Pollen is a DAO governance platform that allows participants to launch assets in DEXs that come together to form a larger portfolio. The protocols tracks the performance of community members in DEXs and assigned their performance based on reputation. It's native token $PLN is used to vote on assets pool management proposals and distributed to in DEXs based on reputation. The more tokens delegated to the specific user. The more say they have when it comes to decision making.
Pollen DeFi deployed on Avalanche in response to community demand coupled with an incredible wave of TVL growth, wallet growth and product innovation on the fast, reliable and cost-effective Avalanche chain. Pollen DeFi is a cross-chain project and is actively monitoring DeFi trends and user behavior and listening to the ‘hive mind’ community to inform its roadmap, with a refreshed project timeline in the works.
Every individual can choose who exactly to delegate their governance token to or can delegate pollens collective delegation model delegates the token to the dynamic pool of high performing decision makers.
The protocol features two tokens. The pollen($PLN) governance token and portfolio assets index( $PAI) token.
Pollen DeFi simplifies crypto portfolio management for the next 100 million global investors to enter the future of finance by using a truly decentralized protocol to leverage the power of the ‘hive mind’ to optimize assets for retail users.
PLN is the governance token that is both earned and burned based on portfolio performance. Pollen DeFi users can either manage a portfolio themselves or delegate to proven traders. New portfolios will be created by communities and influential figures via a DAO governance process, allowing communities to tackle crypto portfolio management as a team.
The $PAI token is collateralised by pollen( $PLN) portfolio and is designed to be a non volatile DeFi asset rather than being pegged the dollar. It is designed to provide steady stable growth and act as a safe heaven in terms of market uncertainty or volatility.
Where to Buy
$PLN can be bought on several decentralized crypto exchanges. However, just like most of the other cryptos, you will have to trade your FIAT ($) to a cryptocurrency before moving on to the crypto exchange of your choice.
Trader Joe is one of the largest and most secure FIAT-to-crypto exchange in the Avalanche ecosystem, and this is where most people in fact start their crypto journey.
Tokenomics
Total Supply :- 200M
The Pollen ($PLN) governance token is central to the Pollen DeFi ecosystem. It enables holders to actively manage portfolios and climb the leaderboard if they choose, or to passively earn ‘yield’ in $PLN tokens if that is their preference. It is the reward for making good decisions, and the key to the inner circle of the hive-mind community.
Final Thought
Pollen DeFi, is a first of its kind decentralized asset index where the community holds all the power. Decentralized finance is designed to be by the people, for the people, and Pollen DeFi is acknowledging this by building the first, truly decentralized platform for managing tokenized asset pools. The merit-based DAO provides a reputation-based governance protocol with incentives that leverage the community’s collective wisdom to curate asset pools. In this system, all users of the platform stand to benefit from the contribution of the best-performing participants.