Project Name: Pell Network
Submission Date: 2025-03-26
Team: Pell Network has a globally distributed team with core team members based in Singapore. Makoto Uramura - Co-founder - 6 years in crypto focusing on business and partnership development, Co-founder of zearn.xyz and hope.money, BBA, MBA from National University of Singapore Tyler Wu - Co-founder - Head of Huobi Global, CEO of BlueHelix (TVL $6B), MBA from University of Illinois Chicago Matteo Pelati - Co-founder - 20+ years in data engineering,Founder of LangDB (backed by Sequoia and Google Ventures), Global Head of data engineering at Goldman Sachs and DBS Bank
Sector: BTC Restaking, DeFAI
Project Stage: Pre-Seed Round
Links to Deck / Video / Images: DocSend
Links to socials: Twitter: https://x.com/Pell_Network
Description: Pell is the First & Omnichain BTC Restaking Network, extending BTCFi into the cryptoeconomic security domain and fully unlocking Bitcoin’s potential.
Mission: Pell aims to become the largest shared liquidity and cryptoeconomic security platform of BTCFi and across all blockchain ecosystems.
Product: Pell Network’s products bring a unique blend of BTC restaking, omnichain validation, and community-driven governance to Rootstock. By unlocking Bitcoin’s potential for DeFi, enhancing security for dApps, and fostering synergies with projects like Sovryn, MOC, and BabelFish, we’re not only adding value but also helping Rootstock solidify its position as the premier Bitcoin Layer 2 for decentralized finance. Together, we’re driving the future of BTCFi and making Bitcoin work harder for everyone.
Traction:
Stakers: Over 500,000 (as of March 2025).
TVL: $360M (as of March 2025).
Twitter Followers: 402,000+.
Discord Members: 228,000+.
Roadmap: Q1: Foundation – $PELL token launch, IDO, Megapool kick-off Q2: Expansion – Diversified restaking, mainnet upgrade, DeFAI infra& shared security pool Q3: Moonshot Upgrade – Moonshot mainnet upgrade in Q3, transitioning from a “shared security protocol network” to a “Shared Security + DeFAI infrastructure platform.
Conclusion: Pell Network is poised to redefine BTCFi by leveraging Bitcoin’s security and liquidity, driving innovation on Rootstock, and building a robust, omnichain DeFAI ecosystem.
