> For the complete documentation index, see [llms.txt](https://hive-power-ventures.gitbook.io/hive-power-ventures/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hive-power-ventures.gitbook.io/hive-power-ventures/tokenomics/pwr-overview.md).

# PWR Overview

During the first year and a half of activity, PWR operated as a "soft-pegged" token to HIVE. Since very recently (April '25) it was revamped into a growth token.

* Check the [announcement post](https://peakd.com/pwr/@empoderat/important-pwr-token-revamp) on the Hive blockchain. 
* Initial Emission Schedule model got changed; check out the details in the next section:

{% content-ref url="/pages/XSDWZMlERNyaGVfUEtHM" %}
[Hive Power Delegations](/hive-power-ventures/tokenomics/emission-schedule/hive-power-delegations.md)
{% endcontent-ref %}

{% hint style="warning" %}
Although PWR has a "backed value"; it's not a "redeemable" token. \
It simply fluctuates on the open market based on supply and demand mechanics.
{% endhint %}

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