📡 Weekly Relay Recap #24 🛰️
Over the last week between 04/29 to 05/05, the Pocket Network protocol has successfully relayed over 38.1M application requests and settled at 3,470 nodes.
Weekly Relay Recap
04/08 to 04/14: 42,346,285
04/15 to 04/21: 33,751,554
04/22 to 03/28: 34,005,895
04/29 to 05/05: 38,169,844
For the week of 04/29 to 05/05, the average successful relays per day were ~5.45M. The highest number of daily research was on April 29th, with over 6.05M relays.
This past week, 38.1M successful relays were processed. Nodes minted a ~381k POKT during this timeframe, ~339.7k POKT going to the service nodes, ~38.1k POKT going to the Pocket DAO, and ~3.81k POKT going to block producers.
Total Successful Relays from 04/08 to 05/05: 148,273,578
AVG Successful Relays Per Day 04/08 to 05/05: 5,295,484
AVG Successful Relays Per Week 04/08 to 05/05: 37,068,394
Over the last four weeks, applications using the Pocket Gateway have driven a total of 148.2M successful requests 📡
In this timeframe, that means nodes have minted a bit over ~1.48M POKT, with 89% going to the service nodes (~1.32M POKT), 10% going to the Pocket DAO ( ~148k POKT), and 1% going to the block producers (~14.8k POKT).
Total Staked Nodes
Analysis by Marco 👋 | @TMod_Marco
As communicated throughout the past couple of weeks, it’s great to experience a steady uptrend of both the number of successful relays per week and total active validator nodes on the network.
The number of relays grew by 12.24% compared to last week. As the number of nodes didn’t grow as fast, the current active validator nodes on the network processed more relays and therefore earned more rewards (avg. of 13 POKT per day)!
It’s also exciting to see the number of countries in which a node is ran grow, currently nodes are being run in 16 different countries, ultimately it’d be amazing to see nodes spun up all around the world.
Do you know what wPOKT is? We’ve covered it a couple of times throughout our previous weekly updates, but would love to map it all out for you again as we’re getting closer to the launch of wPOKT! Read all about it here.
Now that we’ve got your attention on wPOKT, be sure to read our latest Medium post on ‘’How wPOKT Staking Subsidizes Infrastructure for Free Tier Applications? | wPOKT ELI5 Series’’.
By forking Ampleforth’s contract, we’re building a micro-economy that enables DApp end-users to get more involved in the web3 ecosystem. Giving users the opportunity to crowdsource infrastructure access on behalf of their favorite applications while earning a wPOKT yield — Regenerative Finance. Rather than projects paying for infra, they can now request their community members to cover these costs.
Here’s a sneak peak!
For wPOKT specific updates and alerts, sign up at https://bit.ly/WrappedPOKT.
Moving on to governance, besides PIP-5 (Arcade quest), PEP-6 (Node pilot), PUP-6 (Rescend PUP-4), and PIP-6 (Settlers of new chains), there’s now a PEP-7 proposal discussion active on the forum. We’d encourage you to read through it and participate!
Voting for PEP-6 Node Pilot goes live today at 12 PM EST on Snapshot, too.
In PEP-7, the SkillZ team requests the community and the DAO to fund the development and hosting of the Sand Walker (15,000 POKT), a reward explorer for POKT based on live blockchain data.
Big congratulations to Shane for completing the required amount of quests in the POKT Arcade to earn a vote in the Pocket decentralized autonomous organization. Please, welcome the newest voting member of the Pocket DAO!
And a friendly reminder, anyone can earn a vote in the Pocket DAO by completing one of the gamified POKT Arcade paths:
Are you ready!? > Press Start <
Nodes: Genesis Block
We’d like to highlight Shane’s recent comment on Discord for those who received POKT from the genesis block: ‘’If you received pre-staked POKT from the Genesis block, then that POKT was given to you as a jailed POKT Node. If you have not deployed your Genesis nodes, then they are still currently jailed.
Pocket Mainnet has a max jail time of 37960 for POKT Nodes. THIS MEANS ANY POKT THAT IS SITTING IN A JAILED NODE WILL BE BURNED AFTER BLOCK 37960.
Block 37960 is expected to land in mid September. Be sure to UNJAIL OR UNSTAKE your jailed POKT Nodes BEFORE block 37960 or you will lose your POKT.
To view what's the current block on Pocket Network feel free to visit https://explorer.pokt.network/’’
Unsure if this affects you? Ask for support in our Discord community server.
Pocket Network is proud to announce our latest strategic partnership with RedBlock, who now holds POKT tokens and runs nodes They are helping Pocket expand into the Chinese market via community engagement, content localization, and much more.
What can you do to drive relays and add nodes to the network?
App Side of the Marketplace
If you care about privacy and decentralization, replace the default network provider in your MetaMask wallet with actual decentralized node infrastructure by adding a Pocket-powered Ethereum mainnet endpoint through the custom rpc settings!
Try out any of these other apps listed in this forum post. You can also earn a skill-role in our Discord community server for dogfooding any of those applications by completing a quest within the POKT arcade.
We are offering applications up to 1,000,000 requests per day as part of a limited free tier program. Please refer us to any blockchain apps/services that you want to be actually decentralized and truly resilient to single points of failure!
If your application or service is interested in becoming a launch partner for the wPOKT farming program, register here!
Node Side of the Marketplace
Don’t know how to run a node? Watch the Zero to Node videos above to learn how.
If you run into any issues, a community of node runners (and our support team) would be happy to help. If you’d prefer to not run a node yourself, check out the forum for a list of node providers offering their services to people interested in participating in the ecosystem.
How to purchase POKT to stake?
When you are ready to take the step forward in supporting decentralized node infrastructure and earning Pocket’s native cryptocurrency for serving apps then visit the community-established OTC run by Subzero, which is the best way to buy or sell POKT and helps nodes cover the cost of their infrastructure. Join the private telegram channel (requires telegram) and message the admin to get started. Note that there are fees associated with the OTC to help cover their costs and that neither Pocket Network, Inc., the Pocket DAO, nor the Pocket Foundation receives any of these fees nor any proceeds from the sale of POKT through the OTC.
Connect with Pocket:
🦜 Follow Pocket on Twitter at @POKTnetwork
💬 Chat with the Pocket team and community in Discord
👾 Visit the Pocket Network Website
♻️ Learn more about wPOKT