of Techtipsnreview Finance team. Allows storing most tokens of today’s popular blockchains such as Bitcoin, Ethereum (ERC-20, ..).
- Myetherwallet Wallet, imToken, Frontier, Metamask.
Exchange PNT Token
Currently, you can buy PNT Token on Binance and some other exchanges.
Roadmaps & Updates
In Q4/2020 and Q1/2021, pNetwork (PNT) will integrate new Chains and support more Tokens. At the same time, the number of Validators will be increased to make the ecosystem more decentralized.
Team, Investors & Partnership
Team
Find out more about the members of Team pNetwork here.
Investors
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Partnership
- pNetwork partners with any.sender to make Minted pBTC even faster.
- pNetwork cooperates with loopring, Bancor to list pBTC to increase liquidity for pToken on this project’s DEX platform.
Similar project
Lace
Wrapped Bitcoin
BoringDAO
Source: What is pNetwork (PNT)? Complete set of PNT . cryptocurrency
– TechtipsnReview
