pNetwork Price

pNetwork operates as a decentralized and open-source protocol designed specifically to facilitate cross-chain operations. By utilizing an innovative concept called “pTokens,” which uphold a one-to-one value with the asset on its original and destination blockchain, pNetwork enables users to transfer their assets seamlessly. For instance, it allows Bitcoin to be converted for use on the Ethereum network.

The governance of the pNetwork is built on a decentralized autonomous organization (DAO) model where decisions are made collectively by token holders. The $PNT token plays a pivotal role not just in governance but also serves as a staking mechanism for network nodes, rewarding those who contribute to the security and efficiency of the protocol.