Friends, hello! 👋 Today we will talk about POND — the native token of the Marlin Protocol, a Layer-0 infrastructure solution that makes DeFi and Web3 faster and more reliable. Here’s a brief overview:
1. What is Marlin and why is POND needed:
Marlin is a scalable and decentralized protocol that optimizes the network layer of blockchains. It provides ultra-low latency and fast data delivery — almost like Web 2.0!
POND is a utility token used for staking, voting, and payments within the network.
2. Key Features of POND:
Staking and network protection: users stake POND to run nodes (relayers/fishermen), ensuring network security and earning rewards.
Voting and governance: POND holders make decisions about the project's development by voting in a decentralized governance system.
Incentives for performance: nodes with high throughput receive tokens as rewards.
3. POND Tokenomics:
Maximum supply: up to 10,000,000,000 POND.
Circulating supply: part of the total supply is gradually released through staking rewards.
4. Why it’s worth paying attention to:
Web3 Infrastructure: Marlin facilitates the creation of scalable dApps and reduces latency for all blockchains.
Engagement of a decentralized community: at the core are staking, rewards, and voting.
Growth potential: with the spread of DeFi and Web3, the demand for such network solutions may increase.