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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
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🎉 #GateOpinionQues #Pell Network(Pell)#
Pell will do for BTC what EigenLayer has done for ETH Network
Pell is the first and omnichain BTC Restaking Network. By building an Omnichain Decentralized Validated Service (DVS, aka AVS) Network driven by BTC Restaking, Pell extends BTCFi into the cryptoeconomic security sector, fully unlocks Bitcoin’s security potential, enhances capital efficiency for stakers, and provides developers with an efficient, secure, and affordable way to validate services.
What is Pell Network?
Pell serves as a Omnichain Restaking Network designed to simplify the provision of cryptoeconomic security (universal trust network) using BTC and its Liquid Staking Derivatives (LSD). Pell plugs the gap in ecosystem security, reduces cost to build decentralized applications and offers passive income for BTC holders. It opens up new possibilities for developers to seamlessly and securely create innovative infrastructure designs.
Pell allows protocols to leverage robust and secure trust networks from the outset, significantly lowering the barriers to securing new protocols. This eliminates the need for protocols to incentivize their own validator sets with highly dilutive reward mechanisms, making the process of bootstrapping security more scalable, accessible, and affordable.
What is Pell Network?
Pell serves as a Omnichain Restaking Network designed to simplify the provision of cryptoeconomic security (universal trust network) using BTC and its Liquid Staking Derivatives (LSD). Pell plugs the gap in ecosystem security, reduces cost to build decentralized applications and offers passive income for BTC holders. It opens up new possibilities for developers to seamlessly and securely create innovative infrastructure designs.
Pell allows protocols to leverage robust and secure trust networks from the outset, significantly lowering the barriers to securing new protocols. This eliminates the need for protocols to incentivize their own validator sets with highly dilutive reward mechanisms, making the process of bootstrapping security more scalable, accessible, and affordable.
💰 Gate.io “Launchpool” Stake to Earn: Pell Network(PELL)
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Read About: [ Launchpool Rules ]
Details: https://www.gate.io/article/43818🎉 Gate.io x Pell Network (PELL) Listing Carnival is Live: $30,000 $PELL Rewards Awaits!
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Details: https://www.gate.io/article/43851
🎉 Gate.io x Pell Network (PELL) Listing Carnival is Live: $30,000 $PELL Rewards Awaits!
👉 Join Now: https://www.gate.io/questionnaire/6352
✨ Deposit and Trade $PELL to Share $20,000 $PELL Rewards
✨ New Users Enjoy $10,000 $PELL as Exclusive Gifts
Details: https://www.gate.io/article/43851
Trade: https://www.gate.io/trade/PELL_USDT?ch=ann43851