PengolinCoin is a Proof of Stake (PoS), open source, decentralized blockchain-based cryptocurrency focused on achieving fast transactions, an active and involved community, real-world utilization, network scalability, and fungibility.
The PGO team is in the research and planning stages to introduce a separate wrapped (ERC20) version of PGO called wPGO. What is wrapped wPGO?
Wrapped PGO is simply an ERC20 token that represents the real PGO coin on the Ethereum ecosystem. Having an ERC20 token representation allows PengolinCoin to integrate into the Ethereum ecosystem, which includes wallets, dapps, and smart contracts. What is the use case for wPGO?
On the Ethereum ecosystem, wPGO allows the use of a variety of financial instruments already available in DeFi, and decentralized trading on Uniswap. In addition, wPGO allows users to offer Liquidity Pools (know as LPs) to earn additional interest.
Coin Name : Pengolin
Coin Ticker : PGO
Consensus Algorithm: PoS
Block Time: 60 Seconds (Re-targeting every block)
Max Coin Supply: 100,000,000 PGO
Premine: 15,000,000 PGO (11.5M for swap, 3.5M for project developement)
Stake-able: Yes (Earn block reward from coin ownership)
Masternode Support: Yes, 100,000 PGO per masternode
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