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.