hello everyone!

after only few days from my last posted article (which was, by fortune, about the same PNT - pNetwork) I received an update regarding this project.

For those who don't know about this DeFi project, you have the link of my PNT article here.

This consists in 4 sections:

- the 3-rd DAO proposal

the decreasing the number of PNT needed for operating a pNetwork node to 50.000 from 200.000 right now. At the current price of 0.4 $ / PNT it means 20.000 USD. Much better than 230.000 USD if we calculate the amount needed and the price of 1.15$ from 2 months ago

implications: easier to run a node - could determine more people to buy PNT and stake it for running a node. Could be good for price, for diminishing the supply in the market  and add some more endorsement for the project.

- 6 new pTokens made on EOS network

this is the beginning for expansion of pNetwork to EOS blockchain and the EOS to DeFi: we will have pETH, pLTC, pMKR, pLINK and pYFI near already pBTC token. Taking this and knowing that EOS is trying also to gain his network by making partnerships with Google is making me think that this is a big plus for both networks

- integration with Bitfinex

for a bigger pNetwork game playground: pBTC, pETH and pLTC has landed on Bitfinex. More and more places where PNT could develop their plans and male themselves known.

- the amount locked in pNetwork just raised with more than 10%

in only few days, from 3 millions $ to 3.4 millions $. The total amount is not big, but the rhythm is good. Like I said, other successful project was in the same state, like SNX, for example.

Conclusions:

for me, only good signs which are a strong fundamental signal on long term. This is not a financial advice. I only share my opinions and what are my bets on crypto world.

Be careful, stay safe and invest wise.

Cheers!