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pTokens are digital assets that are transparently pegged to another underlying asset. pTokens serve as a Cross-Chain token wrapper that allows users to more easily transfer value between different blockchains. Users can deposit a certain amount of the underlying asset (such as BTC or EOS) and request the equivalent pTokens that are pegged to them 1:1, such as pBTC or pEOS. Token holders can then take advantage of the Ethereum network by more easily exchanging them into ERC-20 tokens.
| Metronome is developing a cross-chain cryptocurrency with an emphasis on self-governance. Enable user to transfer value across decentralized platforms. The Metronome network is currently powered by the Ethereum-based MET token.
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