pNetwork allows the issuance of assets with cross chain composability, or pTokens, using Trusted Execution Environments (TEEs) and a MPC-backed network to secure underlying assets.
pTokens are pegged to underlying assets in a trustless manner, and can be redeemed at any point of time by burning the pTokens.
The pNetwork Token, or PNT is the native utility and governance token in the network. PNT is used for staking, and also for utilities such as DAO voting, Eidoo Card, asset swaps, and DEX services.
The PNT token has been airdropped to all EDO token holders in June 2020.
pNetwork Token (PNT)
A Cross Chain Asset Issuance Platform Using TEE and MPC.
Jun 22nd, 2020