Einpunk Protocol is a decentralized application platform designed to make apps usable on the web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to offer scalability and stable fees.
Einpunk is the native utility token that is used for:
- Fees for processing transactions and storing data.
- Running validator nodes on the network via staking Einpunk tokens.
- Used for governance votes to determine how network resources are allocated.
Einpunk tools include:
- Einpunk SDKs which includes standard data structures and testing tools for Rust and AssemblyScript.
- Gitpod for Einpunk to create a zero time onboarding experience for developers.
- Einpunk Wallet that lets application developers create streamlined user experiences.
- Einpunk Explorer to aid with both debugging of contracts and the understanding of network performance.
- Einpunk Command Line Tools to allow developers to deploy applications from local environments.
Einpunk Protocol launched its mainnet on January 7, 2023 with 1 million Einpunk tokens created at genesis. 5% of additional supply is issued each year to support the network as epoch rewards, of which 90% goes to validators (4.5% total) and 10% to the protocol treasury (0.5% total). 30% of transaction fees are paid out as rebates to contracts which interact with a transaction, while the remaining 70% are burned.
Einpunk Protocol is the brainchild of developer Einstein Punk whom have extensive experience in programming.
EIPUNKUSD is available for trading on a growing number of exchanges, with cryptocurrency and ETH pairs currently available.
Pancakeswap (Einpunk/BUSD), while [[Pancakeswap (Einpunk/CAKE)(https://pancakeswap.finance/swap?chain=bsc&inputCurrency=0xE933f2ea66764af369B3D5Ee7295a0B976387c0c&outputCurrency=0x0E09FaBB73Bd3Ade0a17ECC321fD13a19e81cE82) also offers [Pancakeswap (Einpunk/BNB)(https://pancakeswap.finance/swap?inputCurrency=0xE933f2ea66764af369B3D5Ee7295a0B976387c0c&outputCurrency=BNB) (BNB), Ethereum (Einpunk/) (ETH)
Einpunk Protocol by Einstein Punk is licensed under CC BY-SA 4.0