Pastel Network
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Introduction
Pastel Overview
Pastel Token (PSL)
PSL Token Economics
Pastel Consensus Protocol
Key Features
Basics
Smart Ticket Structure
Fees and Burn
SuperNodes
Governance
Accounts
Development Guide
Types of Pastel installations
Requirements
QuickStart: Running a Node
WalletNode
SuperNode
PastelD
Pastel-CLI
Understanding Smart Tickets
Testing
Tutorials
Sense Protocol
Sense Overview
Sense Basics
Building with Sense API
Cascade Protocol
Cascade Overview
Cascade Basics
Building with Cascade API
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Pastel Token (PSL)
The PSL token (“PSL”) serves as the native, digital cryptographically-secured utility token of the Pastel Network. By running on a specialized, purpose-built blockchain, PSL is the foundation for accessibility. Inherently, PSL empowers the permissionless, borderless economy for NFTs and Web3.

PSL Use-Cases

Network Operations: Generate a PastelID, Mint NFTs, Submit Tickets, and Perform Open-API Requests
Stake: Operate a SuperNode and stake collateral in exchange for providing computational resources, validation, and security services
Governance: Stakeholders are able to initiate and vote on various proposals

Deflationary Mechanism

Upon core network operations, a percentage of each tx-fee is distributed to a cryptophically unspendable address, resulting in a reduction of the overall supply of PSL ("Proof of Burn").
Key network operations resulting in Proof of Burn:
  • PastelID Creation
  • NFT Registration
  • NFT Activation
  • NFT Trade
  • Open-API Sense Request
  • Open-API Cascade Request
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PSL Token Economics
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PSL Use-Cases
Deflationary Mechanism