# State of POKT (Letter To Stakeholders)

**URL:** <https://forum.pokt.network/t/state-of-pokt-letter-to-stakeholders/5337>\
**Category:** Foundation\
**Created:** [July 17, 2024, 10:48am UTC](https://forum.pokt.network/t/state-of-pokt-letter-to-stakeholders/5337 "2024-07-17T10:48:51Z")\
**Posts on this page:** 1\
**Showing post:** 12

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**Author:** ![Jinx](https://forum.pokt.network/user_avatar/forum.pokt.network/jinx/32/433_2.png) [@Jinx](https://forum.pokt.network/u/Jinx)\
**Post date:** [February 8, 2026, 12:18pm UTC](https://forum.pokt.network/t/state-of-pokt-letter-to-stakeholders/5337/12 "2026-02-08T12:18:14Z")

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That was a year and a half ago. Since then, the foundation has gone through an audit, has all financials [published transparently](https://forum.pokt.network/t/pnf-q4-2025-january-2026-transparency-report/5626), completed its major network upgrade, engages with the community with ongoing reporting every week, and Grove has left active development in the ecosystem, returning that responsibility to engineers within the community, led by the Foundation’s Head of Protocol, Otto Vargas.

This era has already achieved ongoing levels of transparency greater than any in its previous history.

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_[View the full topic](https://forum.pokt.network/t/state-of-pokt-letter-to-stakeholders/5337)._