AscendEX is pleased to announce the listing of the Pollen Token (PLN) on AscendEX under the PLN/USDT trading pair, which will begin around January 11 at 2 p.m. UTC.
Pollen DeFi is a protocol that is assisting in the advancement of DeFi and Web 2.0. They’ve added an additional commodity to the Avalanche and Ethereum blockchain environments, respectively. To democratize asset portfolio management, the Pollen network uses an automated liquidity protocol and an asset governance architecture. To leverage the larger market, this strategy relies upon communal information plus judgment.
Pollen’s administration protocols also entirely decentralize the procedure by relying on redistributive decision-making and collective ownership. The open Pollen protocol and its merit-based system recognize and encourage the best ideas inside the ecosystem.
By allowing community members to stake PLN tokens on synthetic, virtual investments, the system continually gathers collective knowledge. To offer signals intelligence for the protocol to perform automatic trades, these tokens are exposed to asset values.
The majority of index projects are highly centralized, unstable, and inefficient, with only a few asset managers running the benchmark or depending on simple rebalance techniques. By implementing the on-trade reputation system, Pollen enables truly decentralized asset management by leveraging the wisdom of the public.
Customers may operate simulated wallets using the pollination protocols, as well as the software then uses signals from top performers to trade for and rebalance indexes properly.
Pollen enables anybody to play a number of positions, such as buyers, financial analysts, or either. Pollen devised an objective system to recognize and reward those who make the best investment decisions on behalf of the portfolio, and those who assist in portfolio management. Furthermore, by establishing this merit-based structure, Pollen users may have their portfolio handled 24 hours a day, 7 days a week, with the algorithm automatically adjusting and trading in accordance with marketplace circumstances.
Just on the system, the native ERC20 PLN token is utilized as a governance, reputation, and incentives currency, and is required to run the Pollen network.
AscendEX is a worldwide cryptocurrencies finance framework that combines over one million institutional and individual investors with both the tools they really have to get the most out of their bitcoin assets. AscendEX’s framework, which sits just at the crossroads of centralized and decentralized financial services, offers percentage, commodity derivatives, and pinpoint buying and selling, as well as a robust wallet infrastructure and staking support for over 200 industry-leading blockchain projects, all of which produce industry-leading yields and returns, further propelling the crypto ecosystem forward. AscendEX has emerged as a leading platform by ROI on its “current exchange issues” by backing a few of the company’s top creative initiatives from the DeFi ecosystem in its attempts to nurture scalable and secure forms of decentralised finance.
To read something regarding why AscendEX uses industry standards from both Wall Street and the cryptocurrency ecosystem to provide its members the most value for their money, go to:
PLN (Polish National Currency)
Pollen is indeed a completely decentralized financial advisory software that taps on its community’s collective wisdom. Companies were reducing the constraints that conventional inventory control imposes on shareholders and giving them control.
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