Call for PDO usecases

Pollo
2 min readMay 3, 2021

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 is a use case for PDO, PDO-BUSD LP.

If PDO distribution does not start, Pollo will not thrive and the Pollo revenue sharing distribution will be sparse.

If PDO is used in the market, it will create buying pressure for PDO and the boardroom will start moving again. Once the boardroom starts to move, the revenue to Pollo will resume, and a virtuous cycle will be born.

After this, we will have a third open market intervention, but the funds are limited.

There is still room for growth in PDO. It is currently at only 83 epochs, with a total supply of 600,000. It is not an algorithmic staple coin that will end up like this.

After this, we will have a third open market intervention, but the funds are limited.

There is still room for growth in PDO. It is currently at only 84 epochs, with a total supply of 600,000. This is not the end of the world.

If you are a business that would like to partner with us, please contact us on the offer channel on Discord
https://discord.gg/JFNSeGKPGF

If you have an idea for a partner, please contact the idea channel on Discord
https://discord.gg/JFNSeGKPGF

If you’d like to help Pollo get off the ground, please fill out the skill sheet
https://docs.google.com/forms/d/e/1FAIpQLScpyVUHP9Q3rMAsKtIq2Soym3glBgoevZEdhJzwEY0uAJeefA/viewform

In addition, we will share the following ideas that have been proposed, but cannot be promised to be realized. Please understand that this is as a result of giving top priority to Pollo Vaults.

  • Establishment of pools other than sPDO harvest, such as Earn BUSD by PDO-BUSD (development will start later than Vaults)
  • Reduction of Deposit Fee and Harvest Fee based on the amount of PoFi held (new development required)

Note: Pollo team’s approach in the past.

Beefy No reply
bVaults No reply
Swamp Replied
Planning to apply for Apeswap BUIDL program, need to migrate to Apeswap LP.

We are currently using the Pancake LP, but will be migrating to the Apeswap LP by the end of May. There will be a change in compatibility with the Pancake fork project in the future. The specific schedule is under confirmation.

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