ļø Larvanet's approaching. Nodes req tokens to stake. Validators need to cover costs. Marlin's a base layer 0 protocol.
21 Dec 2020, 13:46
āļø Larvanet's approaching
š” Nodes req tokens to stake
š° Validators need to cover costs
š Marlin's a base layer 0 protocol
š Economic guarantees req are high
āļø Governance has to cater to incongruous communities
The POND / MPond design rationale š
We introduce a dual token model comprised of a semi-transferrable MPond and completely transferrable POND with a bridge governed by token holders themselves. Inspired from Project Serum's MSRM/SRM model, Nexus Mutual's bridge design, and Fred Ehrsam's governance minimization.
We think the design of MPond/POND is an interesting experiment in exploring security design and governance in PoS systems. While POND incentivizes validators and is a route to acquiring MPOND, MPOND's design ensures that economic security and governance aren't easily compromised.
We invite you for further discussions on our Discord Channel
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