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 Pollo BI
PoFi-BNB LP by Pollo BI
PoFi pool by Pollo BI
cCBD/BUSD LP by Dollaremon
sCBD/BUSD LP by Dollaremon
CAKE-BNB LP by Pancakeswap
BUSD-BNB LP by Pancakeswap
USDT-BUSD LP by Pancakeswap
OIN-BNB LP by Pancakeswap
CAKE pool by Pancakeswap
BANANA-BNB LP by Apeswap
BANANA pool by Apeswap
As a result, the Deposit fee for the Shares pool will be changed to 0%.
Scheduled date of change: June 7, 12:00 pm (UTC)
Pollo Vaults offers the most double rewards in the industry.
If double rewards are added to the traditional Vaults APY, the expected yield will be outrageous.
Please wait for the next article for more details on PVL.
🐣Pollo has partnered with CBD Cash (Dollaremon)
CBD Cash is an algorithmic stable coin with a real asset aspect: below the peg price of 1 cCBD = $20, it has a feature that allows you to exchange it for real CBD: 1 cCBD = 1g CBD.
PoFi is now available on Dollaremon, a CBD Cash company. Apeswap, on the other hand, has decided to hold off.
What is Dollaremon?
Dollaremon is a DEX that has the same exchange and liquidity features as Pancakeswap, but with a mechanism to return most of the generated revenue to the user.