Pine Protocol: asset-backed loans, governance token $PINE.
Pine Protocol offers asset-backed loans via NFTs. $PINE token governs the platform, incentivizing participation and influencing its future development.
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What is Pine Protocol (PINE)?
The Pine Protocol is a collection of smart contracts operating on various blockchains, including Ethereum, other EVM chains, and Solana. It serves as blockchain infrastructure for asset-backed loans. The Pine Platform is a decentralized marketplace connecting lenders and borrowers, using NFTs as collateral for instant, permissionless loans, built upon the Pine Protocol. $PINE is the native governance token, access token, and incentive mechanism. It encourages participation and contribution to the Pine ecosystem, rewarding users for their efforts. $PINE is crucial, as it incentivizes users to contribute to the Pine ecosystem. Rewards are based on usage, activity, and transaction volume. Inactive users will not receive $PINE incentives. $PINE holders govern the PineDAO, controlling the Pine ...
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Pine Protocol price live information
As of now, Pine Protocol is trading at 0.001885 USD, with a 24-hour trading volume of approximately 24.98K USD. The PINE to USD price is updated in real time. Over the past 24 hours, Pine Protocol has increased by 4.03%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 2.64K USD. Currently, there are 1 400 000 PINE in circulation out of a maximum supply of 700 000 000 PINE.
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