1. What Is Peaq Network? How to Buy PEAQ Token Peaq Network is a Layer 1 blockchain designed to bridge digital and physical infrastructures. Launched in 2024, Peaq supports Decentralized Physical Infrastructure Networks (DePINs) with fast, secure transactions, handling over 10,000 transactions per second (TPS). The network’s scalability roadmap promises to exceed 100,000 TPS in the future. This guide explores Peaq Network, how it works, its unique features, and the role of the PEAQ token. Additionally, we’ll walk you through how to buy PEAQ tokens or bridge assets to Peaq Network seamlessly using RocketX Exchange.

2. What Is Peaq Network? Layer 1 Blockchain Peaq Network is a high-performance Layer 1 blockchain optimized for DePINs and Machine Real World Assets (RWAs). It aims to facilitate secure and scalable transactions for interconnected devices, autonomous systems, and decentralized applications (dApps). Real-World Infrastructure Unlike traditional blockchains, Peaq Network extends its capabilities to real-world infrastructures, including mobility networks, energy systems, and IoT devices. It also features interoperability with over 90 blockchains via LayerZero connections.

4. Key Features of the Peaq Network High Scalability Peaq can handle 10,000 TPS at launch, with a clear path to scale beyond 100,000 TPS through upgrades. Transaction costs are minimal—approximately $0.00025. EVM and WASM Compatibility Peaq supports both EVM (Solidity) and WASM (Rust) smart contracts, offering developers flexibility in deploying dApps. Its Ethereum compatibility ensures seamless migration for existing dApps. Cross-Chain Interoperability Peaq’s bridges enable seamless cross-chain transactions with over 30 blockchains, including Ethereum, Cosmos, Solana, and Binance, expanding liquidity and simplifying asset transfers.

5. How Peaq Network Works Staking and Governance Peaq operates on a staking-based consensus model. Validators stake PEAQ tokens to secure the blockchain and earn rewards, participating in governance by voting on key decisions. Modular DePIN Functions Peaq’s pre-built Modular DePIN Functions make it easy for developers to build Decentralized Physical Infrastructure Networks, handling complex tasks like secure Machine IDs and payment processing. Cross-Chain Bridges Peaq’s cross-chain bridges enable smooth and secure asset transfers between Peaq and other major blockchains, enhancing liquidity and allowing users to access diverse ecosystems.

6. PEAQ Token: The Core of the Peaq Network Tokenomics Total Supply: 4.24 billion PEAQ. Circulating Supply: 695.89 million PEAQ. Market Cap: Approximately $112.43 million. Price: $0.1615 per token. Transaction Fees PEAQ tokens are used to pay transaction fees on the network, ensuring smooth and cost-effective operations for all users. Staking and Governance Validators stake PEAQ tokens to secure the network and earn rewards. Token holders can also vote on protocol upgrades and key decisions.

7. Inflation Model for Sustainable Growth • Validators • 40% of newly minted tokens are allocated to validators and delegators. • Security • 10% of newly minted tokens are allocated to the security treasury. • General • 25% of newly minted tokens are allocated to the general treasury. • DePIN • 20% of newly minted tokens are allocated to the DePIN treasury. • Peaq employs a disinflationary model to manage its token supply effectively. The inflation rate starts at 3.5% and decreases by 10% annually until it stabilizes at 1%. This model balances the need to incentivize early adopters while ensuring long-term sustainability.

8. How to Buy PEAQ Tokens or Bridge to Peaq Network Using RocketX • Buying PEAQ tokens or bridging assets to the Peaq Network is simple and efficient with RocketX Exchange. Follow this step-by-step guide to get started: • Step 1: Visit RocketX ExchangeHead to the official website to begin the process. • Step 2: Connect Your WalletClick “Connect Wallet” on RocketX Exchange and choose a wallet based on your network. For EVM-compatible networks, use MetaMask, Trust Wallet, or OKX Wallet. For Cosmos, try Keplr; for Solana, use Phantom. Ensure your wallet is funded and connected properly. • Step 3: Select NetworksIn the “From” section, choose the blockchain and token you want to swap, such as ETH, BNB, or USDT.In the “To” section, select the PEAQ token on Peaq Network as your destination. • Step 4: Enter Swap AmountSpecify the amount of PEAQ tokens you want to purchase or the crypto amount you wish to bridge. RocketX will automatically find the best exchange rates for your swap.

10. Future Potential of PEAQ Token Extensive Use Cases The PEAQ token has significant growth potential due to its extensive use cases. Ecosystem Expansion The rapid expansion of the Peaq ecosystem will drive demand for PEAQ. Strategic Partnerships Strategic partnerships with industry leaders like Bosch, Mastercard, and Airbus further bolster its growth prospects. With over 50 DePINs live and a projected TVL of over $3 billion, demand for PEAQ is expected to rise. However, potential investors should consider market volatility and competition from other Layer 1 and Layer 2 networks. Conducting thorough research is essential before investing in PEAQ tokens.