<aside>
đź’ˇ The Shannon upgrade is only relevant to a small group of people. If we truly want to grow, we need to enhance our DeFi strategies and increase our holders from a few thousand to over 100K.
</aside>
Goals / KPIs
- increase the number of holders
- increase the trading activity
- increase both supply and demand on DEXs
- increase project awareness
Action Items
- [ ] Update CMC / CoinGecko / DexTools / etc
- [ ] Add our EVM token contract address per each chain
- [ ] Add our SPL address (token on Solana)
- [ ] Our tokenomics on these platforms is outdated and looks terrible for outside investors
- [ ] Docs: Fire Tokenomics page, we can improve the charts (legend / labels), use the Shannon vision (without mentioning Shannon or Morse) and we can highlight the projected total supply shouldn’t cross certain threshold
- [ ] Prepare a budget
Incentives analysis
- Data points
- Current POKT staking APY = 11%
- wPOKT incentive pools
- initial launch = $75k ($833 per day)
- 2nd launch = $50k ($555 per day)
- 3rd launch = $18,750 ($375 per day)
- Current (4th) launch (running until 27 August) = $11,000 ($122 per day at time, now less due to price decrease)
EVM Token Details
Contract Address: 0x365796426B12C5C558D7725D46e8a1f87290A38D
|
old wPOKT |
new POKT |
Symbol |
wPOKT |
POKT |
Name |
Wrapped Pocket |
POKT Network |
Decimals |
6 |
6 |
Max Supply |
Not set |
Not set |
Problems
- Limited exposure to DeFi, primarily using Uniswap V2
- Low number of holders (few people holds large amount of tokens)