High-performance network infrastructure for modern decentralized networks
Explore the tokenomics of Marlin(POND) and review the project details below.
What is the allocation for Marlin(POND)?
The Marlin economy uses two Ethereum-based tokens - POND and MegaPOND (MPond). While POND is initially transferable, MPond is not (with a few exceptions such as the token distribution contract and transfers to/from a bridge). The bridge allows conversion from 1,000,000 POND to a 1 MPond and vice versa while imposing certain restrictions (described later).
The total supply of POND is 10 billion. Thus, there can only exist up to 10,000 MPond.
What is the supply schedule for Marlin(POND)?
Due to the flexible nature of the bridge, the 4623 MPond as per the allocation shared earlier may be converted to POND (in the most accelerated case and only as one of many possible scenarios), released and reflect in the Circulating Supply according to the following approximate schedule:
As a result, 4.623 billion POND will be minted and locked on the bridge in the future to back these MPond if they were to convert to POND. MPond is initially non-transferrable but can be turned transferrable after a corresponding governance proposal is successfully passed.
High-performance network infrastructure for modern decentralized networks