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STAKE TOKEN
Penumbra
Penumbra is a privacy-focused blockchain offering shielded transactions and private DeFi functionalities within the Cosmos ecosystem.
APR --
Chart Data is not available at the moment
Total Stake
NA
Market Cap
NA
Token Price
0.00 USD
April 16, 2025
This article is an introduction to the Base network on Ethereum.
Network Introduction
Penumbra is a privacy-focused blockchain network that enables private transactions within the Cosmos ecosystem. It aims to provide users with complete financial privacy while maintaining interoperability with other blockchains.
Penumbra uses advanced cryptographic techniques, including zk-SNARKs, to ensure that all transactions are fully shielded, protecting users' financial data while still allowing them to interact with other networks.
PEN is the native token of the Penumbra Network, used for governance, staking, and securing the network through validator delegation.
You can stake PEN tokens directly via Simply Staking by clicking the "Stake" button above. This allows you to delegate your tokens to a validator, contributing to network security while earning rewards.
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