TruePNL documentation
  • TruePNL
  • Products
    • 🚀TruePNL Launchpad
      • Disclaimer
      • TruePNL sales guidelines
      • Pools introduction
        • PNLg Pool
        • Lottery Pool
        • Vested Pool
      • Launchpad features
  • $PNL Token
    • Token utility
    • $PNL Staking
    • Allocation & Distribution
    • PNLg Points
  • Project roadmap
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On this page
  • Utility benefits
  • Off-chain:
  • Staking
  • On-chain:

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  1. $PNL Token

Token utility

$PNL is designed as a native token of the TruePNL platform.

PreviousLaunchpad featuresNext$PNL Staking

Last updated 3 years ago

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Utility benefits

Off-chain:

Payment unit

$PNL can be used as means of payment in the collateral commission pool and allow users to receive significant discounts. All paid tokens are being burned.

PNL can also be used to participate in Public Sales on TruePNL Launchpad.

Staking

Features of Staking of $PNL tokens:

  • APY rewards in PNL tokens

  • Fee reduction for using the . TruePNL prime subscription (free access to the basic products).

  • Lending and farming of $PNL tokens with the opportunity to redeem the staked funds at any moment – coming soon.

On-chain:

The TruePNL protocol is going to be built on Web 3.0 utilizing the Polkadot substrate.

$PNL token is planned to be used in:

  • Fee reduction for DeFi products utilizing the TruePNL protocol

  • Liquidity staking in DeFi products

PNLg rewards for $PNL stakers
TruePNL products