#POND #POND/USDT #PondCertificate Here’s an article-style overview of POND token — what it is, how it works, and what to watch out for.
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What is POND?
POND is the native token of Marlin Protocol — a blockchain infrastructure (Layer-0) project. Its aim is to speed up and optimize peer-to-peer network communications and data propagation for blockchains, improving throughput and lowering latency.
As an ERC-20 token, POND is used inside the Marlin ecosystem for staking, network participation, and governance.
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POND Tokenomics & Structure
Total supply: 10 billion POND tokens.
Circulating supply: As of recently, around 8.1–8.2 billion tokens are circulating.
Allocation (at launch / across ecosystem) typically: ~31.9% to ecosystem, ~21.8% staking / rewards, ~17.2% private sale, ~16% “FlowMint / stakedrop”, ~10% team, ~3% advisors.
Additionally, the Marlin economy distinguishes between two token-classes:
POND — the spendable / utility token used for staking and network operations.
MPOND — a governance and staking token. 1 MPOND is equivalent to 1,000,000 POND via a bridge mechanism. MPOND holders can vote on protocol proposals and also run validator/relay nodes.
This design separates “utility/use” (POND) from “governance/stake-rights” (MPOND).
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What Is POND Used For — Key Utilities
Staking & node operation: To run or support nodes/relays on the Marlin network, participants stake POND (and/or MPOND). This helps secure the network and enables relayers to earn rewards.
Governance: MPOND holders have voting rights — they can propose or vote for changes to the protocol, resource allocation, or network upgrades.
Incentives for network services: POND is used to reward network participants who relay data, provide infrastructure, or otherwise contribute to Marlin’s operations.
Support for emerging features: The Marlin Protocol has expanded utility may grow beyond just node staking or data routing.
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Risks & What to Watch Out For
Adoption risk: POND’s value largely depends on how widely Marlin’s
