Propel is a Blockchain Infrastructure Provider.
Propel is a full-blockchain infrastructure provider that specialises in DeFi, Metaverse, Staking, and whatever else comes next. We ensure sound solution and auditing compliance throughout the development lifespan, from first to the final line of code.
Each Propel solution targets a specific Blockchain requirement while also addressing the issue of readily available infrastructure. Three belts of services are aimed to achieve the main theme of Blockchain while giving a synergistic solution to lessen a partner's workload: DeFi-as-a-Service (DaaS), and Metaverse-as-a-Service (MaaS)
This focus guides the services we examine and the development we make, because we can't take on every opportunity; rather, we can only take on the ones that have a clear demand, are useful, and offer synergy to the Propel ecosystem. We will be able to survive and dominate in such verticals, disrupt the industry, and give superior value propositions to incumbent other Blockchain infrastructure solution providers in the market if we do so.
We also want to emphasize the significance of the $PEL token. $PEL tokenomics will serve as a link between all of the products in the Propel ecosystem's growing multi-chain ecosystem.
$PEL is the native ERC-20 governance token of Propel. Staking, reward sharing through providing liquidity to or safeguarding the protocol, as well as governance procedures, will all use $PEL as the fundamental utility token across a portfolio of Propel products.
The token utility and tokenomics of $PEL were created with the blockchain's community-first approach in mind. Ownership of $PEL, which may be utilized to engage in platform governance, is earned by actual participation in protocol operations and maintenance. This technique enables ecosystem alignment by allowing for community-driven governance, creating a fair incentivization model, and allowing for community-driven governance.
Utilities
PEL is the native token of the Propel platform. It contains features such as governance, incentives, and Proof of Stake (PoS):
- Staking: users will stake $PEL to earn rewards and participate in Launchpools;
- Governance: users will signal their intention to make platform decisions via $PEL native token governance;
- Deflation via Platform Growth: As Propel itself grows, $PEL is retained and acquired for B2B deals.
