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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 $0.1113 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 2.49% 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 +78.50% 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+2.49%$0.09600$0.1673
7d-3.34%$0.07240$0.1673
30d-35.44%$0.07240$0.2094
90d-61.82%$0.07240$0.3514
1y+78.50%$0.06000$2.1
All-time+78.50%$0.06000(--, Today )$2.1(--, Today )

Pencils Protocol market information

Market cap
--
+2.49%
Fully diluted market cap
--
+2.49%
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 $0.11 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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1 DAPP = 0.1113 USD
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DAPP resources

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Pencils Protocol WebsitePencils Protocol WhitepaperPencils Protocol TwitterPencils Protocol Github

Bitget Insights

Kylian-mbappe
Kylian-mbappe
2h
$REX The core of REVOX ecosystem is various primitive agents. Each primitive agent focuses on compl
$REX The core of REVOX ecosystem is various primitive agents. Each primitive agent focuses on completing specific simple and professional tasks. The coordination of various primitive agents can ensure the efficiency, flexibility and scalability within the REVOX framework. Currently, several classic primitive agent use cases are as follows: Ticker Agent: Extracts token Tickers from user prompts using natural language understanding through a comprehensive Ticker database. The agent simplifies asset identification and interaction as well as the user’s dApp experience. Chart Agent: Visualize data through intuitive charts based on user commands. Database Agent: Provides personalized database access, enabling users to directly execute customized queries through conversational prompts. It bridges the gap between traditional database interaction and the fluency of natural language processing. In addition, REVOX also provides extension plug-ins that can be applied outside its ecosystem. Plug-ins allow agents to retrieve information, execute transactions and utilize the functions of external services, thereby enhancing the intelligence and practicality of the REVOX platform.$REX
CORE-2.55%
DAPP-23.72%
BGUSER-BXAHZ1Q9
BGUSER-BXAHZ1Q9
4h
The REVOX ecosystem is built around various primitive agents, each designed to perform specific task
The REVOX ecosystem is built around various primitive agents, each designed to perform specific tasks. These agents work together to ensure efficiency, flexibility, and scalability within the framework. Here are some classic primitive agent use cases: 1. *Ticker Agent*: Extracts token tickers from user prompts using natural language understanding and a comprehensive ticker database. This simplifies asset identification and interaction, making the user's dApp experience more seamless. 2. *Chart Agent*: Visualizes data through intuitive charts based on user commands, providing a clear and concise way to understand complex information. 3. *Database Agent*: Offers personalized database access, allowing users to execute customized queries through conversational prompts. This bridges the gap between traditional database interaction and natural language processing. In addition to these primitive agents, REVOX also provides extension plug-ins that can be applied outside its ecosystem. These plug-ins enable agents to: 1. *Retrieve information*: Access external data sources to provide more comprehensive and accurate information. 2. *Execute transactions*: Perform transactions on external services, expanding the capabilities of the REVOX platform. 3. *Utilize external functions*: Leverage the functions of external services, enhancing the intelligence and practicality of the REVOX platform. The use of primitive agents and extension plug-ins in REVOX enables a more efficient, flexible, and scalable ecosystem. This allows for a more streamlined and user-friendly experience, making it easier for users to interact with the platform and access the information and services they need. Some potential benefits of the REVOX ecosystem include: 1. *Improved user experience*: The use of natural language understanding and intuitive charts makes it easier for users to interact with the platform and access the information they need. 2. *Increased efficiency*: The coordination of primitive agents and extension plug-ins enables faster and more accurate processing of tasks and transactions. 3. *Enhanced scalability*: The modular design of the REVOX ecosystem allows for easy integration of new agents and plug-ins, making it easier to scale the platform to meet growing demand. Overall, the REVOX ecosystem has the potential to revolutionize the way users interact with decentralized applications and services, providing a more efficient, flexible, and scalable solution for a wide range of use cases.
DAPP-23.72%
INVESTERCLUB
INVESTERCLUB
5h
Important components of REVOX ecosystem
$REX The core of REVOX ecosystem is various primitive agents. Each primitive agent focuses on completing specific simple and professional tasks. The coordination of various primitive agents can ensure the efficiency, flexibility and scalability within the REVOX framework. Currently, several classic primitive agent use cases are as follows: Ticker Agent: Extracts token Tickers from user prompts using natural language understanding through a comprehensive Ticker database. The agent simplifies asset identification and interaction as well as the user’s dApp experience. Chart Agent: Visualize data through intuitive charts based on user commands. Database Agent: Provides personalized database access, enabling users to directly execute customized queries through conversational prompts. It bridges the gap between traditional database interaction and the fluency of natural language processing. In addition, REVOX also provides extension plug-ins that can be applied outside its ecosystem. Plug-ins allow agents to retrieve information, execute transactions and utilize the functions of external services, thereby enhancing the intelligence and practicality of the REVOX platform.$REX
CORE-2.55%
DAPP-23.72%
BGUSER-you
BGUSER-you
7h
The long-term projections for Rex tokens (REX), particularly those under different blockchain ecosystems like REVOX, XRX, and others, provide an interesting insight into the potential growth of these tokens. Below is a detailed breakdown of each token's outlook and the factors that will influence their future performance: 1. REVOX (REX) Token (2024–2030) Price Prediction By 2025: Predictions suggest that REVOX could reach a price between $0.10 and $0.25 USD, assuming the ecosystem expands and Web3/AI adoption progresses. By 2030: The long-term forecast points toward a potential price range of $1 or more, with strong growth driven by Web3 technologies, AI adoption, and platform partnerships. Factors Influencing Long-Term Price Adoption of Web3 and AI: REVOX's success hinges on the widespread use of decentralized AI across various sectors. As Web3 technologies and AI become more integrated into industries, REVOX could see significant demand. Partnerships and Integrations: Collaboration with major Web3 projects or enterprise clients could boost REVOX’s utility, increasing its token value. Staking and Governance: As REVOX tokens are used for staking and governance, their demand may rise among investors seeking rewards and decision-making power. --- 2. XRX Token (2024–2030) Price Prediction By 2025–2030: As a smaller-cap token, XRX is expected to experience more volatility. Projections for XRX’s price by 2030 range between $0.01 and $0.50 USD. The actual price will depend on the overall health of the cryptocurrency market and the adoption of the Binance Smart Chain (BSC). Factors Influencing Long-Term Price DeFi Growth on BSC: XRX’s value will likely be affected by the expansion of decentralized finance applications on BSC, which could drive increased demand for the token. Staking and Yield Farming: The availability of higher staking rewards or liquidity incentives could attract more investors and increase XRX's value. --- 3. Rex (REX) on Polygon or Solana (2024–2030) Price Prediction 2024 to 2025: In the short-term, Rex tokens are projected to trade around $0.0005 to $0.01 USD. By 2030: Long-term projections for Rex tokens on Solana or Polygon range between $0.02 to $0.50 USD, depending on adoption, use in decentralized applications (dApps), and overall blockchain network growth. Factors Influencing Long-Term Price Polygon and Solana Network Growth: Rex tokens will benefit from the expansion of Polygon or Solana, as these ecosystems gain more traction. Their adoption in areas like DeFi, NFTs, and gaming could drive up Rex’s value. Scalability and Ecosystem Expansion: The scalability of Polygon and Solana is key to Rex’s future growth. If Rex can tap into broader dApp use cases, such as DeFi or NFTs, it could see substantial price increases. --- General Long-Term Considerations for Rex Tokens 1. Blockchain Ecosystem Adoption: Tokens like Rex rely on the overall health and adoption of the blockchain ecosystems they operate on, such as BSC, Polygon, and Solana. Long-term price growth will depend on how these networks evolve and expand. 2. Cryptocurrency Market Sentiment: The broader crypto market trends (bull or bear markets) will heavily impact long-term prices. Cryptocurrencies often follow cyclical patterns of speculative demand, so market sentiment will be a key factor. 3. Technological Developments: Updates to token protocols, enhancements in scalability, or new use cases could drastically improve the long-term value of Rex tokens. Tokens that innovate and improve security can become more attractive to investors. 4. Regulatory Developments: The regulatory landscape is a crucial factor for long-term price performance. Clear and favorable regulations could bring institutional investment into the market, whereas regulatory hurdles may dampen growth. --- Conclusion Long-term predictions for Rex tokens are highly speculative, as they depend on numerous factors such as technological adoption, ecosystem growth, and broader market conditions. REVOX (REX) could see significant growth if Web3 and AI adoption accelerates. XRX might benefit from the growth of DeFi on Binance Smart Chain and increased staking rewards. Rex on Polygon and Solana will likely thrive as these blockchains grow and expand into more use cases like DeFi and NFTs. Given the volatility of the cryptocurrency market, monitoring the development of blockchain ecosystems, market conditions, and technological innovations will be essential for making more accurate predictions for these tokens.
DAPP-23.72%
MAJOR+0.04%
BGUSER-you
BGUSER-you
7h
The long-term projections for Rex tokens (REX), particularly those under different blockchain ecosystems like REVOX, XRX, and others, provide an interesting insight into the potential growth of these tokens. Below is a detailed breakdown of each token's outlook and the factors that will influence their future performance: 1. REVOX (REX) Token (2024–2030) Price Prediction By 2025: Predictions suggest that REVOX could reach a price between $0.10 and $0.25 USD, assuming the ecosystem expands and Web3/AI adoption progresses. By 2030: The long-term forecast points toward a potential price range of $1 or more, with strong growth driven by Web3 technologies, AI adoption, and platform partnerships. Factors Influencing Long-Term Price Adoption of Web3 and AI: REVOX's success hinges on the widespread use of decentralized AI across various sectors. As Web3 technologies and AI become more integrated into industries, REVOX could see significant demand. Partnerships and Integrations: Collaboration with major Web3 projects or enterprise clients could boost REVOX’s utility, increasing its token value. Staking and Governance: As REVOX tokens are used for staking and governance, their demand may rise among investors seeking rewards and decision-making power. --- 2. XRX Token (2024–2030) Price Prediction By 2025–2030: As a smaller-cap token, XRX is expected to experience more volatility. Projections for XRX’s price by 2030 range between $0.01 and $0.50 USD. The actual price will depend on the overall health of the cryptocurrency market and the adoption of the Binance Smart Chain (BSC). Factors Influencing Long-Term Price DeFi Growth on BSC: XRX’s value will likely be affected by the expansion of decentralized finance applications on BSC, which could drive increased demand for the token. Staking and Yield Farming: The availability of higher staking rewards or liquidity incentives could attract more investors and increase XRX's value. --- 3. Rex (REX) on Polygon or Solana (2024–2030) Price Prediction 2024 to 2025: In the short-term, Rex tokens are projected to trade around $0.0005 to $0.01 USD. By 2030: Long-term projections for Rex tokens on Solana or Polygon range between $0.02 to $0.50 USD, depending on adoption, use in decentralized applications (dApps), and overall blockchain network growth. Factors Influencing Long-Term Price Polygon and Solana Network Growth: Rex tokens will benefit from the expansion of Polygon or Solana, as these ecosystems gain more traction. Their adoption in areas like DeFi, NFTs, and gaming could drive up Rex’s value. Scalability and Ecosystem Expansion: The scalability of Polygon and Solana is key to Rex’s future growth. If Rex can tap into broader dApp use cases, such as DeFi or NFTs, it could see substantial price increases. --- General Long-Term Considerations for Rex Tokens 1. Blockchain Ecosystem Adoption: Tokens like Rex rely on the overall health and adoption of the blockchain ecosystems they operate on, such as BSC, Polygon, and Solana. Long-term price growth will depend on how these networks evolve and expand. 2. Cryptocurrency Market Sentiment: The broader crypto market trends (bull or bear markets) will heavily impact long-term prices. Cryptocurrencies often follow cyclical patterns of speculative demand, so market sentiment will be a key factor. 3. Technological Developments: Updates to token protocols, enhancements in scalability, or new use cases could drastically improve the long-term value of Rex tokens. Tokens that innovate and improve security can become more attractive to investors. 4. Regulatory Developments: The regulatory landscape is a crucial factor for long-term price performance. Clear and favorable regulations could bring institutional investment into the market, whereas regulatory hurdles may dampen growth. --- Conclusion Long-term predictions for Rex tokens are highly speculative, as they depend on numerous factors such as technological adoption, ecosystem growth, and broader market conditions. REVOX (REX) could see significant growth if Web3 and AI adoption accelerates. XRX might benefit from the growth of DeFi on Binance Smart Chain and increased staking rewards. Rex on Polygon and Solana will likely thrive as these blockchains grow and expand into more use cases like DeFi and NFTs. Given the volatility of the cryptocurrency market, monitoring the development of blockchain ecosystems, market conditions, and technological innovations will be essential for making more accurate predictions for these tokens.
DAPP-23.72%
MAJOR+0.04%

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