Marlin

Halal Rating :
Questionable
Last Price $0.02 Last updated:
Rank 370
1D Change 7.25 %
Market Cap $145.19m
Circulating supply 8,087,375,977
Maximum supply None

Crypto Overview

Categories
  • Distributed Computing
  • DeFi
  • Zero Knowledge Proofs
  • Scaling
  • Ethereum Ecosystem
  • Binance Labs Portfolio
  • Arrington XRP Capital Portfolio
  • Electric Capital Portfolio
  • Polygon Ecosystem
  • Web3
  • Arbitrum Ecosystem
  • Injective Ecosystem

Understanding Intended Utility

Marlin Protocol aims to solve network layer scalability issues in blockchain networks by providing a high-performance programmable network infrastructure. The POND token is designed to incentivize node operators who provide network infrastructure and secure the network through staking.

Core Functionalities

The protocol focuses on three main areas: Layer 0 network infrastructure improvements, network security through staking, and governance of the protocol. Node operators are rewarded with POND tokens for maintaining network infrastructure.

Actual Implementation and Usage

The project has active development and has established partnerships with several blockchain projects. The network currently has operational nodes providing infrastructure services, though adoption remains in early stages. The protocol has demonstrated real utility in improving network performance for connected blockchain networks.

Token Distribution and Governance

The token distribution includes allocations for the team, advisors, and early investors with standard vesting periods. The project maintains transparency regarding token allocations and vesting schedules. Team tokens are subject to lockup periods, indicating commitment to long-term development.

Technical Development

The project maintains an active GitHub repository with regular updates and improvements to the protocol. The development team continues to work on expanding network capabilities and improving infrastructure services.

Crypto Impact

To assign a comfort level investing in Marlin from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Marlin.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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