Wrapped POKT wallet

What is Wrapped POKT (WPOKT)?

Pocket Network sells one thing: RPC access. Applications need to read from and write to blockchains, and Pocket routes those calls to a decentralized set of node operators who stake POKT to serve them. The native POKT token lives on Pocket's own Cosmos-style chain, where it is staked by node operators and used to pay for relay service.

WPOKT is that token represented as an ERC-20 on Ethereum. The important thing for a holder is the direction of travel: the native chain is where POKT does its job inside the protocol, and Ethereum is where it becomes an ordinary token that contracts can handle. The two balances are not interchangeable by a normal transfer - crossing between them means going through the bridge that mints and burns WPOKT against native POKT held on the other side.

What this changes day to day

• Fees on WPOKT are paid in ETH, not in POKT.
• A WPOKT balance sits outside the protocol's own staking and governance machinery, which runs on the native chain.
• Bridged assets are only as available as their bridge, so the wrapped form carries that dependency in a way the native coin does not.

Supported networks in Tangem (1): Ethereum.

WPOKT is often a position someone opens and then leaves alone for a long stretch. Tangem generates the private key inside the card's chip and it stays there; a second card, initialized with the same key, is what you fall back on if the first is lost, and a seed phrase is available but not required. Long-untouched holdings are precisely the ones that suffer from a backup you wrote down once and never checked, which is the argument for keeping this one on a card.