New Cycle Allocation
There are 1,639,044 POKT available for community contributions in Q2 2024 (Cycle 5)
Based on:
- Minting Last 3 months: 20,488,048
- DAO Take (10% Minting): 2,048,804
- Era Allocation (80% DAO Take): 1,639,044 POKT
Era finances and utilization of funds from the previous cycle (Q1 2024) is linked below:
Release Notes
The following was delivered in Q1 2024:
- Shannon (fka v1) Launch & Support
- Migration to Cosmos 0.50.x
- Thesis Defense SMT Audit + SMT Improvements
- Claim & Proof Lifecycle Completed
- Private Testnet Launched
- Shannon (fka v1) Economics R&D
- Gatewayverse
- Road to Revenue
- 6.45m POKT burned to date
- Trusted Brand
- Ramped up IRL execution with a DePIN event in Denver + more speaker slots.
- Reestablished a relationship with a PR and Media Agency (Serotonin) and briefed them to ensure position within the DePIN narrative and build visibility over time.
- Kicked off narrative definition for the potential AI use case and worked on the evolution of the overall project narrative to explore more memetic handles.
- Built target audience personas for the general audience, tested and refined messaging, and built it into the broader narrative.
- Continued evolution of documentation and website.
- DNA
- Launch of the ecosystem metrics dashboard
- Design of the Retro POKT Good Funding program
- Creds
- Community call and final iteration of design
- Published the CREDS proposal
- Soft launched the system for Citizen onboarding
- Quick Grants (Sockets) & RFPs (POPs)
- Allocate the Gateway Demo RFP to 2 teams (Liquify & RaidGuild)
- Opened a number of really strong Quick Grants including the AI Lab, Korea and China Community Hubs, Doc improvements & Infra Deployment
- Implement the “Maintainer” role as a mechanism to support key POKT infra including the Mainnet Seeds and POKT website
- Relaunched Bounties as a way to engage new community members and get scoped tasks completed.
- wPOKT
- Stats
- 70.09m wPOKT supply
- $3.04m liquidity
- $61k 2% depth
- 1,080 holders
- 19k+ transactions to date
- Third phase of rewards announced
- Plans to launch a Uniswap v3 pool imminently on Arbitrum
- Stats
- Tier1 Listings
- First Tier1 listing on Upbit
- Additional listings on Bitget and Crypto.com’s app (with the main exchange pending)
The full report can be found on the DAO notion page here