(UPDATE) Multichain POKT is moving forward ๐Ÿš†

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. :train2:

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. Letโ€™s start building some new momentum!

chris-farley-tommy

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 chainโ€™s $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 chainโ€™s token to bootstrap the initial launch. If anyone wants to partner with PNF for bootstrapping, just reach out :slightly_smiling_face:

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 :wink:

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Great job, @shane and @vojtech . Itโ€™s fantastic to see the multichain progress being made despite these uncertain times. This really highlights what a dedicated group of top-notch contributors can achieve. Long live the DAO.

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