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 number of changes, but this initiative is still moving forward with @vojtech taking on the development under newly launched Pier Labs. PNF is still leading this initiative and the plan is still the same.
While there still are questions about what exactly PNF will look like in the coming months, there is clear unity around seeing POKT go multi-chain and open the door to more DeFi opportunities. Letโs start building some new momentum!
Step 1: Vote on the first chain.
There is a Twitter Poll where voting is taking place. Go VOTE!
Step 2: Release a bridge for wPOKT to the new chainโs $POKT
Through a Unified UI bridge, users will be able to go from wPOKT to $POKT on any chain deployed through this initiative. The native POKT to wPOKT bridge will remain the same.
With Shannon being IBC compatible, this can be easily migrated to a native POKT to $POKT on any chain.
Step 3: Line up bootstrap liquidity.
The hope is to lock in $50k of POKT and $50k of the new chainโs token to bootstrap the initial launch. If anyone wants to partner with PNF for bootstrapping, just reach out
Step 4: Content Overhaul
Ensure docs, CMC, Coingecko, etc are up-to-date with the latest information. Prepare new marketing materials as well.
Step 5: Partner with a DEX and KOPs.
Step 6: Launch LP with POKT incentive program.
More updates to come