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Pell Network's vision is to establish a decentralized, trustless marketplace by enhancing the economic and security utility of the Bitcoin network through various staking options and resttake mechanisms. Stakers can run nodes directly or delegate them to other node operators, provide secure validation services, and earn additional income, thus maximizing capital efficiency for BTC holders.
Furthermore, the Pell Network supports the construction of lightweight and large-scale decentralized components that provide cost-effective solutions for the infrastructure and application security of the Bitcoin ecosystem. This is intended to drive exponential growth and development in the Bitcoin ecosystem.
According to Pell Network's roadmap, the platform will launch its testnet by the end of July and is expected to launch the mainnet in October. In addition, Pell Network is building the first official AVS oracle and will share token incentives with early participants who helped build the network.
In the future, Pell Network will continue to advance the development of BTC resttake by providing safer and more efficient solutions for the decentralized finance ecosystem. If you are a BTC holder or interested in decentralized finance, you may want to consider following the development of the Pell Network and joining this innovative platform to share the significant benefits that blockchain technology brings.
https://www.gate.io/trade/PELL_USDT
https://www.gate.io/launchpool/PELL?pid=237
https://www.gate.io/announcements/article/43851
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