In a bid to decentralize the global financial system, Pollen DeFi is announcing an upcoming release of its IDO platform. They hope that this will bring order and transparency back with more security than ever before. However, some experts are skeptical about how successful it can be given the current state of blockchain in finance.
Pollen, a DeFi index platform, just launched IDO, a PLN token, on Roco Finance’s launchpad.
Roco Finance is a decentralized GameFi platform based on Avalanche that, in addition to delivering blockchain services to game developers, content providers, and player communities, also works with the RocoStarter IGO platform to encourage new businesses in the seed and incubator stages.
The first DeFi IDO from RocoStarter.
Pollen DeFi is a new DeFi protocol that allows community-managed asset portfolios and indexes to be created. On RocoStarter, it just started registration for its IDO.
The $PLN #IDO has been announced.
We’ve teamed up with @RocoFinance, an up-and-coming #Avalanche native #launchpad.
Pollen DeFI IDO details may be found here: https://t.co/OfVqns36ML
Last opportunity to purchase $PLN before Thursday’s token launch pic.twitter.com/kPPL9UDCH9
10 December 2021 — Pollen DeFi (@PollenDeFi)
The site will enable traders to develop a reputation and climb the leaderboard while collecting prizes, according to the protocol’s architecture.
At the same time, ‘passive’ users may delegate governance tokens and share benefits with those who manage portfolios effectively.
There is no such thing as a blue pill when it comes to Pollen.
💊 Create a portfolio of your work. Ascend the ranks of the leaderboard. Earn money in Polish zlotys.
💊 Delegate to high-performing employees. Relax. Divide the $PLN they received as a result of their wise choices.
The #DeFi red pill is pollen. Trade with one another. Together, we can win.
@dqqxl05zcl pic.twitter.com/dqqxl05zcl
November 27, 2021 — Pollen DeFi (@PollenDeFi)
“We plan to be a significant project in the Avalanche ecosystem,” Pollen stated on Twitter, adding that the choice to not launch on Ethereum was taken “in response to community input.”
Since we made the choice, @el33th4xor, we’ve gotten a lot of love from the @avalabsofficial team and the @avalancheavax community.
We want to be a major player in the #avalanche ecosystem, bridging the gap between projects and communities in a novel way: Indexes that are administered by the community https://t.co/sjDhJBSbhd
December 11, 2021 — Pollen DeFi (@PollenDeFi)
Providing more people with access to tailored cryptocurrency portfolios
The Pollen DeFi ecosystem’s governance token, PLN, lies at the heart of everything.
Users may use PLN to actively manage a portfolio on the site and earn extra PLN as a reward if they are successful.
The coin also allows ‘passive’ users to allocate their governance tokens to the top traders.
On RocoStarter, those who wish to register for the Pollen DeFi IDO must stake 500 ROCO tokens for a period of 15 days.
@RocoFinance is happy to announce that registration for the @PollenDeFi #IDO is now open.
To join in #PollenDeFi #IDO, stake 500 $ROCO tokens today at https://t.co/1WPaRXPBgT.
Details: https://t.co/p1O1yQnIMb#AvalancheSpace #Avalanche pic.twitter.com/KS7wYvrkUJ#AvalancheSpace #Avalanche
— Avalanche Space (@Avalanche Space) December 13, 2021
Registration for the event began on December 13 and will close on December 15.
More than 4000 wallets have already signed up to take part in our @RocoFinance #IDO.
We can never express our gratitude enough for your support, and we will never forget our early community.
How many people do you think we can get before the registration deadline on December 15th? pic.twitter.com/CsJaEtCjqm
December 14, 2021 — Pollen DeFi (@PollenDeFi)
Disclaimer: has a financial stake in Pollen DeFi and was invited to participate in the project’s presale in return for news, analysis, and other forms of publicity. This story was not paid to be published.
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