What is PEGO Network (PG)

PEGO Network is a new blockchain that supports decentralized applications with high autonomy,
scalability, and sustainability. It aims to provide open, scalable, and sustainable Web3 infrastructure for all dApps.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (PG/USDT – Trade it here) on the Innovation Zone! Check it out now!

What is PEGO Network (PG)
What is PEGO Network (PG)

What Exactly is PEGO Network?

PEGO Network is a cutting-edge Web3 architecture that provides great autonomy, scalability, and sustainability to decentralized applications (dApps). It provides developers and users with a fully community-driven Web3 ecosystem. Here, any on-chain settings can be readily altered by proposals launched by the community. This collaborative governance strategy ensures that the PEGO infrastructure is adaptive and responsive to its users’ changing needs.

The platform includes a complete economic incentive system that incentivizes active involvement. It also contributes to the long-term sustainability of the PEGO ecosystem, based on the PPOS (PEGO Proof of Stake) consensus mechanism. Therefore, PEGO Network encourages users to interact and contribute positively to the network’s growth and stability by connecting cash rewards with good actions.

Furthermore, the PEGO blockchain is completely interoperable with the Ethereum Virtual Machine (EVM) technology. This allows developers to build scalable and decentralized applications in a familiar and powerful environment. This compatibility also allows for the easy migration of existing Ethereum-based projects to PEGO. Eventually, this will open up new opportunities for developers and encourage innovation in the Web3 area.

What is the PEGO Consensus Protocol (PPOS)?

PPOS (PEGO Proof of Stake) combines the strengths of both Proof of Stake (POS) and Delegated Proof of Stake (DPOS) to provide a fair and rewarding system for all network participants, including nodes and users. The consensus scheme in PEGO follows a series of steps to ensure the integrity and efficiency of block generation and validation:

Block Generation and Verification: A small number of nodes, initially fixed at 21, are in charge of producing and confirming blocks. However, this figure is changeable via proposals on the ecosystem’s DAO.

Rotating Block Generation: Validators generate blocks in rotation, in a manner similar to Ethereum’s Clique consensus engine. This rotation ensures that all validators have an equal chance to participate in the block generation process, supporting network fairness.

On-chain Governance and Incentives: Validators are chosen and deleted depending on methods of on-chain governance. Staking and other incentive mechanisms are used in this selection process to encourage active involvement and responsible behavior among validators.

Where to buy PG Token

You can find PG Tokens here at MEXC! We are listing PG/USDT in our Innovation Zone!

What is the Price of PG Tokens?

The PG token is currently trading MEXC for $2.02! You can check the live price of their token right here!

How to buy PG Tokens on MEXC

You can buy PG Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “PG” using the search bar to see the available trading pairs. Take PG/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of PG you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy PG] to confirm your order. You will find the purchased PG in your Spot Wallet.

You can find a detailed guide on how to buy PG Tokens here.

Get Free Airdrops with MEXC Launchpad!

Did you know MEXC gives out 20+ free airdrops weekly? Launchpad and Kickstarter events ensure that all our loyal MX token HODLers receive a ton of new tokens! Learn all about it at our MX Zone now!

Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

Join MEXC and Start Trading Today!