Build DVS on Pell Network
Omnichain Decentralized Validation Services Network Powered by Restaking
What is Pell Network
Pell Network has built an omnichain network driven by cryptoeconomics, leveraging the restaking mechanism of LST (Liquid Staking Tokens) to create a seamless decentralized validation services marketplace. This network provides innovative technical solutions for the billion-dollar restaking sector.
What is DVS(Decentralised Validation Services)
Decentralized Validated Services (DVSs) are decentralized infrastructure services that tap into cryptoeconomic security and reward Operators for providing it.
A Decentralized Validated Services (DVS) is any system that requires its own distributed validation semantics for verification. These services cover a wide range of applications, including middleware, services, chains, networks, and Proof-of-Stake (PoS) systems. DVSs leverage Pell’s restaking capabilities, where services are validated by Pell Network Operators, supported by delegated restaked assets through Pell’s core contracts.
Each DVS is governed by a set of smart contracts with specific slashing rules designed to penalize malicious actions by operators. By reusing BTC and its liquid staking derivatives (LSDs) to secure multiple services, stakers can reduce capital costs while significantly enhancing the trust guarantees for individual services.
Why Build DVS on Pell?
- Superior Cryptoeconomic Security
DVS on Pell leverages Bitcoin’s unparalleled decentralization and security, offering a robust safeguard for projects. Additionally, Bitcoin’s relatively low volatility compared to other assets contributes to greater stability. - Increased Security Through Omnichain Restaking at Lower Costs
Pell enables projects to utilize its validator network and restake capital across multiple blockchain networks, enhancing security without requiring additional capital from new users. This approach eliminates the need for projects to establish and maintain their own validator networks, reducing security costs while delivering essential cryptoeconomic security for decentralized applications (dApps) and Layer 2 solutions. - Access to a Large Pool of Validators
Pell offers projects access to an established network of experienced validators, removing the need for them to recruit or incentivize their own. This accelerates time-to-market and simplifies the onboarding process. - Building on Established Trust and Gain Credibility
Projects partnering with Pell benefit from the established trust of its validators within the Pell Network. This credibility enhances the reputation of early-stage projects, facilitating user adoption. - Streamlined Entry for Smaller Projects While Focusing on Core Development
For smaller or newer projects, building a validator network from scratch can be resource-intensive. Pell’s DVS mitigates this challenge by providing secure infrastructure, enabling projects to deploy dApps without significant upfront investments. By outsourcing security management to Pell, projects can concentrate their resources on core development and user experience, optimizing efficiency and growth. - Empowering Flexibility and Driving Innovation
Pell’s model allows projects to customize their security layers and experiment with different cryptoeconomic models, enabling them to scale security according to their risk profiles and operational needs. This flexibility accelerates innovation and development. - Reduced Fragmentation of Security
Individual validator sets can lead to fragmented cryptoeconomic security. With Pell’s DVS, multiple projects share a unified security layer, enhancing overall security efficiency and robustness.
Additional Technical Advantages of Pell Architecture
- Omnichain Architecture
Pell’s Decentralized Validation Services (DVS) facilitate seamless cross-chain service provision across various smart contract platforms. By supporting EVM-compatible chains, Solana, Sui, and Move-based blockchains, Pell maximizes yield potential and offers services to a diverse array of decentralized applications across multiple networks.
- Versatile Multi-Engine
Pell’s architecture is designed for versatility, supporting both EVM (Ethereum Virtual Machine) and WASM (WebAssembly) contract engines. This dual support enables the creation of a more robust and feature-rich programmable trust layer, providing developers with enhanced flexibility and options for their applications.
- Deep Integration with Cosmos SDK
Leveraging Cosmos SDK, Pell integrates seamlessly with the Inter-Blockchain Communication (IBC) protocol. This allows developers to build decentralized applications more easily while utilizing IBC to ensure secure cross-chain communication and asset transfers, enhancing the developer experience and making SDK-based development more accessible.
- Decentralized Profit Management
Pell ensures project owners maintain control over revenue streams through decentralized smart contracts. These contracts autonomously manage profits, ensuring transparency and security while removing centralized intermediaries from the process.
Unlocking Scalable, Secure, and Cost-Effective Multichain Solutions for Decentralized Projects with Pell’s DVS
In summary:
By choosing Pell’s DVS, decentralized projects position themselves at the forefront of blockchain innovation. They gain access to a scalable, cost-effective, and trusted security solution that not only protects their current operations but also provides the flexibility and power to drive future growth. This allows projects to channel their energy into what truly matters: building groundbreaking applications, expanding their ecosystem, and pushing the boundaries of what’s possible in the decentralized world.
How can you work with Pell
For all the developers who are interested in building DVS on Pell Network, you can follow the steps here:
- Read our guide first: https://docs.pell.network/dvs-developer-guides/introduction
- Submit your idea: https://tally.so/r/wzr51q
- Join in the discord and grab the “developer” role to stay in touch https://discord.com/invite/pell-network
- If your idea fits, our tech team will contact you through Discord and give you technical support
💙 Useful Link
Your support is greatly appreciated 💙
Learn more about Pell Network: https://pell.network/
Follow us on Twitter:https://x.com/Pell_Network
Join Pell Discord:https://discord.com/invite/pell-network
Doc:https://pell.gitbook.io/pell-network-docs
Audit: https://github.com/0xPellNetwork/restaking-contracts/tree/main/audits