AscendEX Lists Pollen Token, PLN
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
AscendEX is thrilled to announce the listing of the Pollen Token (PLN) under the trading pair PLN/USDT on AscendEX starting on Jan 11 at 2 p.m. UTC.
The Pollen DeFi protocol is helping usher in the evolution of DeFi and Web 2.0. They have introduced a new asset to both the Avalanche and Ethereum blockchain ecosystems. The Pollen network implements an automated liquidity protocol and asset governance model to democratize asset portfolio management. This model utilizes collective intelligence and decision-making to harness the broader market.
Moreover, Pollen's governance protocol fully decentralizes the process through meritocratic decision validation and community control. The open Pollen protocol and its merit-based system reward and empower its community's brightest minds. The protocol constantly harvests crowd wisdom by allowing community members to stake PLN tokens on synthetic, virtual portfolios. These tokens are exposed to asset prices to provide signals intelligence for the protocol to make automated trades.
Most index projects are highly centralized, fragile, and inefficient, with only a few asset managers operating the index or relying on basic rebalancing algorithms. Pollen opens up the possibility for genuinely decentralized asset management by utilizing the knowledge of the crowd by leveraging an on-chain trading reputation system. The pollen protocol allows users to run virtual portfolios, and then the platform takes signals from the top performers to trade for and rebalance indexes accurately.
Pollen allows anyone to perform different roles, including Investors and portfolio managers or both. Pollen created an incentive
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