About Pine Protocol

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 ...