June: Launch of Pollo revenue sharing
July: Jackpot
August: Launch of Pollo DAO
Sorry for the delay. We’ ll proceed with the above.
Pollo Basic Income has had a difficult period with the PDO price falling below $1.00 and not being able to recover $1.00 for a long time.
But, Pollo Vaults is alive and well, and you should not forget the fact that you will continue to receive revenue share even if the price of PoFi goes down due to market conditions. Also, Pollo Vaults’ double rewards are the highest in the industry and are unmatched.
The groundwork is…
Pollo Vaults will start around 12:00pm (UTC) on June 9.
Listed Pairs
10x PDO-BUSD LP by Pollo BI
10x sPDO-BUSD LP by Pollo BI
05x PoFi-BUSD LP by Pollo BI
05x PoFi-BNB LP by Pollo BI
05x PoFi pool by Pollo BI
03x Dollaremon cCBD-BUSD LP
03x Dollaremon sCBD-BUSD LP
01x CAKE-BNB LP by Pancake
01x BUSD-BNB LP by Pancake
01x USDT-BUSD LP by Pancake
01x OIN-BNB LP by Pancake
01x CAKE pool by Pancake
01x BANANA-BNB LP by Apeswap
01x BANANA pool by Apeswap
Fee
Deposit fee: 1.0%
Harvest fee: 1.0%
Withdraw fee: 0%
Double Reward
By depositing your assets with Pollo Vaults, you…
Pollo Basic Income has been unable to resist the trend that algorithmic staple coins in general are facing, which is to breakdown $1.
However, this does not mean the end. As we have mentioned before, the number of PDO’s issued is very small, so it should come back soon when liquidity increases.
We apologize for the inconvenience. We will announce future news.
🐣Pollo Vaults will launch on June 9
We were not able to keep our promise to launch in May.
Pollo Vaults will launch on June 9 at 12:00pm (UTC).
The scheduled pairs are as follows:
PDO-BUSD LP by Pollo BI
sPDO-BUSD LP by Pollo BI
PoFi-BUSD LP by…
Thank you for your patience.
Here are the winners who made Pollo so much fun. Thank you to all those who unfortunately did not win.
🐣1st prize (10BNB)
@FBS33596570
🐣2nd prize (3BNB)
@over100RTP
@Henry_Room1837
@saorsa64449465
🐣3rd prize (1BNB)
@nanoa_100055333
@den__tan
@365chinamin
@Avein59489900
@crypto_pimpong
@0110_ghost
@blazingthirdeye
@sakra244
@ccj71840855
@kamejir0u
We will send your BNB to the wallet address you entered in the Google form. Please wait.
About the distribution of 10BNB
We will send 0.050251256 BNB to each of the 199 applicants, for a total of 10 BNB. Please wait for the BNB to be sent to the wallet address you have entered in the Google Form.
The development of vaults is going well at the moment. We are working on the backyard side. For example, we are adjusting the strategy values.
The following is the completed image.
Adjustment of the magnification
On short notice, we will be changing the Shares multiplier as follows.
Currently, our goal is to get the Boardroom up and running to a certain extent. Please understand that this is not a permanent measure.
Shares
- Earn sPDO by PDO-BUSD LP 160x -> 200x
- Earn sPDO by PDO 5x (new)
Change Time: As soon as it is ready.
We will continue to monitor the PDO price.
The Pollo…
Click here for the original report of this article: https://drive.google.com/file/d/12_5D1MWxBNBEfT-18mlJRzk1KJaAGvUY/view?usp=sharing
1. Basic Structure of PDO Economy
Real demand for PDO creates demand for PDO in the exchange market. In order to recover the PDO value, inviting new projects using PDO is needed.
The Pollo ecosystem is as described in Figure 1. PoFi is the ticket to ride on the DAO to supply ideas for the PDO economy, where PDO is circulated as the method of payment. While the PDO economy keeps on going well, PDO value is sustained around $1.00, as expected, and the dividend on sPDO is distributed. …
🐣The Price of PDO
Despite two open market interventions, the TWAP of PDO did not exceed $1. We understand the disappointment drifting from the Pollo family about the lack of boardroom resumption.
Once again, we must get the PDO back up to $1 and reopen the boardroom. We will do what we can now to make that happen.
- There will be a more extensive open market intervention on May 3rd after 12:30pm (UTC)
- The Pollo team reserves the right to revoke the whitelist if a whitelisted person sells a large number of PDOs.
- The Pollo team may refuse to whitelist wallet addresses that are…
Please read the original report: https://pollofinancegroup.medium.com/toward-sustainable-growth-of-the-pollo-community-f2f895df97ee
In this article, we will tell you about it from a different angle.
🐣First, about PoFi
PoFi is responsible for the following
- Voting rights in the Pollo DAO
- The right to receive 30% of the DAO funds
- The right to receive Pollo revenue sharing
- The right to receive the jackpot (one time only)
Since none of them have been implemented yet, how much sense does it make to have PoFi now? I understand the skepticism.
However, we will not fail in our promise to implement these things. Thank you all for your patience.
🐣About PDO
What we need now…
Dear Community Members:
By our operation, PDO once recovered $1.00 yesterday, but it returned back to $0.96 after a while. We plan to intervene into the PDO market on the second round to recover its value. The operation is implemented at a certain point after 10:00 am (UTC+0).
Thank you very much for your understanding,
Dear Community Members:
Recent PDO value keeps around $0.65. We plan to intervene into the PDO market to recover and sustain one-dollar value for PDO. The operation is implemented at a certain point after 4:00 pm (UTC+0).
Thank you very much for your understanding,
2:30 pm, April 29, 2021 (UTC+0) Pollo Finance Board Members
