- At press time, the PAW token is down 10.90%.
- The PawSwap crew launched the PAW Staking Mainnet yesterday.
- To this point, round 200 trillion PAW tokens have been injected into the mainnet.
Opposite to what many count on, the value of PAWSWAP (PAW) has fallen after the PAW Staking Mainnet launched in 2023. on April 30, about 200 trillion PAW tokens have been paid out. Apparently, so many PAWs took lower than 24 hours. chips to be thrown.
Usually, such a big lower in token provide would result in a big value improve, however this was not the case for PAWSWAP, which was down 10.68% at press time. Staked PAW tokens signify 0.2% of the whole PAW token provide.
PawSwap plan
The launch of the stack mainnet is the primary main product for the PAW ecosystem. The challenge has a strong plan that features the PawChain blockchain and a cross-decentralized change (PawSwap) with a concentrate on safety, velocity and handy buying and selling of crypto-assets.
PAW Staking Mainnet Dwell!
We’re happy to announce that our staking platform, our first main PAW Ecosystem product launch, has gone stay.
You possibly can go to https://t.co/VVNxUpRThp to get began and get entangled!
Over the subsequent few days, the PAW crew will present… pic.twitter.com/LjsGxfiC7w
— PAWChain (@PawChain) in 2023 April 30
CertiK has already confirmed that the newly launched mainnet “meets their requirements”. As well as, the PawSwap crew additionally mentioned that it’s going to co-chair a mainnet audit standing report with the group.
The PawSwap crew began by launching the PAW token on the Ethereum community and now launched the PAW Staking Mainnet.
Whereas the launch of the funding mainnet and subsequent token staking doesn’t appear to have induced a lot motion within the value of PAWSWAP, the launch of the PawChain blockchain and crosschain decentralized change (PawSwap) is predicted to extend demand for PAW tokens, which in flip might result in PAW the value of the token will improve.