Utilities
PNE Token - Core Utility Token
Governance and Staking
PNE serves as the primary token for governance, staking, and access to advanced features within the Pinede network.
Network Participation
Holders of PNE can partake in decision-making processes and propose amendments to the network's protocols.
Node Operation Incentive
Node operators are required to stake PNE tokens, ensuring network integrity and security.
Long-term Incentives
Encourages holders to stake PNE over extended periods, generating 'vePNE' (vested PNE), which in turn yields more PD tokens and fosters deeper participation in the Pinede ecosystem.
PD Token - Data Service Credit
Creation Mechanism
PD tokens are generated by burning vePNE tokens on a 1:1 ratio.
Utility within Pinede
PD represents a credit for utilizing Pinede's data services, APIs, and other specialized functions.
Service Fee Token
These tokens are non-transferable and exclusively dedicated to paying for services within the Pinede network.
Token Dynamics
Creation Mechanism
PD tokens are generated by burning vePNE tokens on a 1:1 ratio.
Utility within Pinede
PD represents a credit for utilizing Pinede's data services, APIs, and other specialized functions.
Service Fee Token
These tokens are non-transferable and exclusively dedicated to paying for services within the Pinede network.
PD Token - Data Service Credit
Governance and Staking
PNE serves as the primary token for governance, staking, and access to advanced features within the Pinede network.
Network Participation
Holders of PNE can partake in decision-making processes and propose amendments to the network's protocols.
Node Operation Incentive
Node operators are required to stake PNE tokens, ensuring network integrity and security.
Long-term Incentives
Encourages holders to stake PNE over extended periods, generating 'vePNE' (vested PNE), which in turn yields more PD tokens and fosters deeper participation in the Pinede ecosystem.
Economic Sustainability
Promoting Long-term Holding
The irreversible process of burning PNE for PD encourages long-term holding and investment in the PNE token.
Alignment of Ecosystem Incentives
This token structure aligns the incentives between the growth of the Pinede network and the benefits accruing to token holders.
Balanced Ecosystem Role
PNE is established as a value token central to the Pinede network, while PD serves as the functional token facilitating service usage.
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