Good morning pNewtorkerzzz! 🔥

It’s our 6th monthly update - September - and y’all know what that means:

• temperatures cooling down, cortisol ramping up;

• official surf season kickoff in Caparica, aka Carbonaut ghosting our DMs on TG 🏄🏽‍♂️

• VCs back from summer retreats answering emails sitting idle in their inboxes (#finally)

What better way to re-charge your batteries, re-center your chakras, and re-play that song that got you obsessed all summer?

And by the way…

..during our last monthly update, we left you with a riddle to solve. The scope? The first project who’ll feature the newest pNetwork v4 official bridge.

Crypto bros & sis, the answer is $CGG by... them!

Who guessed it? Don’t lie!

Now, let’s dive into the two (very hot) topics on the agenda for the month:

• EOS grant 💰

• “Bye Bye” pTokens 👋🏻

EOS grant 💰

Big news fellas… 🥁🥁🥁

pNetwork Community Association has secured a $60,000 grant from the EOS Network Foundation (ENF) to facilitate the deployment of pNetwork v4 on the EOS blockchain.

If you’ve been following us, you’ve likely already heard about pNetwork v4. Quick refresher?

pNetwork v4 is the new architecture that transforms our core product from a bridge to a bridge enabler. Its main innovation lies in:

• its adoption of the new token standard xERC-20, which gives token issuers total control and ownership over the tokens on the destination chains;

• its modular design, allowing its use as a standalone service or alongside other bridges and validators

And yes, we’ve talked a lot about it, BUT now we can touch with hand its impact, as it receives the validation of such an important player (ENF), who acknowledges its value and greets its deployment.

Within the scope of the grant, our team will:

• Develop an EOS-specific alternative to the xERC20 token standard, to ensure that the entire EOS ecosystem can benefit from it and unlock new cross-chain features;

• Create new on-chain contracts tailored for the EOS environment.

The deployment is well underway and the  first installment of $30,000 has already been received (transaction proof: Etherscan)

A lot of work and a lot of IQ are needed, so who other than our magician devs for the task?

As for us bizdevs, well, nothing left but filling our time with spare pages of crossword puzzles (I got one for you: replace the ‘E’ with ‘IQ’ and you’ll find Ulisse’s guilty pleasure)

On to the next chapter, captain!

“Bye Bye” pTokens 👋🏻

My ex-gf always used to say: “Every relationship ultimately comes to an end. It’s how it ends that determines whether you’ll hold onto good memories or bad ones”.

She was right.

As we strive to only hold onto merveilleux souvenirs with our community, today, we have an important announcement to make:

We will phase out specific tokens that do not align with the architecture of pNetwork v4 - as a result of minimal adoption and/or integration challenges.

This includes notable assets such as TLOS on BNB Chain and Ethereum and pBTC on Libre.

And this is very important: if you still hold any of the following pTokens, you are urgently invited to redeem (peg out) your native tokens as soon as possible using the pNetwork dApp.

This is the list of tokens:

• ANRX on BNB Chain

• pBTC on Arbitrum, Libre, and Telos

• PNT on Arbitrum

• IQ on Ethereum

• pKEYS on BNB Chain

• LUXO on BNB Chain

• pOPEN on BNB Chain

• pOPIUM on BNB Chain

• PTERIA on BNB Chain

• SEEDS on Ethereum

• TLOS on BNB Chain and Ethereum

• pUSDT on Libre and Telos

• pLIBRE on Ethereum

• PETH on Telos

• NUCO on Telos

• ZMT on BNB Chain

• pUSDC on Telos

⚠️ Important: The redemption period is limited. Please act promptly to ensure a smooth transition of your assets. For any questions or support during this process, feel free to reach out to us on Telegram or DM Carbonaut.

Dear pTokens, we’ve had a long stride, and we’ve enjoyed every bit of it.

We sail towards a more advanced & modular interoperability protocol, and we have to say “bye”.

Well, I guess that’s all folks! 👋🏽

Is there something you would like to read in our Monthly that hasn’t been included? Write me at @y4nnickdez4 on Telegram and I will make sure to include it in next month’s review!

The pNetwork Community Association is a Swiss association led by community members who are long-term supporters of pNetwork as a technology, token and protocol. It aims to contribute to the development, growth and education of anything pNetwork related.

pNetwork is a protocol that enables cross-chain operations, such as transferring assets from one blockchain to another. It is designed to provide interoperability between different blockchain networks, allowing users to take advantage of the unique features and capabilities of each network while still being able to access and use their assets on other networks.