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pel

Propel Price

(PEL)
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PEL Price Today
The live price of Propel is -- per (PEL/), -- today. The 24-hour trading volume is -- , with a current market cap of -- and a circulating supply of -- . Data is updated in real time.
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What is PEL?

Overview of the Project

Propel is a blockchain infrastructure provider that caters primarily to the needs of DeFi projects. It is designed to facilitate efficient management of tokens while ensuring transparency and reliability in interactions between projects and their investors. The project encapsulates a suite of tools and services aimed at empowering token management, investor relations, and governance.

The native token, $PEL, is an ERC-20 governance token integral to the Propel ecosystem. It serves several critical functions, including:

  • Staking: This aspect allows users to participate in securing the network and receive rewards in return.
  • Governance: Holders of $PEL have the opportunity to influence key decisions regarding the project's development and operational policies.
  • Reward Distribution: The token ensures that stakeholders are equitably compensated for their contributions, crucial for maintaining a vibrant ecosystem.

Through these functionalities, Propel seeks to create a more efficient and community-driven environment for token management within the DeFi space.

For details, please read: What is PEL?
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