What’s Pollo?

Pollo is a DeFi protocol that aims to make basic income in digital currencies a reality.

Who are you?

The Pollo Finance Team consists of blockchain engineers, cryptocurrency economic experts and specialists from various fields.

Why is the hard cap 21 million?

The limit of 21 million is just a tentative number. The limit will be reached in 2025, but there is room for adjustments. By using fair methods such as voting within the DAO’s community, it can be decided whether the hard cap is maintained, increased or abolished. The ones who decide are yourselves.

Why is a 5% Deposit Fee required?

We believe that because we are able to use the funds gained through the deposit fee to do effective marketing, it will result in a profit for the participants in the end.

Breakdown

> Farms

Buy Back & Burn 3%
Dev / Team Incentives 1.5%
Community Fund 0.5%
Total 5%

Please tell me more about referrals

Referrals refer to the incentive program where the referrer can receive 5% of the PoFi that can be obtained through the PoFi Pool.

What is happening with the token metrics?

Token: PoFi
Chain: Binance Smart Chain (BEP-20)

>Emission Rate

Reward Per Block: 0.5 PoFi (1 block is approximately 3 seconds)
Daily Emission (Based on 28.8k blocks / day) - 14.4k PoFi / day

> Fees

(Deposit fees)
PoFi-BNB(cake-LP) / PoFi-BUSD(cake-LP) 0%
A flat-rate fee of 5% for all others

Breakdown of Fees

> Farms

Buy Back & Burn 3%
Dev / Team Incentives 1.5%
Community Fund 0.5%

> Pools

Referral Reward 5%
(If no referrals, it will be the same as Farms)

> Initial stage mint

Pollo first issued 40,000 PoFi.
The breakdown is as follows:

What are the possible risks?

> Loss of Capital

With any token, there is a possibility that the value will decline.

> IL (Impermanent Loss)

There may be a risk of (impermanent) capital loss from asset rebalancing in the Automated Market Maker (“AMM”) pool

> Smart Contract Risks

While we make our best efforts to test all our codes and run multiple unit tests, there are always possibilities of unforeseen bugs and issues. In order to minimise these risks and to increase safety, we plan on conducting an audit regularly.