Everything about POND (Marlin) cryptocurrency :
Marlin
Marlin is an open protocol that provides a high-performance programmable network infrastructure for DeFi and Web 3.0.
1. Project introduction
Marlin is an open protocol that provides a high-performance programmable network infrastructure for DeFi and Web 3.0. It is an open-source project aimed at scaling peer-to-peer platforms by optimizing the communication between nodes. It can be best thought of as incentivized libp2p.
Marlin is working on interesting problems like figuring out cryptoeconomics for incentivizing full nodes to propagate blocks and transactions, creating network topologies in a rapidly changing network and finding efficient rounting paths with multiple sources and multiple destinations. The Marlin Network is able to achieve global latencies of <150ms. This enables developers to build high-performance responsive distributed systems (including blockchains and dapps). It can scale to a large number of nodes without compromising on performance. Developers are no longer limited by the fanout capabilities of a single node.A subsidy pool is provisioned to bootstrap the network in the initial stages (with Marlin native token, POND). POND is a standard ERC-20 token contract with a total supply of 10 billion. Network rewards via the subsidy pool for work done by relayers as mentioned above are distributed in POND. POND may delegated to relayers and subject to slashing penalties if the relayer its delegated to doesn't follow the protocol.
2. Investment institution
Binance Labs, Arrington XRP, Electric Capital, NGC
3. Application and distribution
Total supply: 10 billion
Token application:
Staking to become validators
Token distribution:
Private Sale: 17.2%
Advisors: 3.0%
Team: 10.0%
FlowMint: 16.0%
Staking Rewards: 21.8%
Ecosystem: 31.9%
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