What Are pTokens and Why they are so Important

As the decentralized economy expands, developers seek new and exciting ways to unlock liquidity in the blockchain sector. Among these new concepts, the pToken strategy has proven itself as a prominent technology to consider. pTokens are a type of Ethereum token that represents a 1:1 peg with another blockchain asset. Importantly, the "p" in pTokens stands for provable, portable, and pegged. pTokens are pegged at a 1:1 basis to their underlying digital asset. This enables user access to cross-chain markets…