It’s time to introduce CT to a full overview of #PollenDeFi and what we are working on!
Let's see how you can participate in a revolutionary DeFi 2.0 protocol and profit from it.
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Let's see how you can participate in a revolutionary DeFi 2.0 protocol and profit from it.
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Who is behind Pollen?
Pollen has a team of about 25 members counting amongst us 4 Ph.D.’s and decades of experience from various business backgrounds and #blockchain fields!
Check out our dream team here:
medium.com/pollen-defi/po…
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Pollen has a team of about 25 members counting amongst us 4 Ph.D.’s and decades of experience from various business backgrounds and #blockchain fields!
Check out our dream team here:
medium.com/pollen-defi/po…
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What is Pollen?
Pollen introduces a fully decentralized asset management protocol ushering in the evolution of community investing.
The Pollen protocol implements an automated liquidity protocol and asset governance model designed to democratize asset portfolio management.
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Pollen introduces a fully decentralized asset management protocol ushering in the evolution of community investing.
The Pollen protocol implements an automated liquidity protocol and asset governance model designed to democratize asset portfolio management.
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Our model leverages collective intelligence and decision-making to outperform the wider market.
Moreover, Pollen’s governance protocol fully decentralizes the process through meritocratic decision validation and community control.
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Moreover, Pollen’s governance protocol fully decentralizes the process through meritocratic decision validation and community control.
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The Pollen protocol uses collective decision-making, user portfolio signals, and governance mechanisms to create a participatory token economy.
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Unlike traditional index funds, Pollen asset pools are actively managed via decentralized governance, and asset allocations are continually rebalanced and optimized for markets that operate 24/7.
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Pollen is here to make DeFi better for everyone and has chosen #Avalanche for its platform launch.
In our opinion, it is one of the best growing L1 with fast and cost-effective transactions.
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In our opinion, it is one of the best growing L1 with fast and cost-effective transactions.
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$PLN Token:
The Pollen ($PLN) governance token is at the core of all activity in the Pollen DeFi ecosystem.
The main functions of the Pollen governance token👇
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The Pollen ($PLN) governance token is at the core of all activity in the Pollen DeFi ecosystem.
The main functions of the Pollen governance token👇
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▫️ Allow users aka #Pollenators to actively manage virtual portfolios on the platform.
If they make good decisions, they earn $PLN rewards. If they make bad decisions, $PLN will be burned
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If they make good decisions, they earn $PLN rewards. If they make bad decisions, $PLN will be burned
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▫️ Allow passive delegators to delegate their $PLN tokens to the best performing traders and share $PLN tokens as rewards for good decisions made
▫️ Allow users to stake $PLN for extended periods of time in order to create fully-backed asset pools
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▫️ Allow users to stake $PLN for extended periods of time in order to create fully-backed asset pools
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Ok great but I still don’t understand anything about Pollen…!
So, let’s take another approach. Pollen can be described in a similar way to Fantasy Football.
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So, let’s take another approach. Pollen can be described in a similar way to Fantasy Football.
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Instead of creating your winning team out of star players, you create your winning portfolio out of star investment ideas.
Afterward, you let your portfolio compete with other players.
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Afterward, you let your portfolio compete with other players.
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Just like in Fantasy Football, what looks like a winning strategy on paper is not always a guarantee for success.
No one wins all the time!
Thus, the winners in Pollen DeFi are those who win on the most regular basis.
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No one wins all the time!
Thus, the winners in Pollen DeFi are those who win on the most regular basis.
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In Fantasy Football, if your team is at the top of the leaderboard, you can win prizes at the end of the season, as well as each week.
If you’re regularly at the top, other players will likely try to copy your strategy so that they can also win these prizes.
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If you’re regularly at the top, other players will likely try to copy your strategy so that they can also win these prizes.
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Similarly, with Pollen DeFi, if your investment ideas make you a top Pollenator, then more delegators will try to copy your ideas and delegate their $PLN to you.
You will also then earn a share of their profits in the process.
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You will also then earn a share of their profits in the process.
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The dream of every Fantasy Football player is to influence which players their favorite football club buys.
What if a top football club took all the top suggestions from the best Fantasy Football players to make one Dream Team?
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What if a top football club took all the top suggestions from the best Fantasy Football players to make one Dream Team?
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Asset pools in Pollen work in a similar way.
All the winning ideas from the top Pollenators get summarized into one winning portfolio and investors can invest in that pool by buying the pool token.
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All the winning ideas from the top Pollenators get summarized into one winning portfolio and investors can invest in that pool by buying the pool token.
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Their funds automatically get converted into the assets of this winning portfolio.
When Pollenators update their investment strategy, the asset pool rebalances to follow the new strategy.
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When Pollenators update their investment strategy, the asset pool rebalances to follow the new strategy.
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Similar to how if your real team starts losing matches, you start substituting the players who underperform with better players.
Now, let’s dig further into our core features and UI.
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Now, let’s dig further into our core features and UI.
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The Homepage tab gives an overview of the platform usage:
▫️ Total amount of $PLN staked
▫️ Total amount of $PLN earned or burned
▫️ Average portfolio allocations across those with the highest reputation
▫️ Top 10 #Pollenators (based on % changes on portfolio)
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▫️ Total amount of $PLN staked
▫️ Total amount of $PLN earned or burned
▫️ Average portfolio allocations across those with the highest reputation
▫️ Top 10 #Pollenators (based on % changes on portfolio)
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The Virtual Portfolio tab is where most of the action happens.
Users can create and balance a selection of crypto assets to capture the most upside when price increases, and limit the downside when the price decreases.
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Users can create and balance a selection of crypto assets to capture the most upside when price increases, and limit the downside when the price decreases.
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As a #Pollenator, you are balancing the asset weights of a virtual portfolio.
You will earn $PLN if your portfolio allocations gain positive returns and burn $PLN if your investments underperform.
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You will earn $PLN if your portfolio allocations gain positive returns and burn $PLN if your investments underperform.
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You can always update your portfolio to take into account market movements and strategy changes (once per hour for now).
Recap of the Virtual Portfolio features:
▫️ Create your portfolio of crypto assets
▫️ Stake $PLN and set up your portfolio allocations
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Recap of the Virtual Portfolio features:
▫️ Create your portfolio of crypto assets
▫️ Stake $PLN and set up your portfolio allocations
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▫️ Rebalance your assets at will
▫️ Close your portfolio
▫️ Track your performance
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▫️ Close your portfolio
▫️ Track your performance
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The Leaderboard tab makes it easy to check everyone’s ranking.
The ranking system is based on Reputation which is a key metric for all the Pollenators.
The higher your reputation, the higher your leaderboard position.
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The ranking system is based on Reputation which is a key metric for all the Pollenators.
The higher your reputation, the higher your leaderboard position.
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In the Pollen ecosystem, the Reputation Score is earned by comparing Pollenator value versus the market benchmark. The game is to beat the market.
The better you are at beating the market, the better your Reputation Score is.
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The better you are at beating the market, the better your Reputation Score is.
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Reputation Scores are defined as the compounded return assuming an initial stake of 100 $PLN in each virtual portfolio.
This makes the score insensitive to the amount of $PLN staked.
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This makes the score insensitive to the amount of $PLN staked.
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Check this article if you wish to dig deeper into the reputation score calculation:
medium.com/pollen-defi/po…
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medium.com/pollen-defi/po…
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The Delegate tab will be used to delegate your $PLN to another user.
As exciting and lucrative as it can be, not everyone wants to actively manage a portfolio on #PollenDefi.
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As exciting and lucrative as it can be, not everyone wants to actively manage a portfolio on #PollenDefi.
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For those who are looking for a more passive way to get involved with our platform, we are developing a Delegation module that will be shipped with #PollenDeFi mainnet V1.
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Delegation is the act of assigning your $PLN to skillful Pollenators to share in a portion of the rewards they earn based on their performance.
But how do you decide which #Pollenators you want to delegate your $PLN to?
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But how do you decide which #Pollenators you want to delegate your $PLN to?
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Check the #leaderboard and review the performance metrics of each active portfolio manager.
If you change your mind can always reassign your $PLN to another #Pollenators later.
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If you change your mind can always reassign your $PLN to another #Pollenators later.
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Last but not least, we want to give you a preview of a very exciting feature we are working on called “Community-driven Asset Pools”
Let's first define what an Asset Pool is!
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Let's first define what an Asset Pool is!
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The Pollen protocol leverages reputation and provides incentives to collectivize intelligence from protocol users.
Pollen enables the finest #Pollenators in the community to balance Asset Pools together and be rewarded for sharing Alpha.
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Pollen enables the finest #Pollenators in the community to balance Asset Pools together and be rewarded for sharing Alpha.
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Asset Pools: fully backed portfolios of crypto assets that are managed with different allocation strategies.
When it comes to securing assets and rebalancing, the asset pools utilize liquidity pools to fulfill orders.
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When it comes to securing assets and rebalancing, the asset pools utilize liquidity pools to fulfill orders.
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Through governance, asset pool users can determine if they’d like to subscribe to investment intelligence or “signals”.
These signals are generated using data from how the Pollen community manages their virtual portfolios.
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These signals are generated using data from how the Pollen community manages their virtual portfolios.
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Asset Pool Tokens: Each asset pool has its own corresponding asset pool token contract.
The asset pool tokens are used to represent the participation and value of an individual’s position in a particular asset pool.
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The asset pool tokens are used to represent the participation and value of an individual’s position in a particular asset pool.
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In summary, the Asset Pool Balancing module will aggregate the data from the best performing Pollenators and derive signals.
It will use the signals to balance Asset Pools backed with the underlying tokens.
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It will use the signals to balance Asset Pools backed with the underlying tokens.
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How can I get on the Whitelist Beta?
We’re currently running a whitelisted Beta Contest with a 218k+ $PLN prize pool for the Alpha testers + Launchpool AME + ROCO IDO participants.
Check here if you haven’t yet set up your portfolio:
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We’re currently running a whitelisted Beta Contest with a 218k+ $PLN prize pool for the Alpha testers + Launchpool AME + ROCO IDO participants.
Check here if you haven’t yet set up your portfolio:
https://twitter.com/RocoFinance/status/1494429047811715074
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The main purpose of the beta is to detect bugs and improve the ability of the protocol to derive good quality signals from the #Pollenators to balance Asset Pools when the mainnet goes live.
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Follow us on @PollenDeFi and t.me/pollenannounce… to be informed of all the latest updates!
We would also be grateful if you could share this thread by retweeting the first tweet below
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We would also be grateful if you could share this thread by retweeting the first tweet below
👇
https://twitter.com/PollenDeFi/status/1495684675976802305?s=20&t=V_4HaZKW5N4ZwFKXH5tLZg
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