[introduction_banner title=”Introduction” overview=”PLS TOKEN”]
[introduction_details details=”The PSL token (“PSLâ€ÂÂ) serves as the native cryptocurrency on the Pastel Network, which allows them to be used to transfer and store value in a similar way as Bitcoin. By running on a fully dedicated, purpose-built blockchain for the specific use case of rare NFTs, PSL is the foundation for accessibility. Inherently, PSL empowers the permissionless, borderless economy for rare digital assets”]
[extra_details title=”” details=”PSL coins also have various special use cases within the Pastel ecosystem: PSL can be used by artists to pay for securely registering and storing their artwork on the Pastel Network. The underlying mechanics support a low inflationary model through constant Proof of Burn. PSL can also be used by collectors to purchase rare artworks created by others.”]
[information_readmore title=”Utility Use Cases” link=”https://pastelnetwork.wpengine.com/psl-token/utility-use-cases/”]
[information_readmore title=”Supply Specifications” link=”https://pastelnetwork.wpengine.com/psl-token/supply-specifications/”]
PSL Token summary:
| Maximum Supply | 21,000,000,000 PSL |
|---|---|
| Total Supply at Genesis | 10,750,192,399 PSL |
| Circulating Supply | 2,235,530,229 PSL |
| Reward / Block | 6,250 PSL |
| Reward Halving | 840,000 PSL / Block |
| Block Time | 2.5 Minutes / Block |
[information_readmore title=”Token Distribution” link=”https://pastelnetwork.wpengine.com/psl-token/token-distribution/”]