diff --git a/src/masternode/meta.cpp b/src/masternode/meta.cpp
index 9b0e26bc77..ca3a6a37ef 100644
--- a/src/masternode/meta.cpp
+++ b/src/masternode/meta.cpp
@@ -8,7 +8,7 @@
 
 CMasternodeMetaMan mmetaman;
 
-const std::string CMasternodeMetaMan::SERIALIZATION_VERSION_STRING = "CMasternodeMetaMan-Version-2";
+const std::string CMasternodeMetaMan::SERIALIZATION_VERSION_STRING = "CMasternodeMetaMan-Version-3";
 
 UniValue CMasternodeMetaInfo::ToJson() const
 {
@@ -18,6 +18,7 @@ UniValue CMasternodeMetaInfo::ToJson() const
 
     ret.pushKV("lastDSQ", nLastDsq);
     ret.pushKV("mixingTxCount", nMixingTxCount);
+    ret.pushKV("outboundAttemptCount", outboundAttemptCount);
     ret.pushKV("lastOutboundAttempt", lastOutboundAttempt);
     ret.pushKV("lastOutboundAttemptElapsed", now - lastOutboundAttempt);
     ret.pushKV("lastOutboundSuccess", lastOutboundSuccess);
diff --git a/src/masternode/meta.h b/src/masternode/meta.h
index 1a93b09d93..f41e695f5a 100644
--- a/src/masternode/meta.h
+++ b/src/masternode/meta.h
@@ -16,6 +16,7 @@
 class CConnman;
 
 static constexpr int MASTERNODE_MAX_MIXING_TXES{5};
+static constexpr int MASTERNODE_MAX_FAILED_OUTBOUND_ATTEMPTS{5};
 
 // Holds extra (non-deterministic) information about masternodes
 // This is mostly local information, e.g. about mixing and governance
@@ -35,6 +36,7 @@ private:
     // KEEP TRACK OF GOVERNANCE ITEMS EACH MASTERNODE HAS VOTE UPON FOR RECALCULATION
     std::map<uint256, int> mapGovernanceObjectsVotedOn GUARDED_BY(cs);
 
+    std::atomic<int> outboundAttemptCount{0};
     std::atomic<int64_t> lastOutboundAttempt{0};
     std::atomic<int64_t> lastOutboundSuccess{0};
 
@@ -59,6 +61,7 @@ public:
                 obj.nLastDsq,
                 obj.nMixingTxCount,
                 obj.mapGovernanceObjectsVotedOn,
+                obj.outboundAttemptCount,
                 obj.lastOutboundAttempt,
                 obj.lastOutboundSuccess
                 );
@@ -78,9 +81,10 @@ public:
 
     void RemoveGovernanceObject(const uint256& nGovernanceObjectHash);
 
-    void SetLastOutboundAttempt(int64_t t) { lastOutboundAttempt = t; }
+    bool OutboundFailedTooManyTimes() const { return outboundAttemptCount > MASTERNODE_MAX_FAILED_OUTBOUND_ATTEMPTS; }
+    void SetLastOutboundAttempt(int64_t t) { lastOutboundAttempt = t; ++outboundAttemptCount; }
     int64_t GetLastOutboundAttempt() const { return lastOutboundAttempt; }
-    void SetLastOutboundSuccess(int64_t t) { lastOutboundSuccess = t; }
+    void SetLastOutboundSuccess(int64_t t) { lastOutboundSuccess = t; outboundAttemptCount = 0; }
     int64_t GetLastOutboundSuccess() const { return lastOutboundSuccess; }
 };
 using CMasternodeMetaInfoPtr = std::shared_ptr<CMasternodeMetaInfo>;
diff --git a/src/net.cpp b/src/net.cpp
index 26210f2c82..adb8dc3ebd 100644
--- a/src/net.cpp
+++ b/src/net.cpp
@@ -2476,8 +2476,11 @@ void CConnman::ThreadOpenMasternodeConnections()
         });
         if (!connected) {
             LogPrint(BCLog::NET_NETCONN, "CConnman::%s -- connection failed for masternode  %s, service=%s\n", __func__, connectToDmn->proTxHash.ToString(), connectToDmn->pdmnState->addr.ToString(false));
-            // reset last outbound success
-            mmetaman.GetMetaInfo(connectToDmn->proTxHash)->SetLastOutboundSuccess(0);
+            // Will take a few consequent failed attempts to PoSe-punish a MN.
+            if (mmetaman.GetMetaInfo(connectToDmn->proTxHash)->OutboundFailedTooManyTimes()) {
+                LogPrint(BCLog::NET_NETCONN, "CConnman::%s -- failed to connect to masternode %s too many times, resetting outbound success time\n", __func__, connectToDmn->proTxHash.ToString());
+                mmetaman.GetMetaInfo(connectToDmn->proTxHash)->SetLastOutboundSuccess(0);
+            }
         }
     }
 }