Pell Network

Type

Utility Token

Launched

January 2025

Ecosystem

Pell Network

Initial Investment

$1.5M+ raised during the xLaunchpad token sale

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Pell Network is an omnichain decentralized validated service (DVS) network powered by Bitcoin and EGLD restaking. It enables BTC and EGLD holders to restake their assets, enhancing security and utility across multiple blockchains. The network aggregates native BTC and EGLD to create a decentralized token economy security leasing platform for the blockchain ecosystem.

Key Metrics

Total Value Locked (TVL): $500M+
User Base: 450,000+ users
Integrated Chains: 18+

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Pell Network focuses on:

BTC Restaking: Holders can restake BTC to secure the network and earn additional rewards.
EGLD Restaking: Pell enables EGLD holders to restake their tokens, contributing to network security while generating additional yield.
Decentralized Validated Services (DVS): Provides validation services across multiple chains for various decentralized applications.
Omnichain Compatibility: Pell integrates Ethereum, MultiversX, Bitcoin, and 15+ other chains to offer a seamless cross-chain experience.

Ecosystem