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Pencils Protocol price

Pencils Protocol priceDAPP

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Price of Pencils Protocol today

The live price of Pencils Protocol is $0.09600 per (DAPP / USD) today with a current market cap of -- USD. The 24-hour trading volume is $0.00 USD. DAPP to USD price is updated in real time. Pencils Protocol is -4.19% in the last 24 hours. It has a circulating supply of -- .

What is the highest price of DAPP?

DAPP has an all-time high (ATH) of $2.1, recorded on .

What is the lowest price of DAPP?

DAPP has an all-time low (ATL) of $0.06000, recorded on .
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Pencils Protocol price prediction

What will the price of DAPP be in 2025?

Based on DAPP's historical price performance prediction model, the price of DAPP is projected to reach $0.1660 in 2025.

What will the price of DAPP be in 2030?

In 2030, the DAPP price is expected to change by -16.00%. By the end of 2030, the DAPP price is projected to reach $0.2767, with a cumulative ROI of +200.45%.

Pencils Protocol price history (USD)

The price of Pencils Protocol is +60.00% over the last year. The highest price of DAPP in USD in the last year was $2.1 and the lowest price of DAPP in USD in the last year was $0.06000.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-4.19%$0.08050$0.1039
7d-4.19%$0.08050$0.1039
30d-42.13%$0.07240$0.2094
90d-65.78%$0.07240$0.3514
1y+60.00%$0.06000$2.1
All-time+60.00%$0.06000(--, Today )$2.1(--, Today )

Pencils Protocol market information

Market cap
--
-4.19%
Fully diluted market cap
--
-4.19%
Volume (24h)
--
--
Market rankings
Circulation rate
0.00%
24h volume / market cap
0.00%
Circulating supply
-- DAPP
Total supply / Max supply
-- DAPP
-- DAPP
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Pencils Protocol ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Pencils Protocol (DAPP)

What Is Pencils Protocol (DAPP)?

Pencils Protocol (DAPP) is a decentralized finance (DeFi) aggregation platform designed to enhance the management and utilization of blockchain-native assets. As a native gateway for the Scroll ecosystem, it leverages advanced technologies like zero-knowledge proofs to provide scalable, private, and secure DeFi services. The platform integrates various financial services, including yield farming, staking, and auctions, allowing users to maximize their asset returns while maintaining a high level of security and regulatory compliance. By offering unified solutions for liquid staking and restaking, Pencils Protocol aims to become a major player in the DeFi sector, particularly within the growing Scroll ecosystem.

In addition to financial services, Pencils Protocol addresses key challenges faced by traditional DeFi platforms, such as privacy, scalability, and compliance with regulations like KYC (Know Your Customer) and AML (Anti-Money Laundering). By focusing on these areas, the protocol provides a more secure environment for users to engage in decentralized finance activities while adhering to legal requirements. With its innovative approach to liquidity management, auction systems, and multi-layered rewards, Pencils Protocol is positioned to become a go-to platform for DeFi users seeking both high yields and strong privacy protections.

How Pencils Protocol Works

Pencils Protocol functions through a combination of vaults, staking, and an auction platform, all within the Scroll ecosystem.

  1. Vaults: These are smart contracts where users can deposit cryptocurrencies. The protocol uses these vaults to invest and reinvest users’ deposits, implementing predefined yield optimization strategies like yield farming, lending, and liquidity provision. Vaults help users generate returns while automatically handling staking, portfolio rebalancing, and transactions.

  2. Staking: Pencils Protocol offers a variety of staking services, including liquid staking and restaking. Liquid staking allows users to stake assets and earn rewards while still retaining liquidity through tokenized versions of their staked assets (e.g., staking ETH to receive pETH). Restaking enhances returns by allowing assets to be staked again across various chains, providing additional yield.

  3. Auction Platform: The protocol supports several types of auctions, including English, Dutch, and batch auctions, as well as innovative methods like Liquidity Bootstrapping Pools (LBP) and Gradual Dutch Auctions (GDA). This enables users to buy and sell digital assets like native tokens, NFTs, and real-world assets. Pencils Protocol’s auction system also integrates with KYC and AML compliance to ensure a secure and legal transaction environment.

The protocol’s design emphasizes privacy and compliance, utilizing zero-knowledge proofs for transaction validation and integrating tools like Graph Convolutional Networks (GCNs) to monitor and prevent illegal activities such as money laundering.

What Is the DAPP Token?

The native utility token of Pencils Protocol is called DAPP. This token plays a critical role in the platform's ecosystem by providing several key functions:

  • Governance: DAPP holders can participate in community governance, voting on important protocol decisions, development directions, and interest rate adjustments.

  • Collateral: Users who wish to list assets on Pencils Protocol’s auction platform are required to stake DAPP as collateral to prevent malicious activities. If misconduct is detected, the staked tokens are redistributed among the community.

  • Medium of Exchange: Within the Pencils ecosystem, DAPP can be used to access exclusive strategies, higher leverage for staking, and other premium services. Users also earn rewards in DAPP for their participation and activities within the platform.

  • Point System: Early adopters of the platform can earn Pencils points, which will be mapped to rights in DAPP. These points unlock various benefits, including priority access to new farming methods and preferential policies.

Conclusion

Pencils Protocol offers a comprehensive platform for decentralized finance, providing users with opportunities to earn yield, stake assets, and participate in innovative auctions. With its focus on security, privacy, and compliance, along with the utility provided by the DAPP token, Pencils Protocol is set to create a scalable and efficient ecosystem for DeFi enthusiasts. New investors can explore various yield opportunities while benefiting from the platform’s robust security and governance framework.




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FAQ

What is the current price of Pencils Protocol?

The live price of Pencils Protocol is $0.1 per (DAPP/USD) with a current market cap of -- USD. Pencils Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Pencils Protocol's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Pencils Protocol?

Over the last 24 hours, the trading volume of Pencils Protocol is --.

What is the all-time high of Pencils Protocol?

The all-time high of Pencils Protocol is $2.1. This all-time high is highest price for Pencils Protocol since it was launched.

Can I buy Pencils Protocol on Bitget?

Yes, Pencils Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Pencils Protocol guide.

Can I get a steady income from investing in Pencils Protocol?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Pencils Protocol with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Pencils Protocol (DAPP)?

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DAPP resources

Links
Pencils Protocol WebsitePencils Protocol WhitepaperPencils Protocol TwitterPencils Protocol Github

Bitget Insights

Obi-SY4KXVRC
Obi-SY4KXVRC
5h
$SUI SUI’s sharp rise has attracted attention from both retail and institutional investors.
$SUI SUI’s sharp rise has attracted attention from both retail and institutional investors. This surge can be attributed to a combination of factors including ecosystem advancement, improved market sentiment, and potential institutional accumulation. Recent partnerships and dApp integrations have expanded SUI’s utility, drawing attention to its expanding ecosystem. High volumes mean whale activity, indicating long-term confidence. Meanwhile, retail investors are driving social media buzz, further fueling demand. However, the rebound comes with risks as technical indicators such as the relative strength index (RSI) show overbought conditions. Market watchers are keeping a close eye on key resistance levels and the potential for profit-taking. Despite the risks, SUI’s massive upside makes it a coin to watch in the coming months. Meanwhile, the token’s daily active addresses increased dramatically in mid-November, peaking at over 900,000 on November 13 before stabilizing at around 650,000 on November 18. The surge, which highlights rising user engagement, coincides with an explosion in the token’s price. SUI’s social sentiment has soared along with its price, with a massive spike in social volume reflecting this. These surges indicate growing buzz and engagement on the social platform, likely driven by investor excitement and speculation. The correlation between increased social activity and price movement suggests that retail sentiment was the main catalyst for the token’s November gains.
SOCIAL-0.90%
DAPP+2.01%
BGUSER-F6YKW8EL
BGUSER-F6YKW8EL
6h
SUI is soaring! What factors are driving the price? Aiming for the $10 mark!
$SUI SUI’s sharp rise has attracted attention from both retail and institutional investors. This surge can be attributed to a combination of factors including ecosystem advancement, improved market sentiment, and potential institutional accumulation. Recent partnerships and dApp integrations have expanded SUI’s utility, drawing attention to its expanding ecosystem. High volumes mean whale activity, indicating long-term confidence. Meanwhile, retail investors are driving social media buzz, further fueling demand. However, the rebound comes with risks as technical indicators such as the relative strength index (RSI) show overbought conditions. Market watchers are keeping a close eye on key resistance levels and the potential for profit-taking. Despite the risks, SUI’s massive upside makes it a coin to watch in the coming months. Meanwhile, the token’s daily active addresses increased dramatically in mid-November, peaking at over 900,000 on November 13 before stabilizing at around 650,000 on November 18. The surge, which highlights rising user engagement, coincides with an explosion in the token’s price. SUI’s social sentiment has soared along with its price, with a massive spike in social volume reflecting this. These surges indicate growing buzz and engagement on the social platform, likely driven by investor excitement and speculation. The correlation between increased social activity and price movement suggests that retail sentiment was the main catalyst for the token’s November gains.
SOCIAL-0.90%
DAPP+2.01%
BGUSER-RCED8JRR
BGUSER-RCED8JRR
7h
$EARNM Token Performance Analysis – December 22, 2024 As of December 22, 2024, the $EARNM token is trading at approximately $0.0284, reflecting a 7.59% increase over the past 24 hours. However, the token is down about 52.9% from its all-time high of $0.0603, which occurred just a few days earlier on December 19, 2024. --- Key Metrics: Current Price: $0.0284 All-Time High: $0.0603 (December 19, 2024) 24-Hour Change: +7.59% Circulating Supply: 103.63 million tokens Total Supply: 5 billion tokens 24-Hour Trading Volume: $2.37 million These metrics indicate a highly active market, with significant trading volume, suggesting investor interest in $EARNM despite the recent price pullback. --- Market Position and Token Utility $EARNM is a token operating in the MobileFi and DePIN (Decentralized Physical Infrastructure Network) sectors. The token’s unique value proposition lies in its ability to reward users for a variety of online activities, including: Listening to music Playing games Shopping online This use case taps into a rapidly growing trend of reward-based ecosystems, appealing to both casual users and active participants in the DeFi space. --- $EARNM dApp and Fractal Box Protocol The $EARNM dApp is currently in its Alpha phase, with a Fractal Box protocol that allows for customizable rewards. This makes the platform highly flexible and scalable, with the potential to integrate seamlessly with various platforms, offering a unique and tailored experience to users. This focus on user engagement through reward incentives could help drive the token’s adoption as more people participate in its ecosystem. --- Market Outlook While $EARNM is currently experiencing a 52.9% decline from its recent all-time high, the 7.59% daily increase signals that the token may be recovering or stabilizing in the short term. The high trading volume suggests ongoing investor interest and potential for price movement as more users engage with the $EARNM dApp. Price Recovery: If $EARNM can maintain positive momentum, the next resistance levels to watch will likely be near its previous highs, especially the $0.0603 mark. Long-Term Potential: As the MobileFi and DePIN sectors continue to grow, $EARNM could benefit from increased adoption, particularly as its dApp and reward systems become more widely integrated. --- Conclusion The $EARNM token is positioning itself as a notable player in the MobileFi and DePIN sectors, offering users tangible rewards for their everyday online activities. While the token has seen some volatility, with a notable drop from its all-time high, its ongoing market activity, active dApp development, and the potential for long-term growth make it an intriguing asset. Investors should continue to monitor $EARNM for potential price stabilization and growth, particularly as the dApp progresses beyond its Alpha phase.
ALPHA+4.06%
SPACE+1.44%
Smith001
Smith001
8h
Evaluating the Growth Potential of Solana (SOL) in the Evolving Blockchain Landscape
--- Introduction: Solana ($SOL ) has positioned itself as one of the fastest-growing blockchain networks, known for its high throughput, low transaction costs, and scalable architecture. As the blockchain landscape evolves, Solana’s performance, ecosystem growth, and innovation continue to drive its adoption. This analysis evaluates Solana’s growth potential, highlighting its technological advantages, ecosystem expansion, and potential market trajectory. --- 1. Solana’s Technological Strengths: a. Proof-of-History (PoH): Solana’s unique consensus mechanism, Proof-of-History (PoH), timestamps transactions before they are processed, enhancing speed and efficiency. Combined with Proof-of-Stake (PoS), Solana achieves unparalleled scalability, processing up to 65,000 transactions per second (TPS). b. Low Fees and High Throughput: Unlike Ethereum, where gas fees can fluctuate dramatically, Solana’s average transaction fee remains below $0.01. This cost efficiency makes Solana attractive for decentralized applications (dApps), DeFi platforms, and NFT marketplaces. c. Network Upgrades and Stability: Despite facing network congestion issues in the past, Solana continues to upgrade its infrastructure. Recent enhancements focus on boosting validator performance, minimizing downtime, and increasing decentralization. --- 2. Ecosystem Development and Adoption: a. DeFi and NFT Growth: Solana has emerged as a hub for DeFi protocols and NFT marketplaces. Platforms like Raydium, Serum, and Magic Eden are flourishing on Solana, driving network activity and liquidity. b. Partnerships and Integrations: Solana’s collaborations with major entities like Circle (USDC), Google Cloud, and Visa highlight its appeal to both Web3 projects and traditional finance (TradFi) institutions. c. Developer Activity: Solana’s developer community is expanding rapidly. The Solana Hackathons regularly attract thousands of participants, fostering innovation and new project launches. Key Metrics (2024): Over $1 billion in total value locked (TVL) in DeFi projects. More than 5,000 developers contributing to Solana’s ecosystem. 2.5 million+ active wallets monthly. --- 3. Market Analysis and Future Price Predictions: a. Historical Performance: Solana has demonstrated strong price recoveries during bullish cycles, often outperforming other Layer-1 blockchains. In 2021, SOL reached an all-time high of $260, driven by ecosystem growth and positive sentiment. b. Technical Analysis (2024): Support Levels: $45 – $55 Resistance Levels: $90 – $110 Short-Term Prediction: SOL is forecasted to trade between $85 - $100 by mid-2025. Long-Term Projection (2025-2026): If Solana maintains scalability and adoption, SOL could potentially exceed $150, driven by sustained dApp growth and institutional interest. c. Key Catalysts for Growth: Rollout of Firedancer (New Validator Client): Designed to further increase Solana’s speed and reduce network outages. Expansion of DeFi and GameFi: As these sectors grow, Solana’s scalability provides a competitive advantage. Global Adoption: More traditional finance entities integrating with Solana for cross-border payments and tokenization. --- 4. Challenges and Risks: Network Stability: Despite improvements, Solana has faced criticism for periodic network outages. Competition from Other L1s: Ethereum, Avalanche, and Aptos present strong competition, each vying for DeFi and NFT market share. Regulatory Pressure: Increasing regulatory scrutiny on DeFi platforms may affect Solana’s ecosystem growth. --- 5. Conclusion: Solana’s innovative technology, expanding ecosystem, and robust performance position it as a formidable player in the blockchain space. As the demand for scalable Layer-1 solutions grows, Solana’s future looks promising. For investors and developers, monitoring Solana’s technical upgrades and ecosystem developments will provide valuable insights into its long-term potential. $SOL
SPACE+1.44%
GAS+1.93%
sabirHusi
sabirHusi
11h
$EARNM Token Performance Analysis – December 22, 2024 As of December 22, 2024, the $EARNM token is trading at approximately $0.0284, reflecting a 7.59% increase over the past 24 hours. However, the token is down about 52.9% from its all-time high of $0.0603, which occurred just a few days earlier on December 19, 2024. --- Key Metrics: Current Price: $0.0284 All-Time High: $0.0603 (December 19, 2024) 24-Hour Change: +7.59% Circulating Supply: 103.63 million tokens Total Supply: 5 billion tokens 24-Hour Trading Volume: $2.37 million These metrics indicate a highly active market, with significant trading volume, suggesting investor interest in $EARNM despite the recent price pullback. --- Market Position and Token Utility $EARNM is a token operating in the MobileFi and DePIN (Decentralized Physical Infrastructure Network) sectors. The token’s unique value proposition lies in its ability to reward users for a variety of online activities, including: Listening to music Playing games Shopping online This use case taps into a rapidly growing trend of reward-based ecosystems, appealing to both casual users and active participants in the DeFi space. --- $EARNM dApp and Fractal Box Protocol The $EARNM dApp is currently in its Alpha phase, with a Fractal Box protocol that allows for customizable rewards. This makes the platform highly flexible and scalable, with the potential to integrate seamlessly with various platforms, offering a unique and tailored experience to users. This focus on user engagement through reward incentives could help drive the token’s adoption as more people participate in its ecosystem. --- Market Outlook While $EARNM is currently experiencing a 52.9% decline from its recent all-time high, the 7.59% daily increase signals that the token may be recovering or stabilizing in the short term. The high trading volume suggests ongoing investor interest and potential for price movement as more users engage with the $EARNM dApp. Price Recovery: If $EARNM can maintain positive momentum, the next resistance levels to watch will likely be near its previous highs, especially the $0.0603 mark. Long-Term Potential: As the MobileFi and DePIN sectors continue to grow, $EARNM could benefit from increased adoption, particularly as its dApp and reward systems become more widely integrated. --- Conclusion The $EARNM token is positioning itself as a notable player in the MobileFi and DePIN sectors, offering users tangible rewards for their everyday online activities. While the token has seen some volatility, with a notable drop from its all-time high, its ongoing market activity, active dApp development, and the potential for long-term growth make it an intriguing asset. Investors should continue to monitor $EARNM for potential price stabilization and growth, particularly as the dApp progresses beyond its Alpha phase.
ALPHA+4.06%
SPACE+1.44%

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