About Marlin (POND)
Marlin is a layer-0 consisting of an open collection of protocols and related libraries that purportedly provides Web 2.0-style performance to DeFi and Web3, with programmable network infrastructure. The Marlin platform is powered by the ERC-20 $POND token.
The use cases of Marlin network include multiplayer games, an Internet of Things (IoT) data marketplace, an order relay system for decentralized exchanges, a validator network, and a blockchain or sidechain with supposed low blocktimes.
One of the tools Marlin provides is its relay network. Marlin Relay is a blockchain-agnostic, permissionless relay network with purported built-in incentivization. Marlin claims that, unlike other relay networks, Marlin Relay is generic and can be integrated with multiple blockchains concurrently. Moreover, an incentive structure ensures that trustless nodes can contribute resources to the network without jeopardizing its alleged security.
According to Marlin, POND tokens can be used to delegate nodes within the Marlin network, known as Metanodes. By operating these Metanodes, participants are rewarded for maintaining the Marlin relay network.
Marlin is a stake-based permissionless network. Their revenue model involves two distinct functions: the Marlin network requires nodes to stake tokens and users who stake said tokens are rewarded for staking in POND.
Marlin is governed by the POND DAO. On the Marlin Network, users must have at least one MPOND, or one million POND, to provide improvement proposals to the network. However, any token holder can vote on proposals.
Marlin is backed by a notable group of investors, including Binance Labs, Electric Capital, Michael Arrington, DHVC, and Fenbushi.
The current price of POND can be live-tracked on Binance.