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Peanut Protocol

Peanut are a way to send crypto tokens or NFTs with a simple URL. With Peanut, users can generate links and QR codes to send crypto to their friends, even if their wallet address is not known or they do not have a crypto wallet yet. It’s as easy as Venmo or PayPal.

What is Peanut Protocol?

Peanut Protocol is a decentralized platform that enables peer-to-peer cryptocurrency transfers via URLs, eliminating the need for wallet addresses. It supports multiple blockchain networks, allowing users to send and receive crypto or fiat using links and QR codes.

How Does Peanut Protocol Work?

Peanut Protocol utilizes cryptographically secure smart contracts that hold deposited tokens from the sender. The recipient can unlock these tokens using a secret embedded within a shared URL or QR code. This process abstracts technical complexities, enabling seamless cross-chain and stablecoin-abstracted payments.

What Makes Peanut Protocol Unique?

Peanut Protocol introduces several key features: address abstraction (sending funds via links/QR codes without wallet addresses), chain-abstracted payments (cross-chain transactions), stablecoin-abstracted payments (flexible stablecoin conversions), and fiat/crypto abstracted payments (self-custodial off-ramp to bank accounts).

Who Are the Founders of Peanut Protocol?

Peanut Protocol was founded by Hugo Montenegro and Konrad Urban. Hugo Montenegro is a Harvard graduate, and together with Konrad Urban, they have developed a platform focused on simplifying crypto transactions and enhancing accessibility.

Latest News

What Key Events Have There Been for Peanut Protocol?

In October 2024, Peanut Protocol launched a beta of its self-custodial off-ramp feature, allowing users to cash out any token on over 20 EVM chains directly to their bank accounts without relying on centralized exchanges.

Project Announcements

Peanut Protocol continues to expand its support for various blockchain networks and is committed to simplifying the crypto experience for users. Recent developments include partnerships with projects like Blockscout, WalletConnect, and Clave Wallet to enhance user experience.

Upcoming Events

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Projects Announcements

Where to Buy NUX?

NUX tokens can be traded on exchanges such as Gate.io, LATOKEN, Uniswap V2, and PancakeSwap. The most popular trading pair is NUX/USDT.

NUX Price

Daily Trading Volume

Approximately $59,281.61 on Gate.io, accounting for 93.85% of the trading volume.

All-Time High

The all-time high price of NUX was $0.73 during the token sale.

All-Time Low

The all-time low price of NUX is not specified in the available information.

Market Cap and Valuation

Market Cap

The current market capitalization of NUX is not specified in the available information.

Fully Diluted Valuation

The fully diluted valuation is not specified in the available information.

NUX Price Prediction

There are currently no available forecasts from reliable experts or publications regarding the future price of NUX.

FAQ

What is the Purpose of Peanut Protocol?

How Can I Participate in Peanut Protocol's Ecosystem?

What Sets Peanut Protocol Apart from Competitors?

Is Peanut Protocol Secure?

What are the Risks Associated with Peanut Protocol?

Community Sentiment

25.71K Votes

50% 50%

Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.