Avalanche, a project that has become very popular in the last year because of the features
it offers.
AVAX is a smart contract-capable blockchain platform focused on transaction speed, low
costs, and eco-friendliness.
Ultimately, what Avalanche hopes to deliver is a highly scalable blockchain that doesn’t
sacrifice decentralization or security.
There have been many interesting projects built on the Avalanche ecosystem, and we want
to talk to you about one that caught our attention today.
I'm Garry, this is Olga and it's nice to see you in another video on our OG Crypto channel!
Today we are going to introduce you to a project, called Pollen DeFi.
But before we get to the actual part of this video, i remind you to leave your subscription
to our channel, and check the bell to receive all notifications from OG Crypto.
Let's get started!
Pollen is a seismic shift in the world of DeFi.
A billion dollar plus market needs an asset managment tool that goes beyond yield farming,
and AMMs.
This community powererd DAO let’s you call the shots, voting on and directly influencing
the index.
A dynamic AI ensures the index token is always stable allowing investors to securely set
up their own asset pools and share them with the community—The more you participate the
more you earn.
Pollen DeFi simplifies crypto portfolio management.
It provides new opportunities to earn for both profitable traders and those wishing
to hold dynamically managed portfolios, without the need for them to manage allocations and
assets themselves.
Now let's talk about the token, from Pollen, which carries the symbol $PLN.
$PLN is the utility token that unlocks the Pollen DeFi ecosystem.
Features include asset management, the ability to delegate to top performing traders or self-manage,
the creation of topical portfolios by influential traders and community owners through a DAO,
tokenized asset indexes, and the ability to earn (or burn) $PLN through good or bad portfolio
choices.
It is also worth mentioning where you can purchase the Pollen token, and there are two
ways to do this.
The first way is to use the Trader Joe's decentralized exchange.
This is an exchange that allows you to purchase tokens on the Avalanche network and the whole
purchase procedure is very similar to that of PancakeSwap for example.
The first step is to connect our wallet, for example Metamask.
Then when we are logged into our account we have to add the Avalanche network to our wallet.
Just press the button "Switch to Avalanche Chain" and confirm the operation in your wallet.
To buy $PLN tokens you have to use ARC20 contract address which you can find at the top of Pollen
project page.
After copying it, just paste it on the TraderJoe exchange and add it as a token.
Now you can start trading.
If you want to learn more about the Trader Joe's stock market, there was a video about
it on Olga's channel a while ago, so you can check it out for yourself.
The second way, which is much easier, is to use the AscendEX exchange, where Pollen tokens
are available for trading in the USDT pair for several days.
Remember that all the links to buy the token can be found in the description of this video,
so be sure to check it out.
With funding and support from VCs including Protocol Ventures, Fomocraft Ventures,
AventuresDAO, Rarestone Capital and Alphabit, Pollen DeFi is set to
unleash a game-changing set of product features into the emerging suite of multi-chain DeFi
2.0 protocols.
Pollen has been building for more than a year, amassing an experienced team with professional
experience from the fields of finance, governance, data sciences, mathematical modeling, smart
contract development and product creation.
Pollen DeFi is set to disrupt a multi-trillion dollar market with a truly decentralised asset
management ecosystem.
It is a true innovation in asset management, offering an enjoyable way to manage crypto
portfolios and participate in indexes as a community.
It is unlike any other platform, it is truly decentralised.
In addition, you can learn many interesting things from the project documentation
Their mission is to provide equal access to managed crypto portfolios.
They need to deploy on blockchains that currently support that mission and do not form a barrier
to broad participation.
They have always been a cross chain project.
In testing, Pollen Team have created bridges and deployed native products on multiple EVM
compatible chains.
With our product close to completion, they have reviewed market fit and asked our community.
In addition, the Pollen project team wants to launch their project on many other chains.
These include Ethereum, Moonbeam, Polygon, and Terra.
In our opinion, Pollen project has a really big potential.
The features that Pollen wants to introduce will definitely make navigating the DeFi world
more intuitive and enjoyable.
The fact that the project has just appeared on the Avalanche ecosystem is a very good
idea.
Share in the comments below this video what you think about today's project.
Thank you very much for watching this video.
If you've made it this far, I again remind you to leave a paw up, and subscribe to the channel.
See you in the next video, bye!