Quick grasp
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Privacy (PRV) is the native coin of Incognito.
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Total supply: 100M Privacy (PRV).
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PRV is mined through block rewards. Block rewards are reduced by 9% for every subsequent year. PRV will be fully mined after 40 years.
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To earn block rewards, you need to become a network validator (run a Node). Read more >
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Network Explorer: https://explorer.incognito.org/
The basics
Here’s a collection of everything you need to know about PRV
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The economic model of PRV - The total supply of PRV is 100 Million, which will be released over a total of 40 years. You can find a detailed explanation of the token model at the link.
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DEX, the native exchange for PRV - PRV powers the Incognito network, and its home is our permissionless, privacy-focused DEX. Learn about the DEX and how to use it here.
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Third-party exchanges - For the time being, beside Incognito native exchange, PRV can also be traded on third-party exchange, PancakeSwap.
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Network Explorer/Data Hub - For all the data you could dream of, you’ll want to bookmark explorer.incognito.org built by the core-team, or incscan.io built by community builders. They’re complete with price and candlestick charts, trades and trading volume monitors, a network explorer, and more.
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The monthly PRV report - The Incognito core team provides a monthly update letter highlighting changes in key Growth metrics (like trading volume, shielding volume, liquidity, and more) over the past month.
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Where to get PRV - A quick tutorial on how to get PRV for yourself.
Utilities of PRV
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Network fee: Use PRV to pay network fees for trades and transactions within Incognito network you initiate.
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Investment: Stake PRV with our Provide feature.
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Power the network: Stake PRV to earn block rewards by becoming a validator.
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Trade: Swap PRV for other cryptocurrencies on Incognito native exchange and Pancake Swap.
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Liquidity earnings: Add PRV pool for your favorite tokens and earn liquidity mining rewards.
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Governance purpose (in the future).
What’s next? Take your action
1. Get the app
2. Shield your tokens to Incognito network. Link >
3. Get free PRV by faucet. Link >
4. Get even more and invest in PRV. Link >
Happy earning!