Pendulum Native Token
PEN utilities include powering transactions as the gas token on Pendulum as well as governance and staking.
Tokenomics Overview
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Ticker
PEN
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Relay Chain
Polkadot
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Supply Structure
Fixed supply
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Total Supply
150,000,000
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Current Circulating Supply
84,723,952
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Total Transferable
109,948,788
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Consensus
Limited Delegator Proof of Stake
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Token Usage
Gas and Governance
Token Utility
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Essential network fees
Transaction fees are an integral part of the network, and are applicable to every transaction on the protocol.
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Rewarding collators
Token holders can delegate their tokens to collators and earn rewards as they do so. This is done as to incentivize external collators to perform.
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Community governance
Pendulum's on-chain governance lets the community vote, discuss, and propose changes. Key areas include asset listings, reward distributions, and network parameters.
Asset Listing
for adding and removing tokens from the DEX
Rewards
and their distribution
Parameters
related to technical, software configurations, fees, etc.