Pontoon Q1 Recap

Pontoon Finance
3 min readApr 7, 2022

It feels like we’ve just entered 2022, but things moved so rapidly that we ended Q1 on a high note. Gladly, we’ve kept our promises, grown faster than expected & set a solid foundation moving forward, so there’s nothing to sweat about when preparing a wrap-up.

At the start of the new year, our main goal was to give our community the best we possibly could and we did just and the response from the user circle remains massive and supportive.

Community

We couldn’t have done anything without all of you, champs! Thank you for your continuous support and love.

We always take feedback from the team, investors, influencers, and communities to strengthen and for protocol success. So we always have plenty of surprises, announcements, contests, rewards and Ambassador programs waiting for you along with cross pacific communities announcement across different geo’s.

Partners & Backers

Q1 was all about building those strong relations with other crypto projects, VCs and influencers in the ecosystem.

Here is a quick recap of our Partners and backers.

Pontoon has released a few partnerships that are aligned with us and more details of our partners to be produced on our blogs.

Stay tuned for more content and collaborations through our official Ann channels and social spaces.

Pontoon Incentivised Testnet V2

Pontoon incentivised was a humongous success which helps us with organic growth and overall success of a protocol. With Incentivised Testnet V2 which was live on 4 chains: ETH, BSC, Avalanche, Polygon. Pontoon was able to gauge the community involving in testing of the Alpha version with builders and testers participants who have completed over 33M in total deposits and over 5K+ in total wallets connected.

$TOON Staking

Pontoon native staking kicked in soon after our first token release which is again a big game changer for a protocol growth of close to 1000K being staked since the day of launch which shows the support that Pontoon has been given by multiple community members and through our trusted partners and investors.

1000K $TOON staked till now across BSC and ETH platforms.

Staking URL: https://app.propel.xyz/defi/pontoon

Activities

Pontoon has seen the interest of the users and its community and that makes the way to the different sections of activities that is been involved with us. We introduced our community with various activities i.e., Staking, Guess the Partnership, Community AMA, Testnet V1 and V2.

More activities: Ambassador programs, cross-geo communities, geo-specific communities, bug bounty through our next version of testnet.

About Pontoon Protocol

Pontoon offers users One-click liquidity mirroring across ETH, BSC, HECO Chain, xDAI, POLYGON, OPTIMISM with incentivised Relayer Network and Liquidity Mining for Liquidity Providers across the chains. We solve the prevalent fragmented liquidity problems across chains employing a decentralised and trustless approach.

👥 Our Social Media Links:

Website | Twitter | Discussion Channel | Announcement | Medium

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