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