Pencils Protocol (DAPP) is a DeFi platform on the Scroll blockchain (Layer-2 Ethereum), offering solutions for yield farming, staking, and asset auctions.
Key facts (as of 20.06.2025):
Token: DAPP, a utility token for governance, staking, and access to premium features.
Price: ~$0.0098–$0.1848 (high volatility, data varies).
Market capitalization: ~$557,115–$0 (depends on the source, circulating supply ~56.4 million DAPP).
Trading volume (24h): ~$124,602–$1.49 million.
All-time high: $0.660682, low: $0.109223.
TVL (Total Value Locked): >$308 million, making the project one of the leaders in DeFi.
Features:
Ecosystem: Support from Scroll, integration with Binance Web3 Wallet, UXUY, and Coin98.
DAPP token functions: Used for governance (voting on protocol development), staking (up to 50-800% APR), collateral in auctions, and access to exclusive strategies.
Deflation mechanism: 30% of platform revenue is burned, supporting the value of the token.
Support: OKX Ventures, Animoca Brands, Gate Labs.
Auctions: A platform for trading blockchain and real-world assets (RWA) using zero-knowledge technologies.
Launchpool on Binance:
Period: 16.06.2025–29.06.2025.
Distribution: 30 million DAPP (3% of the maximum supply of 1 billion).
Participation: Staking BNB, FDUSD, or TUSD to receive DAPP tokens.
Listing: 30.06.2025 at 15:00 (MSK) with pairs DAPP/BTC, DAPP/USDT, DAPP/BNB, DAPP/FDUSD.
Forecasts:
Short-term: The price may increase by 20-30% after listing due to hype, but a correction is possible.
Long-term: Potential up to $0.41704 by 2026 with ecosystem development and token burning.
Risks: High volatility, dependence on market trends and the success of Scroll.
Conclusion: Pencils Protocol is a promising DeFi project with strong support and an active community. Participation in Launchpool is a chance to receive tokens for free, but investments require caution due to market risks.
