Baby Power Index Pool Token (PIPT)

Baby Power Index Pool Token (PIPT) is a part of the PowerPool Protocol, a decentralized network designed for guaranteed automatic, gasless transaction execution and off-chain computations for Defi/Web3 apps and individuals. The protocol includes PowerAgent, a decentralized network of Keepers that automate transaction execution based on on-chain and off-chain conditions. PIPT is an index token that focuses on providing exposure to blue-chip tokens in the Defi market. It comprises eight tokens and is included in the CVP liquidity mining program, which requires staking PIPT-ETH Sushi LP tokens to receive rewards. The coin was proposed by the Delphi Digital team.

Baby Power Index Pool Token (PIPT) is a key component of the PowerPool Protocol, which aims to revolutionize the governance of decentralized finance projects. The protocol utilizes the concept of meta-governance, accumulating governance tokens and issuing assets that define how underlying assets will vote in upcoming decisions. The PowerPool team focuses on developing automated Defi products, such as smart token baskets and vaults, to provide users with efficient and secure investment options. PIPT is designed to expose investors to the top tokens in the Defi market and is included in the CVP liquidity mining program.

The PowerPool Protocol is constantly evolving and improving. The team is currently in the research and development phase, working on implementing ZK-powered off-chain computations and data input to enhance the execution logic. The PowerPool DAO is crucial in developing the PowerAgent smart-contract automated execution layer and facilitating network adoption. The DAO also governs the protocol and involves the community in decision-making processes. The native token of the PowerPool Protocol, CVP (Concentrated Voting Power), serves various functions within the protocol, including staking in PowerAgent v2 nodes, participating in governance, and protecting the network.