Pell Network, a well-known Bitcoin restaking platform, is launching its native token $PELL on xLaunchpad, in partnership with MultiversX. This collaboration aims to enable Bitcoin restaking services on MultiversX and expand Pell Network's offerings. The launch of $PELL will take place next month and will bring Bitcoin restaking on MultiversX, alongside $EGLD restaking. Pell Network allows developers to secure applications by leveraging MultiversX's network of validators, without the need for a separate infrastructure. The restaking service improves the utility of staked assets and enhances the overall ecosystem's scalability and stability. Consumers of xLaunchpad will have exclusive access to $PELL tokens, which offer early access, enhanced utility, and new DeFi capabilities. The launch will feature initiatives that incentivize consumer engagement, community dedication, and content creation. This collaboration reflects a shift in blockchain scalability and security, providing new participation opportunities.



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