# Foundation **URL:** https://forum.pokt.network/c/announcements/foundation/107.md [Latest](https://forum.pokt.network/latest.md) · [Categories](https://forum.pokt.network/categories.md) · [Tags](https://forum.pokt.network/tags.md) --- ## [About the Foundation category](https://forum.pokt.network/t/about-the-foundation-category/3848)
**Author:** [@POKT](https://forum.pokt.network/u/POKT)\ **Replies:** 0\ **Last updated:** [January 24, 2023, 11:53pm UTC](https://forum.pokt.network/t/about-the-foundation-category/3848 "2023-01-24T23:53:29Z")
Announcements of Foundational activities and updates performed. --- ## [State of POKT (Letter To Stakeholders)](https://forum.pokt.network/t/state-of-pokt-letter-to-stakeholders/5337)
**Author:** [@shane](https://forum.pokt.network/u/shane)\ **Replies:** 11\ **Last updated:** [February 8, 2026, 12:18pm UTC](https://forum.pokt.network/t/state-of-pokt-letter-to-stakeholders/5337 "2026-02-08T12:18:14Z")
Hey everyone, Since this all began two weeks ago with Grove desiring to reconstruct PNF, I’ve been the one closest to all involved parties. I doubt anyone in POKT has more information, from both sides, than myself. Due … --- ## [Long Term Staking Incentive Plan](https://forum.pokt.network/t/long-term-staking-incentive-plan/5387)
**Author:** [@o\_rourke](https://forum.pokt.network/u/o_rourke)\ **Replies:** 4\ **Last updated:** [March 13, 2025, 9:44pm UTC](https://forum.pokt.network/t/long-term-staking-incentive-plan/5387 "2025-03-13T21:44:14Z")
1. Introduction POKT Network is implementing an incentive plan to reward node operators for: Staking POKT Tokens Long-Term Supporting Emerging Chains Compounding Their Rewards This plan is to increase incentives for r… --- ## [PNF Update February 2025](https://forum.pokt.network/t/pnf-update-february-2025/5457)
**Author:** [@o\_rourke](https://forum.pokt.network/u/o_rourke)\ **Replies:** 0\ **Last updated:** [February 5, 2025, 4:40pm UTC](https://forum.pokt.network/t/pnf-update-february-2025/5457 "2025-02-05T16:40:03Z")
Hey everyone, It’s been a chaotic week in global markets, which we’ve seen reflected in POKT’s value, but the Foundation continues to press forward on our march to Shannon. This week, we are onboarding the six teams whi… --- ## [PNF Update on Market Activities](https://forum.pokt.network/t/pnf-update-on-market-activities/5411)
**Author:** [@o\_rourke](https://forum.pokt.network/u/o_rourke)\ **Replies:** 1\ **Last updated:** [November 28, 2024, 9:02pm UTC](https://forum.pokt.network/t/pnf-update-on-market-activities/5411 "2024-11-28T21:02:48Z")
Hey everyone, We want to provide transparency and context around the POKT Foundation’s approach to funding its operations. As many of you know, the Foundation relies on POKT rewards as its primary source of income to co… --- ## [Resignation notice from Shane Burgett as a director of PNF](https://forum.pokt.network/t/resignation-notice-from-shane-burgett-as-a-director-of-pnf/5372)
**Author:** [@shane](https://forum.pokt.network/u/shane)\ **Replies:** 4\ **Last updated:** [November 5, 2024, 12:37pm UTC](https://forum.pokt.network/t/resignation-notice-from-shane-burgett-as-a-director-of-pnf/5372 "2024-11-05T12:37:44Z")
I have made the decision to resign as a director of PNF. The new PNF is far more closed, selective, and political than what I feel comfortable being aligned with. I joined PNF prior to all of this and was hired based on … --- ## [Adjusting RelaysToTokenMultiplierMap](https://forum.pokt.network/t/adjusting-relaystotokenmultipliermap/5386)
**Author:** [@o\_rourke](https://forum.pokt.network/u/o_rourke)\ **Replies:** 0\ **Last updated:** [October 1, 2024, 3:37am UTC](https://forum.pokt.network/t/adjusting-relaystotokenmultipliermap/5386 "2024-10-01T03:37:33Z")
We have not yet adjusted RelaysToTokenMultiplierMap. We encountered some issues on submitting the tx on testnet, and will be debugging to ensure we see no disruptions on the Pocket blockchain. We currently will be adjus… --- ## [Governance Transaction Notice – 09/30/24](https://forum.pokt.network/t/governance-transaction-notice-09-30-24/5385)
**Author:** [@o\_rourke](https://forum.pokt.network/u/o_rourke)\ **Replies:** 0\ **Last updated:** [October 1, 2024, 3:30am UTC](https://forum.pokt.network/t/governance-transaction-notice-09-30-24/5385 "2024-10-01T03:30:22Z")
The following transactions were executed this week on behalf of the DAO. We will be monitoring and adjusting as needed to ensure no disruption in rewards. RelaysToTokenMultiplier RTTM has been adjusted to 2595. RTTM has… --- ## [Into the Gateway-verse: Bootstrapping a Multi-Gateway Ecosystem](https://forum.pokt.network/t/into-the-gateway-verse-bootstrapping-a-multi-gateway-ecosystem/4532)
**Author:** [@JackALaing](https://forum.pokt.network/u/JackALaing)\ **Replies:** 34\ **Last updated:** [September 26, 2024, 1:26am UTC](https://forum.pokt.network/t/into-the-gateway-verse-bootstrapping-a-multi-gateway-ecosystem/4532 "2024-09-26T01:26:10Z")
As PNF identified in our strategic thesis for the ecosystem, decentralizing Pocket’s demand is critical because it In other words, becoming a gateway-verse (an ecosystem comprised of multiple gateways) will drive the s… --- ## [I will not be assuming the PNF director role](https://forum.pokt.network/t/i-will-not-be-assuming-the-pnf-director-role/5377)
**Author:** [@steve](https://forum.pokt.network/u/steve)\ **Replies:** 10\ **Last updated:** [September 12, 2024, 5:27pm UTC](https://forum.pokt.network/t/i-will-not-be-assuming-the-pnf-director-role/5377 "2024-09-12T17:27:08Z")
I have yet to be legally appointed as a PNF director and have decided not to assume the role formally. In this post, I’ll explain why and try to answer any questions you might have. Why are you not assuming the directo… --- ## [Governance Transaction Notice – 13th August 2024](https://forum.pokt.network/t/governance-transaction-notice-13th-august-2024/5363)
**Author:** [@shane](https://forum.pokt.network/u/shane)\ **Replies:** 0\ **Last updated:** [August 13, 2024, 7:46pm UTC](https://forum.pokt.network/t/governance-transaction-notice-13th-august-2024/5363 "2024-08-13T19:46:56Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 78,368 POKT of gateway fees was burned (tx ) corresponding with last week’s gateway fees. See the distribution of per-gateway rel… --- ## [Governance Transaction Notice – 5th August 2024](https://forum.pokt.network/t/governance-transaction-notice-5th-august-2024/5356)
**Author:** [@shane](https://forum.pokt.network/u/shane)\ **Replies:** 0\ **Last updated:** [August 6, 2024, 12:00am UTC](https://forum.pokt.network/t/governance-transaction-notice-5th-august-2024/5356 "2024-08-06T00:00:50Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 211,842.07 POKT of gateway fees was burned (tx) corresponding with last two week’s gateway fees. See the distribution of per-gate… --- ## [MaxChains Announcement / GANDALF Distribution Guide](https://forum.pokt.network/t/maxchains-announcement-gandalf-distribution-guide/5355)
**Author:** [@shane](https://forum.pokt.network/u/shane)\ **Replies:** 0\ **Last updated:** [August 3, 2024, 8:07pm UTC](https://forum.pokt.network/t/maxchains-announcement-gandalf-distribution-guide/5355 "2024-08-03T20:07:58Z")
PNF is excited to announce August 19th as the date for the first phase of PUP - 34: GANDALF 2.0 🧙‍♂️ ("Let’s Go Shannon" Proposal 1). MaxChains will be changed from 15 to 8 on Monday, August 19th, at 12pm EST. To assis… --- ## [PNF Q2 2024 Transparency Report](https://forum.pokt.network/t/pnf-q2-2024-transparency-report/5353)
**Author:** [@b3n](https://forum.pokt.network/u/b3n)\ **Replies:** 0\ **Last updated:** [August 2, 2024, 6:30am UTC](https://forum.pokt.network/t/pnf-q2-2024-transparency-report/5353 "2024-08-02T06:30:03Z")
Hi everyone, Attached here is the transparency report for Q2 2024 PNF’s financial accounts for the Q2 can be viewed here Thanks for all your support along the way. All the best, Ben, Dermot, Jack & Shane --- ## [Governance Transaction Notice – 25th July 2024](https://forum.pokt.network/t/governance-transaction-notice-25th-july-2024/5351)
**Author:** [@shane](https://forum.pokt.network/u/shane)\ **Replies:** 0\ **Last updated:** [July 26, 2024, 5:36pm UTC](https://forum.pokt.network/t/governance-transaction-notice-25th-july-2024/5351 "2024-07-26T17:36:13Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 71,356.48 POKT of gateway fees was burned (tx) corresponding with last week’s gateway fees. See the distribution of per-gateway r… --- ## [(UPDATE) Multichain POKT is moving forward 🚆](https://forum.pokt.network/t/update-multichain-pokt-is-moving-forward/5349)
**Author:** [@shane](https://forum.pokt.network/u/shane)\ **Replies:** 1\ **Last updated:** [July 26, 2024, 12:26pm UTC](https://forum.pokt.network/t/update-multichain-pokt-is-moving-forward/5349 "2024-07-26T12:26:52Z")
Last month Multichain POKT was announced, and the launch is imminent! Originally this initiative was being developed entirely in-house at PNF with @vojtech leading the development. Since then PNF has gone through a numb… --- ## [Governance Transaction Notice – 17th July 2024](https://forum.pokt.network/t/governance-transaction-notice-17th-july-2024/5336)
**Author:** [@b3n](https://forum.pokt.network/u/b3n)\ **Replies:** 0\ **Last updated:** [July 17, 2024, 1:02am UTC](https://forum.pokt.network/t/governance-transaction-notice-17th-july-2024/5336 "2024-07-17T01:02:55Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 65,369.562133 POKT of gateway fees was burned (tx) corresponding with last week’s gateway fees. See the distribution of per-gatew… --- ## [Pausing Grant Programs](https://forum.pokt.network/t/pausing-grant-programs/5335)
**Author:** [@shane](https://forum.pokt.network/u/shane)\ **Replies:** 0\ **Last updated:** [July 17, 2024, 12:02am UTC](https://forum.pokt.network/t/pausing-grant-programs/5335 "2024-07-17T00:02:10Z")
Hey grantees, As you know there is current uncertainty around the ongoing stewardship of the Foundation. As the foundation itself has been acting as steward of the DAO’s Era program, it feels like the responsible thing… --- ## [Governance Transactions Notice - 11 July 2024](https://forum.pokt.network/t/governance-transactions-notice-11-july-2024/5325)
**Author:** [@Dermot](https://forum.pokt.network/u/Dermot)\ **Replies:** 0\ **Last updated:** [July 11, 2024, 8:48am UTC](https://forum.pokt.network/t/governance-transactions-notice-11-july-2024/5325 "2024-07-11T08:48:40Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 52,823 POKT of gateway fees was burned (tx) corresponding with last week’s gateway fees. See the distribution of per-gateway rela… --- ## [Moderation Policy](https://forum.pokt.network/t/moderation-policy/5320)
**Author:** [@shane](https://forum.pokt.network/u/shane)\ **Replies:** 4\ **Last updated:** [July 10, 2024, 2:20pm UTC](https://forum.pokt.network/t/moderation-policy/5320 "2024-07-10T14:20:31Z")
Due to the sensitivity of Michael’s proposal, and to ensure all stakeholders have equal access to participation, I’ve temporarily relieved all forum mods of their duties to ensure all civil voices are heard. I am now th… --- ## [Resignation notice from Ben Perez and Dermot O’Riordan as directors of PNF](https://forum.pokt.network/t/resignation-notice-from-ben-perez-and-dermot-o-riordan-as-directors-of-pnf/5288)
**Author:** [@b3n](https://forum.pokt.network/u/b3n)\ **Replies:** 5\ **Last updated:** [July 9, 2024, 2:22am UTC](https://forum.pokt.network/t/resignation-notice-from-ben-perez-and-dermot-o-riordan-as-directors-of-pnf/5288 "2024-07-09T02:22:21Z")
After a hell of a journey over the last twenty months of planning, onboarding, and leading the foundation, we, Ben Perez and Dermot O’Riordan, made the difficult decision to resign as directors earlier today. Separately,… --- ## [Market maker transparency update](https://forum.pokt.network/t/market-maker-transparency-update/5310)
**Author:** [@Dermot](https://forum.pokt.network/u/Dermot)\ **Replies:** 0\ **Last updated:** [July 6, 2024, 1:28pm UTC](https://forum.pokt.network/t/market-maker-transparency-update/5310 "2024-07-06T13:28:37Z")
The below is a verbatim update from our market maker from earlier this morning: We are reaching out to update you on the recent market conditions and our response. Over the past two weeks, we have observed significant s… --- ## [Governance Transaction Notice - 3 July 2024](https://forum.pokt.network/t/governance-transaction-notice-3-july-2024/5290)
**Author:** [@Dermot](https://forum.pokt.network/u/Dermot)\ **Replies:** 0\ **Last updated:** [July 3, 2024, 10:05am UTC](https://forum.pokt.network/t/governance-transaction-notice-3-july-2024/5290 "2024-07-03T10:05:07Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 48,538.79 POKT of gateway fees was burned (tx) corresponding with last week’s gateway fees. See the distribution of per-gateway r… --- ## [Governance Transaction Notice – 25th June 2024](https://forum.pokt.network/t/governance-transaction-notice-25th-june-2024/5283)
**Author:** [@JackALaing](https://forum.pokt.network/u/JackALaing)\ **Replies:** 0\ **Last updated:** [June 26, 2024, 12:13am UTC](https://forum.pokt.network/t/governance-transaction-notice-25th-june-2024/5283 "2024-06-26T00:13:49Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 46,385.906262 POKT of gateway fees was burned (tx) corresponding with last week’s gateway fees. See the distribution of per-gatew… --- ## [Multichain POKT](https://forum.pokt.network/t/multichain-pokt/5277)
**Author:** [@Dermot](https://forum.pokt.network/u/Dermot)\ **Replies:** 0\ **Last updated:** [June 24, 2024, 2:24pm UTC](https://forum.pokt.network/t/multichain-pokt/5277 "2024-06-24T14:24:03Z")
POKT Network connects the open internet. Today, our critical infra provides access to 70+ blockchains and rollups. Tomorrow, this will expand to include every blockchain/rollup with material demand, along with support… --- ## [Governance Transaction Notice – June 20th 2024](https://forum.pokt.network/t/governance-transaction-notice-june-20th-2024/5273)
**Author:** [@JackALaing](https://forum.pokt.network/u/JackALaing)\ **Replies:** 0\ **Last updated:** [June 20, 2024, 6:17pm UTC](https://forum.pokt.network/t/governance-transaction-notice-june-20th-2024/5273 "2024-06-20T18:17:46Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 36,720.39 POKT of gateway fees was burned (tx) corresponding with last week’s gateway fees. See the distribution of per-gateway r… --- ## [Governance Transaction Notice – June 11th 2024](https://forum.pokt.network/t/governance-transaction-notice-june-11th-2024/5260)
**Author:** [@JackALaing](https://forum.pokt.network/u/JackALaing)\ **Replies:** 0\ **Last updated:** [June 12, 2024, 1:37am UTC](https://forum.pokt.network/t/governance-transaction-notice-june-11th-2024/5260 "2024-06-12T01:37:24Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 29,965.15 POKT of gateway fees was burned (tx) corresponding with last week’s gateway fees. See the distribution of per-gateway r… --- ## [Governance Transaction Notice – June 4th 2024](https://forum.pokt.network/t/governance-transaction-notice-june-4th-2024/5251)
**Author:** [@JackALaing](https://forum.pokt.network/u/JackALaing)\ **Replies:** 0\ **Last updated:** [June 4, 2024, 4:08pm UTC](https://forum.pokt.network/t/governance-transaction-notice-june-4th-2024/5251 "2024-06-04T16:08:21Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 28,334.75 POKT of gateway fees was burned (tx) corresponding with last week’s gateway fees. See the distribution of per-gateway r… --- ## [wPOKT v2 update](https://forum.pokt.network/t/wpokt-v2-update/4888)
**Author:** [@Dermot](https://forum.pokt.network/u/Dermot)\ **Replies:** 10\ **Last updated:** [May 30, 2024, 1:01pm UTC](https://forum.pokt.network/t/wpokt-v2-update/4888 "2024-05-30T13:01:24Z")
The wPOKT bridge and token are now alive and well. Before we look ahead to the future, let’s look back at how well we have done so far. As a reminder, the initial objectives were to: Enable the interoperability of Poc… --- ## [Governance Transaction Notice – May 28th 2024](https://forum.pokt.network/t/governance-transaction-notice-may-28th-2024/5248)
**Author:** [@JackALaing](https://forum.pokt.network/u/JackALaing)\ **Replies:** 0\ **Last updated:** [May 29, 2024, 5:25am UTC](https://forum.pokt.network/t/governance-transaction-notice-may-28th-2024/5248 "2024-05-29T05:25:00Z")
The following transactions were executed this week on behalf of the DAO. Gateway Fee Burn 25,672.20 POKT of gateway fees was burned (tx) corresponding with last week’s gateway fees. See the distribution of per-gateway r… [Next page](https://forum.pokt.network/c/announcements/foundation/107.md?page=1)