DeFi Intel

peaq chain chain

Chain · PageRank 0.0015

Source: peaq.xyz

Overview

peaq is a layer-1 blockchain built on Substrate, designed for the Machine Economy and Decentralized Physical Infrastructure Networks (DePIN). It enables tokenization of real-world assets, machine identities, and device data. peaq uses a nominated proof-of-stake consensus mechanism.

Within the DeFi Intel graph, peaq chain connects to 2 tracked entities, most strongly to PEAQ, WeatherXM.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).

RelationConnected entityConfidence
deployed_onPEAQ90%
deployed_onWeatherXM50%

Frequently asked questions

What is peaq chain?

peaq is a blockchain platform that focuses on enabling DePIN and tokenized real-world assets, providing infrastructure for machines and devices to interact in a decentralized manner.

How does peaq differ from other DePIN projects?

peaq offers a dedicated layer-1 blockchain with built-in modules for machine identity, roles, and access control, aiming to reduce complexity for developers building DePIN applications.

What is the role of the native token on peaq?

The native token (PEAQ) is used for transaction fees, network security through staking, and governance decisions within the ecosystem.

What is peaq chain connected to?

In the DeFi Intel knowledge graph, peaq chain is linked to 2 other tracked entities, most strongly to PEAQ, WeatherXM.

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