Propel

PROPEL TOKEN

What is Propel?

The Blockchain space is rapidly expanding. DeFi, Metaverse, and NFTs have become a hot topic of discussion in various sectors in recent years. These discussions have elicited many reactions, from whispers of a not-too-distant starry-eyed future to outright rejections accusing them of being part of unhealthy hype and faddism.

Building a high-quality Blockchain project requires engineering hours, infrastructure costs, and quality assurance. This might be daunting for project maintainers at times. There’s currently no easy way to the adoption of DeFi and Metaverse. Anyone building must begin from the ground up, and there are fewer references and sources to consult to create a world-class development. Ideas abound in the space, but putting them into action necessitates a significant amount of engineering expertise.

Propel has invested heavily in developing and auditing independent products in three key areas of Blockchain technology to address the drawbacks mentioned above: Metaverse, Decentralised Finance (DeFi), and Launchpool.

Propel recognized the necessity for a versatile toolset in the industry and hence became the first-ever MaaS (Metaverse as a Service), DaaS (DeFi as a Service), and SaaS (Staking as a Service) infrastructure provider.

Propel delivers a one-stop tech stack for developers and companies to build on prominent blockchains such as Polkadot, Ethereum, Binance Smart Chain (BSC), Polygon, and xDAI. Propel aims to decrease the repetitive work for Blockchain projects and simplify the creation of Metaverse and DeFi projects.

Interestingly, handling Propel’s tech stack requires no coding or even the coupling of smart contracts or conducting contract audits. The whole toolkit has been readily made for use by developers and startups.

Within the toolkit, Propel provides three core parts:

Metaverse (Metaverse a Service):

The Blockchain plugins required to establish a Metaverse environment are included in MaaS. Propel’s MaaS portfolio contains four sections:

GameFi: Includes infrastructure services related to Gaming & DeFi.

NFT utilities: Includes an entirely new notion of NFT infrastructure services such as Renting NFT (re-NFT), Staking NFT (s-NFT), and Fractional NFT (f-NFT).

Core Metaverse: Includes complete, configurable, and secure ERC standard solutions.

Smart Verse Contracts: Includes smart contracts interconnected by the logic of creation and function.

DeFi Infrastructure (DeFi as a Service):

Propel’s DaaS portfolio includes DeFi solutions that work across multiple Blockchains and are suitable for both new and existing projects. In real-time, we provide services like Investor Dashboard, MultiSig Wallet, Cross-chain Bridges, Staking & LP Staking, Anti- Dumpster, and more.

Propel also offers a one-stop-shop for all smart contract needs, including vesting smart contracts, staking smart contracts, yield Farming contracts for LP tokens, and much more. All of our smart contracts have been multi-audited by experts in the field.

Propel Pool (Staking as a Service):

In addition to Metaverse and DeFi, Propel pool offers a Staking platform that rewards users for staking single assets, LP tokens, and traditional tokens. Users can earn passive income and projects can increase demand for their tokens by joining the Propel pool.

Hence, Propel offers readily integrable modules for most of the widely implemented DeFi and Metaverse-related features. However, its offerings aren’t limited to the ones mentioned above. As a customer-centric platform, Propel also develops tailormade products and features to suit the needs of individual clients.