What exactly is PellNetwork and what problem does it solve?
PellNetwork is the first omnichain BTC restaking network. It lets holders of Bitcoin-backed assets put that capital to work securing decentralized services — without giving up custody or moving to a separate chain just to earn yield.
Bitcoin has always been the most liquid, most trusted crypto asset. The problem is that liquidity sat idle. PellNetwork's protocol changes that by letting BTC holders opt into cryptoeconomic security agreements across more than a dozen chains at once. You can read more about the broader context on the main platform page.
Which blockchains does PellNetwork support right now?
The platform currently supports BNB Smart Chain, Bitlayer, MerlinChain, BounceBit, B² Network, Core, BEVM, Botanix, RunesChain, Tuna, Arch Network, BOB, AILayer, Bitfinity, Mantle, Arbitrum, ZKsync, and Babylon. That is eighteen networks at the time of writing.
New chains get added through governance and security review. The team behind PellNetwork runs compatibility checks before any integration goes live, so the list grows deliberately rather than overnight.
Is PellNetwork audited? How is user funds' security handled?
Security is treated as a first-class concern. Smart contracts go through independent third-party audits before deployment, and the PellNetwork platform maintains an active bug bounty program to catch anything auditors might miss.
The contracts are designed with layered access controls — patterns consistent with OpenZeppelin's security standards — and restaking positions do not require users to hand over private keys. Your Bitcoin-backed assets remain in non-custodial structures throughout. That said, no protocol is risk-free. Read the official documentation and terms of service before committing capital.
How does restaking actually differ from regular staking?
Regular staking locks a native token to validate a single network. Restaking takes assets that are already providing some form of security and re-deploys them to back additional services — without requiring a fresh capital commitment for each one.
In practice, this means the same BTC-denominated value can earn rewards from multiple Actively Validated Services simultaneously. Think of it as the difference between renting out one room and renting out an entire building floor-by-floor. The PellNetwork platform handles the coordination so you do not need to manage each position manually.
What reward tokens can I earn through PellNetwork?
Rewards vary by the services you opt into. When you join a campaign, you can accumulate multiple reward tokens from different protocols simultaneously. Some campaigns distribute the native tokens of the AVS you are securing; others distribute platform-level incentives.
The dashboard shows live reward accruals per position. Rates change as TVL and campaign parameters shift, so checking back regularly is worth it. More detail on the company's approach to reward design is on the company page.
What is the current TVL on PellNetwork, and why does it matter?
Total Value Locked recently surpassed $66 million across all supported chains, with over 510,000 cumulative stakers. TVL matters because it is a proxy for the security budget backing the services that rely on the protocol.
Higher TVL means more economic weight behind the validator sets that PellNetwork coordinates. For services building on top, a larger TVL lowers their cost of bootstrapping security from scratch.
Can I participate if I only hold LST or LSD tokens rather than native BTC?
Yes. PellNetwork accepts a range of Bitcoin liquid staking tokens and liquid staking derivatives. If you hold a BTC-backed LST from a compatible protocol, you can restake it directly without unwrapping or bridging to another format first.
The Gateway feature specifically handles cross-chain entry points, so the mechanics stay consistent regardless of which supported chain your assets currently live on.
What is the Megapool and how is it different from standard restaking?
The Megapool is a pooled restaking vehicle that aggregates multiple participants' capital into a single managed position. Instead of each user running their own operator selection and delegation logic, the pool handles that collectively.
This is useful if your position is smaller or if you prefer a more passive approach. You give up some granular control in exchange for lower operational overhead. Standard restaking through the protocol's main interface gives you direct per-service delegation choices if you want finer-grained management.
How do I get started — what are the actual steps?
First, connect a compatible wallet on the PellNetwork dashboard. Second, review the available services and campaigns to understand what you will be backing. Third, deposit your Bitcoin-backed assets and confirm the delegation.
That covers the basics. Campaign enrollment is a separate optional step that layers additional reward streams on top of your base restaking position. The onboarding flow on-screen walks through each step with prompts, so you do not need to memorise a process order before starting.
Does PellNetwork have a token, and what is the Airdrop about?
The protocol has a native token, and the team behind PellNetwork has run airdrop campaigns to distribute a portion of that supply to early participants and stakers. Eligibility criteria vary by campaign — typically based on time-weighted restaking positions and campaign participation scores.
The Claim page on the main app is where eligible addresses go to collect airdrop allocations. Checking that page periodically is the most reliable way to stay current, since new distribution events are announced through the official Twitter and Telegram channels.
What slashing risks exist when using PellNetwork?
Slashing is a real risk in restaking. If an operator that holds a delegated position behaves dishonestly or goes offline during a critical window, the protocol may penalise part of the stake backing that operator.
PellNetwork publishes operator performance data so you can make informed delegation choices. The platform does not automatically re-delegate away from underperforming operators — that decision stays with the user. Spreading deposits across multiple operators reduces concentration risk, which is straightforward to do through the dashboard interface.
Why should I use PellNetwork instead of staking BTC somewhere else?
Most BTC staking options today offer a single-chain yield stream. PellNetwork's protocol does something materially different: it coordinates security across eighteen networks simultaneously, which means the yield potential scales with the breadth of adoption rather than being capped by a single protocol's budget.
You also keep optionality. Withdrawing or reallocating is done through the same interface you used to deposit. There is no lengthy lockup period baked into the base protocol, although individual services may impose their own terms — worth reading before committing.
How does PellNetwork relate to the Babylon protocol listed among supported chains?
Babylon is a Bitcoin staking protocol that enables BTC holders to participate in proof-of-stake security directly from the Bitcoin layer. PellNetwork integrates Babylon as one of its supported chains, which means assets staked through Babylon can also flow into the PellNetwork restaking framework.
This layering is part of how the omnichain vision works in practice. Each integrated chain brings its own security model and user base, and PellNetwork acts as the coordination layer on top.
Where can I find official documentation and community support?
The official docs are hosted at docs.pell.network and cover technical integration guides, operator setup, and protocol architecture. The bug bounty program details are also there if you are a security researcher.
Community channels include Twitter, Telegram (both a news channel and a chat group), Discord, and Medium. The footer links on this site point directly to each. For a deeper look at who is building the protocol, visit the company page.
Can institutions or large holders use PellNetwork at scale?
Nothing in the protocol restricts position size. Larger holders benefit from the same omnichain reward diversification as smaller ones, but they also take on proportionally more operator-selection responsibility given the scale of capital at stake.
The team behind PellNetwork has published information about institutional on-boarding paths. If you are managing significant BTC exposure and want a direct conversation rather than self-service setup, the official Discord and the business contact channels in the docs are the right starting points. The platform homepage has the latest metrics and entry points.