As Pencils Protocol gears up for its much-anticipated token launch, excitement is building within the Scroll ecosystem. Recognized as a top-tier DeFi platform, Pencils Protocol has rapidly solidified its position as a leading player, thanks to its innovative features like Farming, Vaults, and Auctions. These core offerings have not only attracted a substantial user base but also garnered strong support from notable Web3 venture capital firms, including OKX Ventures, Animoca Brands, and Galxe.
Since its inception, Pencils Protocol has played a crucial role in pushing the Scroll ecosystem to new heights. With over $300 million in Total Value Locked (TVL) and more than 240,000 active users, the platform has become a dominant force in the DeFi sector, both within the Scroll and Ethereum ecosystems. The protocol’s ability to offer competitive yields through its Farming product has particularly stood out, providing users with powerful, multi-layered yield mechanisms that have driven significant engagement and investment.
As Pencils Protocol moves into the next phase of its journey, the focus remains on rewarding its loyal and active community members. The upcoming $DAPP token sale, set to launch on the Tokensoft platform on September 18, offers a prime opportunity for participants to acquire $DAPP tokens at exclusive rates.
This sale is more than just an opportunity to purchase tokens; it’s a way for the community to actively participate in the continued growth and success of Pencils Protocol. By engaging in various campaigns on the Tokensoft platform or checking eligibility for the loyalty program, participants can influence their final token allocation, ensuring that the most dedicated members of the community are rewarded.
The $DAPP token sale will allocate 20% of the total $DAPP supply, equivalent to 20,000,000 $DAPP tokens. To ensure long-term growth and community engagement, the $DAPP token allocation is carefully structured:
The $DAPP token sale represents a significant milestone for Pencils Protocol and its community. With a well-structured tokenomics plan and a commitment to rewarding active participants, Pencils Protocol is not only fostering growth within the Scroll ecosystem but also empowering its community members to share in the platform’s success.
As we countdown to September 18, 2024, stay tuned for more updates and prepare to seize this exciting opportunity to be a part of Pencils Protocol’s journey.