Crypto
Solana Adds Peaq's Economics 2.0 Model with 3.3M Machines Bonding Tokens
Peaq's Economics 2.0 model has been launched on Solana, allowing machines to bond PEAQ tokens as collateral for network activations. This new model ties token demand to real-world device activity rather than trader sentiment.
With the listing of PEAQ on Solana via Wormhole Labs' Sunrise gateway, about 3.3 million machines are set to bond tokens under the Economics 2.0 model. Machine operators will lock up PEAQ tokens as collateral for activations priced in USD but settled in the native token.
When a machine exits the network, half of its bonded tokens are burned outright. This adds a second layer of supply pressure on the token.