Pencils Protocol

About Pencils Protocol

Pencils Protocol is the next-gen decentralized platform that offers auction services for blockchain native assets and RWAs, along with unified and leveraged yield aggregation services for users to maximize asset utilization.Pencils Protocol also serve as Scroll native gateway for liquid staking and restaking assets. <br/>Powered by Scroll, Pencils Protocol redefines the Layer-2 sectors by utilizing Scroll’s zero-knowledge technology. We focus on scalable and private DeFi services, enhancing yield a Highlight/Vision: Lowering Participation Barriers - Staking and Vaults Features: One-click operations greatly simplify the participation process, allowing users to engage without needing complex technical knowledge. Smart contracts automatically manage mining and investment strategies, reducing users_ learning and operational difficulties while enhancing their experience. Enhancing Security - Smart Contract Security Audits: Smart contracts audited by professional institutions can significantly reduce vulnerabilities and attack risks, boosting the platform_s security and user trust. - Automated Management: Smart contracts control mining strategies and positions, minimizing errors and risks from manual operations. Token Economics: In Pencils Protocol, $DAPP is the _ token primarily used for governance, Auction Platform collateral, and Point _ rights mapping Technical Overview: Pencils Protocol leverages Zero-Knowledge technology to protect user privacy Token Allocation: Treasury 10%：0% unlock at TGE, no cliff, 18 months linear vesting Early Supporters 16%: 15% unlock at TGE, no cliff, 12 months linear vesting Public Sale 20%: / Eco_ Incentive 20%: 0% unlock at TGE, no cliff, 18 months linear vesting Community 15%: 0% unlock at TGE, no cliff, 18 months linear vesting Core Contributors Advisors 12%: 0% unlock at TGE, 3 cliff months, 18 months linear vesting Airdrop 3%: TBD Marketing+Liquidity Provision 4%: TBD