Pencils Protocol Unveils Its New Token Ticker: Say Hello to $DAPP!
We are pleased to announce that the token ticker for Pencils Protocol has been updated. The new ticker, $DAPP (Decentralized Application Pencils Protocol), replaces the former $PDD, reflecting our continued growth and commitment to innovation.
Why the Change?
Only good reasons!
First, $DAPP is easier to remember. Everyone in Web3 has heard of dapps, or decentralized applications that are built on blockchains instead of a centralized set of servers. So, first of all, this is more memorable.
But second, and more importantly, $DAPP is a better description of what Pencils has always intended to do. As a leading DeFi platform and launchpad on the Scroll Ecosystem, Pencils is all about empowering more dapps. Now our ticker better reflects that mission.
What This Means for You:
- No Action Required: If you’re a holder of $PDD tokens, you don’t need to do anything. The change is purely in the ticker symbol.
- Same Great Protocol: Our commitment to providing innovative yield aggregation and asset auction services remains unchanged.
- Enhanced Brand Alignment: The $DAPP ticker better represents our role in the decentralized app space, especially within the Scroll ecosystem.
Looking Ahead:
This ticker is a reaffirmation of our mission to push the boundaries of what’s possible in the world of decentralized finance. With the $DAPP ticker, we’re signaling our dedication to building a robust, user-friendly platform that stands at the intersection of DeFi and cutting-edge blockchain technology.
Stay tuned for more exciting updates as we continue to evolve and grow. As always, we’re grateful for your support and trust in Pencils Protocol. 🙏
Together, we’re writing the future of DeFi, one block at a time.
The Pencils Protocol Team
