Son Dakika: PNT 1 Dakika İçinde Yüzde 1000’den Fazla Artış Kaydetti!
PNT Coin 1 dakika içinde yüzde 1142 gibi astronomik bir yükseliş kaydetti. Coin o kadar hızlı yükseldi ki bırakın alım yapmayı elinizdekileri satmak için bile zamanınız olmayabilirdi. Bu artış kesinlikle son zamanlarda markette görülen en büyük hareketlerden birisiydi. Özellikle son zamanlarda piyasa oldukça hareketli ve devasa yükselişler dikkat çekiyor.
PNT Coinin 0.52 Dolar seviyesinden 6.40 Dolar seviyelerine kadar yaptığı bu inanılmaz artış piyasaya adını altın harflerle yazdı. Son zamanlarda çok konuşulan Dogecoini bile yükselişiyle geride bıraktı. Görünen o ki bu hareket uzun süre konuşulacak.
Sorumluluk reddi beyanı: Burada yazılanlar bir yatırım tavsiyesi değildir. Kripto para yatırımları, yüksek riskli yatırımlardır. Her yatırım kararı kişilerin kendi sorumluluğu altındadır. Koinfinans ve bu içeriğin yazarı, kişisel yatırım kararlarından sorumlu tutulamaz.
Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi – Sponsored Bitcoin News
Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi
Switzerland, 4th June 2020. Swiss-based crypto platform Eidoo is upgrading its native utility token into a governance token that will power a new cross-chain DAO. In a collaborative decision by Eidoo and pTokens, the $EDO token will be upgraded into $PNT later this month so that it can be used, staked and earn interest within the new pNetwork ecosystem – the decentralized network powering the pTokens solution.
The pTokens project enables cryptocurrency to “move” across different blockchains, which unlocks liquidity in the market to push DeFi beyond its current boundaries. The first of the pTokens series to launch was pBTC, making Bitcoin compatible with the Ethereum and EOS blockchains.
By transforming $EDO into $PNT tokens, this will extend its utility as it becomes fuel for a larger range of services within the pTokens (pNetwork) ecosystem. $PNT will still provide all the same benefits as the original $EDO token, giving access to industry-first features such as the Eidoo Card cashback program and an in-app Atomic Swap feature.
The token upgrade is supported by a number of exchanges which already list $EDO on their platforms, such as Binance and Bitfinex. All $EDO token holders will receive a 1:1 airdrop of the upgraded $PNT token directly into their accounts.
Burning 28 million EDO
In preparation for the token upgrade, and to mark the start of a new phase for the token economy, Eidoo will burn 28 million $EDO tokens held by the company – approximately 80% of their owned tokens. This burn of roughly 1/3rd of the total supply of $EDO means the upgraded $PNT token will launch with a total supply of just below 60 million tokens.
“While the pTokens solution was initially developed by the Provable Things team, a sister company of Eidoo, we want to hand over the control of the project to the community at large. This will achieve a truly decentralized governance system and distribution of token holdings. With Eidoo destroying their majority share of $EDO, all decisions voted upon by the future pNetwork DAO will become truly democtratic,” says Thomas Bertani, CEO of Eidoo and member of the main development team behind the pTokens project.
The pNetworkDAO
When launched as a governance token, the circulating supply of approx. 60 million $PNT will be distributed across more than 7000 blockchain addresses. This will make it one of the most robust and largest DAOs in the DeFi space.
Anyone holding $PNT will be able to join the pNetwork DAO and play a role in the governance of this pTokens system. $PNT holders can vote on different improvement and development proposals. For example, members can vote on which new pTokens “bridges” should be developed next, such as pLTC on Ethereum.
During the first stages of the pNetwork, an economic incentive is also introduced to the system to encourage users to actively participate within the DAO. In these first two years, all those who stake PNT will see their tokens grow thanks to an overall interest rate of 63% over two years. Up to 28,350,000 PNT tokens are dedicated to this initiative, which are generated through an inflation mechanism.
For anyone wanting to join the pNetwork as a validator (node), a stake of 200K PNT tokens is needed. This not only demonstrates commitment and serves as a bond, but creates a potential economic benefit for all validators who are rewarded for their work with the pTokens system’s peg-in and peg-out fees. Validators are also eligible for the 63% interest over two years on the tokens they stake.
Learn more at p.network and pTokens.io
About pTokens
pTokens is a cross-chain solution which enables Decentralized Financial DApps to be compatible with any crypto asset. pBTC was the first pTokens to be released, a 1:1 pegged ERC777 Bitcoin representation on Ethereum. designed to move any asset into any blockchain. The main development team behind the pTokens solutions is Provable Things, founded in 2016 in London. Provable uses cutting-edge decentralized and Trusted Computing technologies to provide services for modern DApps. The first Provable product to launch has become the longest-running blockchain oracle service industry-wide.
About Eidoo
Eidoo is your gateway to the exciting new world of decentralized finance (DeFi). As an app for mobile and desktop devices, it’s the easiest and most secure way to participate in the blockchain economy. A Swiss-based company founded in 2017, the Eidoo ICO raised more than $20 million and was one of the few projects to launch with an already existing product. Eidoo is part of Poseidon Group, a blockchain innovation leader in Switzerland, Italy and across Europe. Poseidon’s team is made up of world-renowned consultants, lawyers and executives with backgrounds in Big 4 business, asset management and emerging technologies.
Image Credits: Shutterstock, Pixabay, Wiki Commons
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pTokens Launches pNetwork DAO with PNT Staking
pTokens – a trustless bridge for interoperability – has summoned its DAO to handle all protocol governance using PNT tokens.
📣 It’s official! The #pNetwork DAO has launched!🚀 Join the next-level community of $PNT🦜 holders! Stake, vote, and earn up to 42% APR in staking rewards💥 https://t.co/PBxZO9Jam4 pic.twitter.com/vk7HDf42Am — pTokens 🦜 (@pTokens_io) July 31, 2020
Built by Provable Things, pNetwork offers a platform to port assets to and from Ethereum using wrappers called pTokens. The most popular version of these wrappers is pBTC – an Ethereum-based version of Bitcoin similar to renBTC. Underpinning the pNetwork is a set of decentralized validators who post a bond in PNT governance tokens to operate a node on the network. Whereas this aspect was a great way for validators to have skin in the game, it’s largely limited to a technical audience.
Today, PNT rewards can be earned by any user by joining the newly launched pNetwork DAO and participating in governance. Built on Aragon, users stake PNT for governance-wrapped tokens called daoPNT. To encourage users to participate in voting, pNetwork is allocating up to 28.35M PNT (47.25% of the total supply) via governance reward inflation.
Similar to other governance-based rewards like KyberDAO and Nexus Mutual, PNT is only rewarded to active contributors. As illustrated in the DAO interworking post:
“A DAO member is considered active and only becomes eligible for rewards if they are daoPNT holders and the check confirms that they have voted on at least all proposals except one within the two week period.”
The rewards are projected to provide 42% APR in the first year followed by 21% in the second year. Stated another way, if you stake your PNT via the pNetwork DAO and vote on every proposal, you will earn a 42% return on your initial PNT contribution (denominated in PNT).
The pNetwork DAO features a 7 day cooldown period and is expected to kick off it’s genesis governance polls in the coming weeks!
DeFi DAOs Heat Up
The launch of the pNetwork DAO comes in tandem with a suite of other DeFi DAOs from projects like Kyber, Aave, Curve and bZx.
While Curve will also be built on Aragon, it’s interesting to recognize that many DeFi projects have opted in to building their own framework instead of using an out of the box solution like Aragon. Still, Aragon-based tooling offers much more flexibility in the future upgradability of these DAOs, and is quickly becoming the leading platform for large organizations to field future governance.
Backed by the recent ANT liquidity program, Aragon will also look to ship a native chain this year, allowing DAOs to port their governance to a low cost, real-time transaction relayer which harnesses all the benefits of Aragon in a scalable fashion.
Over the next few months, it will be super interesting to see the different levels of engagement each of these DAOs receives. While using liquidity mining to incentivize participation is a step in the right direction, the bigger conversation is around making governance interesting enough that tokenholders would participate with no rewards in mind.
If nothing else, it’s great to see governance taking center stage and is a trend that we at DeFi Rate are extremely excited to watch unfold.
To stay up with pTokens for all DAO related events, be sure to follow them on Twitter or join the conversation on Discord!
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