pTokens Description
pTokens allow you to teleport any token to another blockchain without any frictions. Unchained liquidity! Each pToken is transparently tied to its token. It is a trustless, 2-way peg. pTokens make it possible to build tools without any barriers. Cross-chain compatibility is made possible through pTokens. They were created for DeFi. Everything is transparent because it is decentralized. The pTokens DApp allows anyone to peg-in/peg out. A network of secure Sandboxes verifies the amount underlying asset locked, and these together trigger (via Multi-Party Computation). The user can then play with newly minted pTokens. All pTokens come with full backing and can be redeemed at anytime.