This week’s must-read is an insightful piece by PNF’s @JackALaing on #DAOs’ power imbalances.
“Data from Chainalysis found that just 1% of all holders had 90% of the voting power across 10 major DAO projects”
Dive in How to avoid DAO apathy — and power struggles
Must-Listen
PNF’s @Dermot talked about the #DePIN revolution with Andy Pickering in this week’s must-listen.
Listen here Brave New Coin
Highlight of the Week
This week’s trophy went to, as voted by the community, went to BASE’s allowlisting!!! Results here
There’s so much going on! WATTBA! See you next week
We started the week with a massive update on the status of wPOKT. Launch dates locked in!
– Bridge and wPOKT token launch: Wed 20th Sept
– Uniswapv2 wPOKT/ETH pool launch: Mon 25th Sept Stairway to Ethereum: the upcoming launch of wPOKT
We have officially crossed 4M POKT burned! All collected from gateway fees. Burn stats
A new Pocket Open Priority (POP) was published for community contributors to take on. This POP is to rebuild the official Pocket Network website. Submissions are already flowing in, check them out. OPEN PRIORITY: Website Rebuild
The community had the opportunity to catch a glimpse Behind the Avi of @Jerry, a long-time Pocket contributor, DAO member, and Community Mod. Behind The Avi
Hub Highlights
The PoktKorea team organized a fantastic POKT community link-up in Seoul. Read the review Community Meet-Up
Highlight of the Week
This week HotW trophy goes to the 4M POKT total burned, narrowly pipping C0D3R’s pre-proprosal to the top spot. . Results
Another week wrapped up! Catch you next week and remember, stay safe and stay hydrated
Welcome to the Family . Holesky was officially allowlisted, bringing it into the Pocket family and adding to the growing list of Pocket’s supported chains. TX
Governance Highlights
A revamp on how contributors get paid, just as wPOKT is about to go live! Socketeers can expect streamed payments in wPOKT . DAO Finance Operations - Update
ERA Cycle 1 Update dropped, detailing all the work shipped towards our Keystone Projects. A lot of work completed, no lie! Era Cycle Report - Cycle 1
POKTober is coming, and the community received an exciting roadmap on what to expect! See what’s cooking: wPOKT x POKTober
The first-ever Pocket v0 Builders call took place! The call provided details on how community contributors interested in contributing to the protocol can get started. Watch it here:V0 Builder’s Call
Don’t miss the latest community call, where you’ll hear updates from PNF and PNI. From PNI’s Gateway vision to PNF’s recap of Korea Blockchain Week, there’s a lot to catch up on. Community Call
The @poktafrica team held a Hub Call that dissected Pocket Network’s role in Web3.
Highlight of the Week
The event that took this week’s trophy was…… Pocket crossing the $150K in revenue milestone. The “Rollkit announcement” and “PNI’s rebrand” are requesting a recount but the results don’t lie. See here: https://x.com/POKTnetwork/status/1705664949144743954?s=20
Recap complete! What a week! But it gets even more exciting as we are now a week a way from POKTober
The second recommendation is Cabronelbufon’s brilliant thoughts on the ‘most important, under-discussed protocol in crypto.’ Take a look Pokt Thoughts
Lastly, a recap of the incredible “Building DePIN” Space. RECAP
Must-Listens
This week’s must-listen features HalbornSecurity , RaidGuild , and @Dermot_Oriordan discussing the decentralization of Web3 access by Pocket Network. Listen here: https://twitter.com/i/spaces/1mnGepyzzenKX?s=20
Highlight of the Week
This isn’t even up for debate, it was the event on everyone’s lips! The talk of CT! The first of many DePIN Spaces hosted by Pocket Network. POLL
Another exciting week capped off! This following week is due to be as exciting, if not more! #POKTober!
An update on Pocket Shannon’s Economics and Governance R&D got published. The Blockscience team is developing a mathematical specification of POKT’s economic system. V1 Economics and Governance R&D Keystone - #2 by Dermot
A new community-built wallet was unveiled! Decentralized Authority (DA) & @Jinx really pulled through with this gem. NodeWallet
The Grove’s Portal got a makeover. Improved UX, Impoved navigation, improved errthang! Try it out. Grove Portal
Nodies DLB added support for #Optimism Sepolia. They’re making big moves. Check out their list. Nodies DLB
2 New Socketeers joined the crew. @SinachPat will be contributing to Pocket’s design needs, and @TheDoc will be handling all Reddit activities. Track their progress here: Sockets - Pocket Network Forum
So many epic moments that could have bagged the week’s trophy! But the one voted for by the community, was none other than… the wPOKT LAUNCH!!! . Poll Results
That’s it, fam! Now on to the Uniswap Pool Launch!
StableScarab blessed us with a wPOKT Dune Analytics Dashboard. Tracking all things wPOKT just got easier. wPOKT (dune.com)
Hub Highlights
The PoktKorea team released a proposal to plug into the Socket Program, aiming to expand Pocket’s reach. Read more about it here: POKT Korea hub Plugs into the Socket 🔌
The protocol experienced its second-highest weekly burn, soaring briefly to 2nd place on the Web3Index revenue-generating protocol table! Weekly Burn Stats
Governance Highlights
The DAO was buzzing with activity as voting commenced on PIP-32 and PIP-33. POKTDAO Votes
The citizenship specifications for the 3D Governance proposal were unveiled, paving the way for deeper community engagement. PGOV4 - Citizenship Specification
Gateway Highlights
The @BuildWithGrove’s “View from the Grove” was brimming with awe-inspiring updates, boasting a 99.9% uptime, 7 deals inked in 7 weeks, and the groundbreaking announcement of accepting wPOKT as payment! View from the Grove
Community Highlights
The start of wPOKT streaming payments for community contributors is set for Nov 1st!
The victors of the Ode to Ethereum contest were heralded. The Winners
A new Pocket Open Priority invited the community to lend their expertise to the maintenance of the Morse Testnet. Submissions
Must Read
This week’s must-read is the Messari report on the State of Pocket Q3 2023, providing an in-depth analysis of the network’s performance. State of Pocket Q3 '23
Must Watch
This week’s Community Call offered an insightful update on POKT’s Gatewayverse, shedding light on the ecosystem’s expansive capabilities. Community Call Nov 2nd
Highlight of the Week
The jaw-dropping list of Grove’s partners stole the week’s Highlight trophy! Voted by the community. See here: POLL
That’s the recent scoop in the POKT world! See you next week and remember…
We partnered with DevelopeDAO, providing them with decentralized RPC access. Announcement
A major achievement was recorded in our protocol revenue, crossing the 6M POKT mark. Burned POKT
Governance Highlights
Voting on PIP-35 kicked off. It aims to make Gateway onboarding more frictionless, with the seamless transfer of App Stakes. PIP-35
PIP-34 received overwhelming DAO approval. Not a single rejection! PIP-34 Results
Gateway Highlights
DeveloperDAO, Nodies DLB, and Grove joined forces to discuss RPC access and DePIN. A gathering of great minds! The Link Up
In an exciting partnership, MASQ and Nodies DLB linked up to provide MASQ Browser users with seamless access to multiple blockchains. Unstoppable Partnership
The team at Grove announced support for Solana Custom in this week’s “View from the Grove.” Access to Solana, but with enhanced historical and indexing capabilities for users. View From The Grove
Community Highlights
The latest insights into our marketing strategy were published, providing a glimpse into recent efforts. Marketing Update
DeveloperDAO dropped a thread contest challenging the community’s knowledge on POKT as the RPC Base-layer. Grab Your Notepad
BIG NEWS! Infura showcased POKTnetwork as one of the key players in its DIN initiative, highlighting the importance of POKT’s decentralized infrastructure. The Reveal
The protocol team celebrated a major development milestone for Pocket Shannon, with lots more in the pipeline! See Demo
The near-term liquidity goals for wPOKT were met, ensuring smooth entry and exit in the ecosystem. 1.3M with ease!
Governance Highlights
The DAO unanimously approved PIP-35, showcasing the strength of our governance system. Transfer of App stakes between Gateways is now frictionless. 7-0
Gateway Highlights
Nodies made their first Gateway fee payment to the DAO, marking a major step forward in the Gatewayverse! The TX
Grove was unveiled in Infura’s illustrious list of DIN partners.HUGE!
Community Highlights
Four teams were selected for the Pocket Open Priority, maintaining Pocket Morse’s testnet. The Fantastic Four
Must Read
This week’s must-read: An insightful piece on Infura’s DIN initiative and its partners. Must Read
Highlight of the Week
The event that stole the week’s spotlight was… INFURA x POKT partnership! . See POLL
wPOKT achieved a major milestone, crossing the 50M minted mark! wPOKT
Governance Highlights
The ERA Cycle 2 report was published, showcasing immense progress on our Keystone Projects in September & October. The list is crazy! ERA Cyce 2 Report
The Pocket Network Foundation dropped an Ecosystem Strategy & Ambitions Update, highlighting achievements and setting objectives till the end of Q2 2024.
Exciting roadmap in here PNF Ecosystem Strategy and Ambitions update
Gateway Highlights
Grove announced an exciting upcoming Twitter Space featuring two industry heavyweights, @o_rourke and E.G. Galano. They will be discussing the future of decentralized infrastructure. Don’t forget to set your reminder
POKTscan recorded a milestone of 100M relays from the Nodies DLB Gateway. #RoadTo1Billy. Gateway Metrics
Community Highlights
The Developer DAO thread contest results were released, featuring top-quality content. The Winners
The POKTscan.com and pokt.money websites received some exciting updates, now showcasing wPOKT and Gateway metrics. Explore them!
The network impressively processed 2.84 billion relays (Sat-Fri), a 10% increase from last week’s count of 2.58 billion. Ethereum led the charge with over 800 million relays.
A conversation with @o_rourke & E.G. Galano discussing the evolution of Decentralized Infra. Particularly insightful was their detailing of the history of Infura and POKT. Tune In
A discussion with our friends, sminert, AyyanERahman, and Zemm_NFT on the significance of citizenship in the digital world. Tune In
Event of the Week
This week’s standout event, without a doubt, was the buzz around Grove’s funding. Dominating the spotlight, it captured the community’s and wider cryptosphere’s attention in an epic way. Poll Results
That’s a wrap for a bustling week in POKT Network. Never a dull moment. Catch you next week!
Nodies DLB shared an exciting update on their work on the open Gateway stack, bringing POKT closer to a resilient and diverse multi-gateway ecosystem. Get the details. OSS Gateway Stack Update
Don’t miss the upcoming @BuildWithGrove’s “Don’t Quit Your Daydream” talk on Decentralized AI’s future with Ramiro from POKTscan and Harry from GensynAI. Set a reminder: Don’t Quit Your Daydream
GOVERNANCE
Two impactful proposals hit the forum.
PEP-65: SCAN, requesting $20k/month for POKTscan’s continued support.
PEP-66:CM-CC aiming to recognize our community moderators as core contributors.
COMMUNITY
DeveloperDAO’s #30daysoftext Day 6 challenged the community: What open-source libraries should POKTnetwork build? Join the conversation for a chance to win $100 worth of POKT. Day 6
MUST WATCH
Don’t miss the insightful presentation by @h5law on the Sparse Merkle Tree (SMT) and other key areas of the Shannon upgrade. Watch here: SMT
EVENT OF THE WEEK
This week’s “Event of the Week” poll saw a close race, but in the end, Nodies’ Gateway Stack update clinched the top spot with 37% of the votes, POLL
That concludes another exciting week at POKT Network!