PELL Tokenomics
Pell Network is pioneering an omnichain decentralized ecosystem powered by restaking, designed to enhance capital efficiency for stakers and deliver secure, cost-effective validation services for developers. At its core, the $PELL token enables community-driven participation and ensure alignment with the network’s long-term growth. Leveraging BTC restaking and shared cryptoeconomic security, Pell is strategically expanding into AI and DeFAI (Decentralized Finance + AI) integrations.
This evolution builds on our foundational strengths, unlocking new use cases and value-creation opportunities for participants. The $PELL token is the native token of Pell Network, which serves as the foundation for participation, governance, and incentives across our ecosystem. Designed to empower token holders, the $PELL token ensures long-term alignment between users and the growth of the Pell Network ecosystem.
Token Overview
The total supply of PELL is 2,100,000,000 (two billion, one hundred million). Pell Network has also implemented a governance model that enables upgrades to monetary policy and other network modifications, ensuring long-term sustainability and adaptability to ecosystem needs.
Token Utility
The $PELL token's utility is built on extensive research and proven technologies. The ecosystem is designed to scale as both the utility and usage of the Pell Network ecosystem grow. Through its built-in governance protocol, the network can adapt and upgrade based on the needs of its participants, ensuring the continued functionality and public benefit of Pell Network. Pell Network serves as an omnichain restaking network, providing universal access, simplicity, and utility across all blockchains. To achieve this mission, Pell Network employs a Layered Modular Architecture to create a fully Omnichain-compatible Restaking Network. This provides unified restaking semantics, enabling decentralized services to leverage cryptoeconomic security from any blockchain.
Utility:
Gas for Pell Chain
The $PELL token plays a critical role in securing the Pell Chain by acting as the gas token for the network. Validators earn fixed block rewards and incentives in $PELL, which are distributed through the proof-of-stake mechanism. This underpins the stability and security of the Pell protocol.
Securing the Proof-of-Stake Blockchain
Validators stake $PELL tokens to secure Pell Chain, and users can delegate their $PELL tokens to validators to earn block emissions. Transaction fees (gas) paid in $PELL are distributed among validators, delegators, and other participants, helping protect against spam and DDoS attacks.
Cross-chain Intermediary
$PELL serves as an intermediary for cross-chain transactions. By attaching $PELL to cross-chain messages, users can bundle transaction fees and gas payments in a single operation. $PELL is burned at the source and minted at the destination, facilitating seamless value transfer between different blockchains.
Approving Networks and Assets
To maintain the integrity and alignment of the ecosystem, participants use $PELL tokens to assess and approve new networks and assets. This ensures that new integrations are compatible with the objectives of the Pell Network and its growing ecosystem.
Stake for Pell Node and DVS Listing
For operators running Pell nodes or for Decentralized Validation Services (DVS) looking to be listed, staking $PELL tokens is required. This process ensures that nodes and DVS are financially committed to the network, consuming the cryptoeconomic security provided by Pell Network.
Pay for Rented Cryptoeconomic Security
For projects or applications without their own native tokens, $PELL is used as a payment option for renting cryptoeconomic security. This expands Pell’s reach and utility beyond its immediate network, supporting broader adoption across decentralized applications.
Dispute Resolution
$PELL token holders also help maintain fairness within the Pell ecosystem by participating in the resolution of disputes between Delegators, Managers, and Networks. This decentralized decision-making ensures the ongoing integrity and smooth operation of the ecosystem.
Driving Network Decisions
$PELL holders have the power to suggest and vote on key updates, integrations, and improvements to the Pell Network protocol. This enables token holders to shape the future direction of the network, making $PELL an integral part of governance and evolution.
Future Expansion of Utility
As Pell Network continues to evolve, we are committed to expanding the utility of the $PELL token. New features and applications will ensure that the token remains a vital asset for value capture, incentivizing long-term involvement and alignment with network development.The $PELL token is at the heart of Pell Network's ecosystem. It powers everything from governance and security to cross-chain interoperability, staking, and dispute resolution. With a focus on decentralized growth and long-term alignment, the $PELL token is designed to be a cornerstone for the network's success.
Distribution Overview
Token Symbol: PELL
Token Total Supply: 2,100,000,000
Initial Circulating Supply : 336,000,000 (16.00%)
Category
Allocation
Distribution
Community & Launch
25%
40% unlock at TGE + 60% 36 months vesting
Ecosystem Growth
22%
9.09% unlock at TGE + 90.91% 36 months vesting
DAO Treasury
18.33%
16.36% unlock at TGE + 83.64% 36 months vesting
Investors
16.67%
20% 6 months cliff + 80% 24 months linear release
Public Sale
3%
33.33% TGE + 66.67% 6 months linear release
Team
15%
2% 6 months cliff + 98% 30
months linear release
Distribution Breakdown
Community and Launch
25% – 525,000,000 PELL
This portion of PELL tokens will be used for the initial launch phase and related activities and programs.210,000,000 PELL tokens in the “Community and Launch” allocation will be unlocked from day one.The release plan for the remaining portion will be carried out periodically according to the specific operational plans of the community, with a duration of at least 36 months.
Ecosystem Growth
22% – 462,000,000 PELL
The "Ecosystem Builders and Contributors" allocation is a strategic portion of tokens reserved for contributors to the Pell Network, including developers, educators, researchers, strategic contributors, node operators, validators and others.
This allocation aims to promote tangible initiatives, including funding research projects designed to advance the Pell Network, incentivizing developers to build complementary tools and resources, and supporting public education programs to raise awareness. This allocation is intended to recognize and reward individuals and organizations who go beyond core contributions to enhance the expansion and vitality of the Pell Network.
The preliminary plan for the release of this portion is to do so on a quarterly basis. However, the specific release rules will need to be adjusted according to the actual operational plan and pace of the project, with a duration of at least 36 months.A portion of this allocation is reserved specifically for early Decentralized Validated Services (DVS) Node Operators and Pell Chain Validators in the Pell Network.
Validator incentives are structured such that operators are remunerated for their efforts in securing the network, offsetting operational costs and risk involved in staking PELL to run a Validator. Although the proportion of distribution over time may be changed via parameter changes/protocol upgrades, the amount dedicated to rewards is fixed.
DAO Treasury
18.33% – 385,000,000 PELL
This category represents tokens allocated to ensure the sustainable development and governance of the PELL Network ecosystem. The tokens in the DAO Treasury will be used for various purposes, including but not limited to:
Marketing and Promotion: Supporting campaigns and activities to increase awareness and adoption of PELL Network.
Operational Costs: Covering expenses related to the maintenance and administration of the DAO.
Governance Activities: Enabling the community to vote on proposals and make decisions about the future direction of the PELL Network.
Potential Release RulesTo ensure a balanced and sustainable use of the DAO Treasury tokens, the following release rules are proposed:
Quarterly Releases: Tokens will be released on a quarterly basis, ensuring a steady and predictable flow of resources for the DAO's activities, with a duration of at least 36 months..
Gradual Unlocking: A predefined percentage of the total tokens will be unlocked each quarter. This helps prevent sudden large releases that could impact the token's market value.
Community Governance: The specific percentage and use of the tokens released each quarter will be decided through community voting. This ensures that the distribution aligns with the community's priorities and needs.
Flexible Adjustment: The release schedule and rules can be adjusted based on the project's operational plan and pace. This allows the DAO to respond to changing circumstances and opportunities.
These rules aim to balance the immediate needs of the PELL Network with its long-term sustainability, ensuring that the DAO Treasury tokens are used effectively and responsibly.
Investors
16.67% – 350,000,000 PELL
This category represents historical funding rounds, aimed at strategic contributors who have added value to the network through consulting and infrastructure support.All 350,000,000 PELL tokens are locked and are subject to the unlocking schedule above.The cumulative PELL tokens released are plotted over the course of 30 months, with an initial large release in the 7th month followed by monthly linear releases.
Public Sale
3% – 63,000,000 PELL
This category represents the public sale of PELL for early adopters in the community.⅓ of the 63,000,000 PELL tokens are unlocked upon TGE while the rest are subject to the unlocking schedule above.The cumulative PELL tokens released are plotted over the course of 6 months.
Founding Team
15% – 315,000,000 PELL
This portion of the token supply allocation focuses on the core contributors who are building the Pell Network, DVS development toolkit, products, and infrastructure.The cumulative PELL tokens released are plotted over the course of 36 months, with an initial large release in the 7th month followed by monthly linear releases.
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