PINKCHAIN

in #pinkchain2 years ago

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Introduction

Hello, this time I will discuss the PinkChain platform, which is an EVM Layer-1 Blockchain Platform that focuses on DeFi, GameFi and Metaverse. It is the first PoW Blockchain to have Liquidity Mining and Staking, a better alternative to PoW Ethereum. PinkChain Scalable, Sustainable High Performance Blockchain Platform and fully EVM compatible allows developers to build scalable user friendly dApps at almost zero cost. PinkChain ensures real decentralization using Proof of Work (PoW). PinkChain is connected to popular public chains like Ethereum, Binance Smart Chain (BSC), Polygon with Pink Bridge. Pink Bridge enables data exchange between PinkChain and other supported chains. Users can transfer tokens, NFTs, and arbitrary data between PinkChain and other chains using bridges. Arbitrage and liquidity transfers are available with cross-chain support.

Things You Should Know About Pinkchain!

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PinkChain is connected to popular public chains like Ethereum, Binance Smart Chain (BSC), Polygon with Pink Bridge Currently PinkChain can handle 2,000+ tx per block while maintaining security and scalability. It can adjust block size and transaction size based on network usage and load. PinkChain is designed in such a way that the transaction fee stays almost 0 forever so users don't have to worry about paying high gas costs. PUSD is the native stablecoin of the PinkChain ecosystem and is fully supported by a basket of other stablecoins such as USDT, BUSD, USDC, PAX, DAI. PinkDAO works like a bank where you can deposit multiple stablecoins to earn one PUSD standard stablecoin and earn interest. Unlike other traditional banking systems, PinkDAO is fully decentralized and managed by people around the world who own the Pink Chain Protocol native token, PINK. T PinkDEX is PinkChain's original Automated Market Maker (AMM) Protocol that rewards native cryptocurrencies for providing on-chain liquidity. It is an incentive to increase the overall liquidity of PinkChain which creates arbitrage opportunities and brings more users in the ecosystem. In cryptocurrency terms, mining translates to generating native assets from the blockchain but the term is often misused to denote agriculture. Liquidity mining on PinkChain is true cryptocurrency mining. After the genesis event, wPINK and other required contracts are deployed on the network then the original PINK is converted to wPINK and sent to the liquidity mining contract, it will generate a constant amount of wPINK per block.

Tokenomics & Wallet

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PinkChain is a true cryptocurrency mining. After the genesis event, wPINK and other required contracts are deployed on the network then the original PINK is converted to wPINK and sent to the liquidity mining contract, it will generate a constant amount of wPINK per block. LPs can provide liquidity on PinkDEX, earn LP tokens and stake them in the pool to earn wPINK. Later the wPINK can be converted back to PINK. In the traditional type of mining, not everyone can participate in process mining because not everyone can afford or handle rigs or network node mining setups. So the whole mining process becomes limited to technology savvy people and not ordinary people. But at PinkChain, we have made the liquidity mining process so easy that anyone can start mining PINK right away by providing liquidity other than GPU miners. Connect Pinkchain to Metamask (Add Network) with the configuration below. Currently Metamask on Firefox has issues with custom Networks, please use Chrome or Brave browser. You can also include Pinkchain Network in any other Metamask like wallets that supports custom RPC.

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Conclusion

Pinkchain First Layer 1 PoW Blockchain to have Liquidity Mining and Staking, A Greater Alternative to PoW Ethereum. Pinkchain is a decetralized EVM compatible blockchain protocol designed for ex-Ethereum miners. Its consensus is powered by Proof of Work (Ethash) which is one of the most secure consensus mechanisms. PoW ensures real decentralization and fair distribution of coins. Pinkchain is scalable, sustainable, high-performance blockchain platform and fully interoperable with the Ethereum mainnet, all EVM compatible environments, and other BFT chains via IBC with EVM enabling developers to build scalable user-friendly dApps at nearly zero cost.

Detailed Information:

WEBSITE : https://pinkchain.net
DISCORD : https://discord.gg/jzxrn5H4eQ
TELEGRAM : https://t.me/Pinkchain_chat
TWITTER : https://twitter.com/PinkChainNet
ANN : https://bitcointalk.org/index.php?topic=5415634.0

#PROOF
Forum Username: Jancuki
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1305012
Telegram Username: @robiawal
BSC Wallet Address: 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d

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