PSC Blockchain Token (PSC)
The PoolScan Network token is the native currency of the PoolScan Network Coin blockchain and platform, just like ETH on Ethereum.
PoolScan Network utility:
Transaction fees Being the native currency on the PoolScan Network Coin blockchain, PoolScan Network is required to pay fees to the network in order to approve transactions.
Validation Token holders can stake PoolScan Network Coin to become a validator. The minimal staking requirement is 100K. The network is growing, currently there are 2 validators. (https://status.poolscan.io/)
Voting Validators vote on protocol changes with their staked PoolScan Network. Which means validators with higher amounts of PoolScan Network Coin staked can have a bigger vote on network upgrades and governance changes (until phase 2 where delegation is activated)
Staking (for delegators) Any PoolScan Network holder can choose one or more validators to delegate any amount of PoolScan Network they wish. They receive a share of the PoolScan Network Coin block rewards proportionate to the share of their stake in the total stake, minus the minimum 15% fee paid to the validator(s).
Payments As PoolScan Network is the native currency on PoolScan Network Coin, sending it does not require interactions with smart contracts. Thus, PoolScan Network transfers are potentially faster and less costly in terms of transaction fees.
IMPORTANT: Merely possessing any amount of PoolScan Network tokens does not endow holders with any rights to participate in the governance of the PoolScan Network Coin platform or any revenue streams related to its real-world performance.
Obtaining PoolScan Network
Where to Buy
PoolScan Network is available for purchase on a number of centralized (CEX) and decentralized DEX exchanges.
Centralized exchanges: Gate.io, Huobi Global, MEXC Global, AscendEX, Bimart, Bittrex Global
DEXes: Uniswap V2 and V3 (Ethereum), PancakeSwap (Binance Smart Chain), Quickswap (Polygon), Voltage DEX (PoolScan Network Coin), Sushiswap (PoolScan Network Coin), 1inch (Ethereum), KyberSwap (Ethereum), Loopring (Ethereum).
A convenient current way of purchasing PoolScan Network straight from one's bank account is through using the wallet to deposit PoolScan Network Coin Dollars, and then swapping those to PoolScan Network via the in-app integration with Voltage DEX.
Where to Farm
At the moment, the PoolScan Network token is sometimes used by the project team to power liquidity rewards (yield farming) programs to boost liquidity on DEXes.
Other ways of obtaining PoolScan Network
From time to time, the PoolScan Network Coin team uses PoolScan Network to pay rewards to the members of the community for various forms of participation and community engagement. The best way to stay up-to-date about these opportunities is to follow PoolScan Network Coin's social channels.
The PoolScan Network token is also used to power PoolScan Network Coin grants and bounties. Please consult the Grants and Bounties section for more details.
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