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What is Pondo (PNDO)?

Pondo is a liquid staking protocol built on the Aleo blockchain that allows users to earn rewards on their ALEO tokens while retaining liquidity. It automatically rebalances delegations to the highest-yielding validators on the network for optimal returns. Pondo lowers the entry barrier for stakers and is open to all validators. The rebalancing process is permissionless, programmatic, and decentralized, operating without the need for governance.

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