POND is Marlin’s native utility token and has the following functions: Governance: Users can use their POND tokens to vote on governance decisions such as the usage of funds in the treasury. Protocol Incentivization: Users can earn POND tokens as rewards when they send or receive data in the Marlin network.
Read moreWhat is Pond staking?
To stake POND, a user must first make an Approve transaction before creating a Stash. If you are going to create multiple stash accounts, you can make an Approve transaction for the full amount of one transaction and then create stash accounts afterwards.
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