Review on pEOS by Digital Convict
A privacy token for EOS
It is a project generated in EOS, its objective is privacy; The transactions are cheap and fast.
In Some exchanges it can be exchanged for pBTC, it is an important point; Although at the moment and its low market cap, it is bought at a low cost; It is a token that moves a lot and from what I have seen, it can be staked on Wax and Telos.
It coul be exchanged for USDT, BNT too, this allows you to migrate from one blockchain to another. The market is dynamic in Hotbit but rigged. Has high liquidity in Bigone. It's slow but fair on Newdex, it's best sold on Bancor.
The wallet seemed complicated to install and I had certain reservations about. It can be saved on eosio wallets like Wombat, TokenPoket or Anchor .
There are swap pools that offer high rewards for it; Only you lose it in exchange for the exchange's token, you know.
It is a project that can resemble pTokens but isn't part of them (Just clarify).
I don't know how it directly influences the market but I guess it's a good thing.
The"P" is for "Private" not for "Pegged"; It would be great if it had both characteristics, but not for now.
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Pros
- It is a privacy token
- You can easily do staking on the explorer
- It is currently cheap
Cons
- It is difficult to install the wallet.
- The withdrawal takes 3 days after the request.
- It is not popular.
