Pollen Is Live on Mainnet With First Virtual Asset Management Module

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The platform’s first and foun­da­tion­al trad­ing sim­u­la­tion prod­uct Pollen Vir­tu­al was deployed on the main­net after a com­mu­ni­ty vote, lay­ing the ground for the upcom­ing, asset-backed Pollen Indexes. 

Last week, decen­tral­ized cryp­to asset man­age­ment plat­form Pollen marked the main­net launch of Pollen Vir­tu­al – a trad­ing sim­u­la­tion tool allow­ing users to cre­ate, man­age and del­e­gate to vir­tu­al port­fo­lios, there­by gen­er­at­ing sig­nals for the upcom­ing asset-backed Pollen Indexes. 

In line with Pollen’s DAO struc­ture, the launch of Pollen Vir­tu­al was vot­ed in by a 99% major­i­ty of PLN token holders. 

The result of two years of devel­op­ment and six months of active test­ing by more than 7,000 com­mu­ni­ty mem­bers, Pollen Vir­tu­al lets users test their trad­ing strate­gies in a sand­box envi­ron­ment, encour­ag­ing them to com­pete in out­per­form­ing the mar­ket to earn rep­u­ta­tion and PLN token rewards. 

It builds on exist­ing, token reward-dri­ven trad­ing sim­u­la­tion con­cepts thanks to its pro­pri­etary rep­u­ta­tion scor­ing algo­rithm and del­e­ga­tion fea­tures, allow­ing top traders to show­case their abil­i­ties and those less con­fi­dent to entrust their PLN to top-per­form­ers for an 80% share of the profit. 

Although a stand­alone prod­uct in its own right, Pollen Vir­tu­al lays the foun­da­tions for the Pollen ecosys­tem – a cir­cu­lar, self-per­pet­u­at­ing asset man­age­ment mech­a­nism to be com­plet­ed with Pollen Indexes. 

By incen­tiviz­ing vir­tu­al trad­ing via PLN rewards, Pollen har­vests traders’ col­lec­tive intel­li­gence, con­vert­ing it into sig­nals to be fed into its asset-backed, com­mu­ni­ty-dri­ven Pollen Index­es launch­ing by Q4 2022. 

“We are devel­op­ing a liv­ing, breath­ing asset man­age­ment ecosys­tem run by a hive mind – tru­ly decen­tral­ized, com­mu­ni­ty-dri­ven, and mer­i­to­crat­ic. The launch of Pollen Vir­tu­al is a first impulse, which sets this hive mind’s cogs in motion.” “That our com­mu­ni­ty vot­ed so over­whelm­ing­ly in favor of bring­ing this prod­uct to mar­ket gives us all the more con­fi­dence that Pollen is on the right track.”

Philip Ver­rien, Co-founder and Project Lead at Pollen.

Pollen Vir­tu­al boasts a 106M PLN reward pool to be dis­trib­uted over four years. It can be accessed via app.pollen.id and requires users to stake a min­i­mum of one PLN to cre­ate a port­fo­lio or start delegating. 

About Pollen

Pollen was found­ed in 2021 as the first-of-its-kind decen­tral­ized cryp­to asset man­age­ment suite, where the com­mu­ni­ty holds all the power. 

Oper­at­ed by the mer­it-based Pollen DAO, its gov­er­nance pro­to­col lever­ages users’ col­lec­tive intel­li­gence to curate asset pools in a sys­tem that enables all par­tic­i­pants to ben­e­fit from the con­tri­bu­tion of the top-per­form­ing traders. 

Pollen’s core offer­ing com­pris­es vir­tu­al port­fo­lio and asset-backed index man­age­ment tools, due to launch on main­net in Q2 and Q3 2022. 

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Disclaimer

All the infor­ma­tion con­tained on our web­site is pub­lished in good faith and for gen­er­al infor­ma­tion pur­pos­es only. Any action the read­er takes upon the infor­ma­tion found on our web­site is strict­ly at their own risk.



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