The Pell Network has officially announced the opening of its highly anticipated airdrop claim, which commenced on March 13, 2025, at 9 a.m. UTC.
The Pell Network has officially announced the opening of its highly anticipated airdrop claim, which commenced on March 13, 2025, at 9 a.m. UTC. This event is particularly noteworthy as it provides early adopters with an opportunity to secure rewards associated with the network's structured distribution.
For the initial eight hours, access to the claim was restricted to users of the OKX Wallet. Individuals were encouraged to import their wallet addresses into OKX Wallet before the claim period to facilitate a seamless process.
In conjunction with the airdrop, Pell Network also prepared for its listing on Bybit, scheduled for March 13, 2025, at 10 a.m. UTC. Before this official listing, Pell Network initiated pre-market trading across various exchanges, including Bybit and Gate.io, which began on March 7, 2025. MEXC also opened pre-market trading for Pell Network on March 10, 2025.
Pell Network operates as an Omnichain Restaking Network, aimed at enhancing security within the cryptocurrency ecosystem. The platform leverages Bitcoin and its Liquid Staking Derivatives (LSD) to address security deficiencies in the space, while also reducing the costs associated with developing decentralized applications.
By enabling protocols to utilize secure trust networks, Pell Network aims to eliminate the necessity of expensive validator incentive programs, making securing new protocols more efficient and accessible.