Pocket Network’s DAO Initiates Progressive Inflation Management

Tampa, United States / Florida, 17th March, 2022, Chainwire

Massive growth and adoption of Pocket Network sees DAO accept community proposal
Pocket Network, a Web3 relay infrastructure middleware protocol that facilitates abundant blockchain bandwidth from its globally-distributed network of 35k+ full nodes to applications in Web3 across 37 blockchains, including Ethereum, Polygon, Solana, Avalanche, and Harmony, announced that it is instituting a new governance policy aimed at reducing inflation of its utility token POKT in order to progressively manage the growth of Pocket Network and provide sustainable, fault-tolerant incentives to node runners to continue to scale into the most distributed network for Web3.
Pocket Network’s protocol operates a two-sided marketplace. On one side, infrastructure providers run nodes, or access to blockchain data, for connections to Ethereum, Harmony, and over 37 other blockchains. On the other side, Web3 application developers gain access to a rob

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