Pondo is a liquid-staking protocol on Aleo blockchain. Pondo enables you to earn rewards from your ALEO tokens while maintaining liquidity. It rebalances delegation of your ALEO to the validators with the most yield on the network, to ensure optimal performance.

In addition to providing liquidity, Pondo lowers the barrier to entry for stakers and is open to any validator to participate. Rebalancing is permissionless and programmatic, making the protocol decentralized while at the same time not relying on any governance mechanism.