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Pell Network Airdrop Is Live: Bitcoin Restaking Takes Off

Pell Network Airdrop Is Live: Bitcoin Restaking Takes Off

The Pell Network has officially launched its airdrop claim, opening the gates to early adopters and restakers eager to participate in the next evolution of crypto infrastructure. As restaking continues to redefine economic security, Pell stands out by bringing this innovation to Bitcoin—the most trusted and secure asset in crypto. But Pell isn’t just about hype; it’s building a modular security layer with tangible use cases and a strong economic model that could reshape how Bitcoin is leveraged across decentralized ecosystems.

What is Pell Network?

Pell is a restaking protocol that enables users to stake BTC to secure modular services, known as Actively Validated Services (AVSs), similar to what EigenLayer has introduced on Ethereum. It allows Bitcoin holders to put their capital to work, generating yield by securing decentralized oracles, bridges, data availability (DA) layers, and more—all without needing to bootstrap new validator sets from scratch.

How Pell Works: Bridging Bitcoin to Modular Security

Since Bitcoin does not natively support smart contracts or staking, Pell enables BTC restaking via liquid staking tokens (LSTs) such as wBTC, tBTC, and BTCB across EVM-compatible blockchains like Ethereum, BNB Chain, BoB network, Core, ZetaChain and others. Users stake their LSTs on Pell’s platform, which then restakes them to provide slashing-backed security for AVSs. In return, AVSs pay fees for this security, and rewards are distributed to BTC restakers. This structure enables Pell to bring Bitcoin’s economic weight into modular crypto infrastructure while maintaining a decentralized, slashing-compatible security layer.

How Pell Compares: EigenLayer, Karak, and Beyond

While EigenLayer pioneered Ethereum restaking and Karak is pushing a cross-chain approach, Pell is uniquely positioned to capture the untapped value of Bitcoin’s idle liquidity. Where EigenLayer focuses on ETH-based AVSs and Karak explores multi-chain restaking, Pell applies Bitcoin’s economic weight as collateral for AVS security.

Competitors like BounceBit and Babylon also aim to bring restaking or timestamped security to Bitcoin, but Pell’s architecture prioritizes slashing-backed guarantees and modular integration, making it more aligned with the EigenLayer thesis, but for BTC-native environments.

Potential Use Cases for Pell AVSs

  • Oracle networks secured by BTC restakers
  • Bitcoin-backed bridge networks and zk-rollups
  • Data availability layers with slashing mechanisms
  • Coordination layers for multisig custody and validator committees

Revenue Streams and Economic Incentives

AVSs will pay Pell in BTC or PELL tokens to lease security. Fees are then distributed to BTC restakers and validator operators. Pell may also implement token buyback programs and burns to enhance value capture. While EigenLayer has already demonstrated a potential $100M+ annual revenue model through AVS consumption, Pell could unlock similar value from Bitcoin’s vast liquidity pool.

Who’s Behind Pell?

Although detailed founder information is still limited, Pell has drawn early attention from restaking enthusiasts. It is actively engaging with AVS developers and modular infrastructure providers. As the ecosystem matures, we can expect integrations and AVS partnerships to be formally announced.

Risks to Consider

As with any early-stage crypto protocol, Pell faces several risks:

  • Technical risks in slashing arbitration and AVS reliability
  • Smart contract risks
  • Limited AVS adoption until network effects grow
  • Custodial or bridge-based BTC staking mechanisms introducing centralized points of failure
  • Market volatility and uncertain regulatory outlook for BTC-based DeFi

Pell offers a bold new vision for Bitcoin—one where BTC is no longer passive capital but a foundational layer in modular crypto security. But with innovation comes risk, and early participants should weigh the upside carefully against potential protocol maturity hurdles.
As the airdrop goes live, Pell marks the beginning of a new narrative: Bitcoin as the backbone of decentralized security. Don’t forget to check if you are eligible for the airdrop!

Monad Airdrop Guide: How to qualify This High-Potential Opportunity

Monad Airdrop Guide: How to qualify This High-Potential Opportunity

The buzz around Monad is growing, and for good reason. Positioned as an ultra-efficient Ethereum-compatible Layer 1 blockchain, Monad promises to revolutionize scalability while maintaining full EVM compatibility. With backing from top-tier investors like Dragonfly Capital, the project has gained significant attention even before launch. Given the trends in the crypto space, an airdrop for early adopters seems highly likely. In this article, we’ll explore how you can position yourself for a potential airdrop.

It’s important to note that testnet transactions will not necessarily qualify for an airdrop, so maybe it’s worth interacting with it without investing too much time.

Check Monad explorer

The first step is to check the Monad explorer to see if you received any test tokens. Follow this link and paste your EVM wallet address. Receiving tokens isn’t a guarantee that you’ll get the airdrop, but it’s a good start. If you didn’t receive any, you can claim daily testnet tokens.

Claim testnet tokens daily

Go to https://testnet.monad.xyz/ and enter your EVM wallet address, solve the Captcha and request your test tokens. You can claim every 12 hours. You can also add the monad testnet to your favorite EVM wallet. The amount varies based on wallet activity and community involvement.

Engage with Testnet dApps

Interact with decentralized applications within the Monad ecosystem to increase your chances of qualifying for potential airdrops. Since this is a testnet, the risks are limited. However, if your wallet holds funds on other chains, a small risk remains. To stay safe, only interact with well-known and trusted applications.

On the Monad testnet page, you can find a list of featured applications as well as a complete list of all available applications. We’ll go over a few of them.

Magic Eden NFTs

Explore NFT collections on Magic Eden and See available Mints. Try minting a few NFTs and regularly check for free mint opportunities.

Listed Memecoins

Get some of the featured Memcoins. This will create transactions throught Uniswap.

Fantasy top

If you have some time, you can try fantasy top. You can find some good tutorials on Youtube.

Owlto bridge

You can deploy a smart contract through owlto finance.

You can also bridge some ETH from Sepolia Testnet through owlto too: