PINT - The Future of Polkadot Ecosystem Indexing

Introduction to PINT

The Polkadot Index Network Token, affectionately known as PINT, is stirring up excitement in the crypto community with its newly unveiled source code. Six promising projects have already raised their hands, eager to join this innovative index.

A Four-Phase Roadmap

PINT’s development is charted across four distinct phases, aiming for a grand mainnet launch within the next three months. Each phase is designed to ensure a robust and seamless deployment that aligns with the dynamic nature of blockchain technology.

Participating Projects

Among the initial participants, we have:

Acala Network
Equilibrium
HydraDX
Litentry
Moonbeam
Plasm

These projects have made “soft commitments” to be part of PINT, showing a united front for balanced ecosystem exposure.

Hedging Volatility with PINT

Investors often experience the rollercoaster ride of individual project performance. PINT aims to smooth out these wild bumps by providing balanced exposure to the entire Polkadot ecosystem, thereby minimizing the risks associated with investing in individual projects.

A New Treasury Reserve Asset

PINT developers are keen to see their index adopted as a treasury reserve asset. This innovative approach offers an alternative to merely holding native tokens, relieving stakeholders of the typical complexities of active treasury management.

Governance Structure

PINT’s governance will be managed by a council responsible for overseeing the index and managing a native treasury funded partly by fees from staked assets. An exclusive “constituent committee,” featuring representatives from each project in the index, will hold veto powers, ensuring an additional layer of checks and balances.

Collaboration is Key

This initiative exemplifies collaboration in action, with contributions from Stateless Money as the coordinating force and ChainSafe as the primary development partner. Plus, the cross-chain DeFi DAO StakerDAO is on board, having voted in favor of using treasury funds to support PINT, sharing in the bounty of fees generated by the index.