Dear Respected Users,
Hotbit is scheduled to list POFI (Pollo) on Growing Section.
Deposit function launches at: 2021.04.19 06:00 AM UTC
Trading function launches at: 2021.04.19 09:00 AM UTC
Withdrawal function launches at: 2021.04.19 09:00 AM UTC
Trading Pair: POFI /USDT
【Hotbit users exclusively enjoy “Minus Maker Means Minus Transaction Fee” mechanism. By placing and settling any maker order, the user will enjoy 0 transaction fee and an extra 0.50% of the trading volume of his/her maker order as reward on Growing Section!】
Project Name: Pollo
Pollo is a DeFi project that just started on March 16th. The following three protocols will be released sequentially to bring wealth and stability to all participants.
Protocol 1 — Pollo Swap (Yield Farming) Now open
Protocol 2 — Pollo Basic Income (Algorithmic Stablecoin) Open April 3rd
Protocol 3 — Pollo Vaults (Auto Farming) Open in May
Pollo’s ultimate goal is to “create a society where everyone can live in stability. In order to sustain this effort, we are also aiming to “build a DAO (Decentralized Autonomous Organization) where people can get paid for contributing to society.
Pollo is proud to announce that Dr. Saito, a Japanese economist, is supervising the team. The progress of the project will be documented in an academic paper.
In addition, we are auditing every phase, to ensure you can participate with confidence. We are currently undergoing an audit by the company Certik.
What is Pollo Swap?
Pollo Swap is a standard yield farming protocol; if you are familiar with Pancakeswap, you are probably familiar with it.
Pollo Swap also allows you to harvest Pollo’s own token, PoFi, by providing liquidity in BUSD, BNB, etc. See below for the benefits of holding PoFi.
Benefits for PoFi Holders
Benefit 1: Revenue Sharing
If you hold more than 500 PoFi, you will be entitled to profit sharing of Fee generated from all Pollo protocols.
A portion of the Deposit Fee and Harvest Fee generated from the Pollo Basic Income “Shares Pool” and “Boardroom”.
A portion of the Fee revenue from Pollo Vaults
How much revenue it will bring to PoFi holders will be revealed after the launch of Pollo Vaults, described below.
In addition, you will receive a 30% compensation share of Pollo Basic Income’s Community Fund (DAO Fund).
Tips: The Community Fund will receive 10,000 sPDO tokens per year; assuming 1 sPDO = $3000, that’s a market cap of $30M. This means that 30% of that will be shared with PoFi holders.
Benefit 2: DAO Voting Rights
By holding PoFi, you will be able to participate in the DAO (Decentralized Autonomous Organization), which is the key body
Being a DAO member also means that you have the right to execute the 10,000sPDO community fund (DAO fund). If you want to make a contribution to society and get involved in Pollo politics, you should hold a PoFi.
For more information on why PoFi has both “voting rights” and “revenue sharing” functions, please see the following article.
Token type: BEP-20
Total supply: 506,822 POFI (The exact amount please refer to that on blockchain)
Official Website: https://official.pollo.finance/
The investment on cryptocurrency projects is subject to high market risks.Please make your investments cautiously. Hotbit will make best efforts to choose the cryptocurrency projects with high quality,but Hotbit will not be responsible for any of your investment losses.
Thank you for your support！
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