Pollen Price (PLN)

Pollen is a DeFi asset allocation platform that aims to allow users to create custom asset pools that are completely optimized and dynamically rebalanced. Dynamic rebalancing helps ensure that the index token is optimized frequently, allowing users to start sharing their asset pools with the community safely. The platform seeks to reinvent asset management, decrease market risk, and provide a safe place for market fluctuation. The Pollen protocol utilizes collected data created by a community-governed consensus layer to dynamically rebalance assets and optimize for markets that operate 24 hours a day.

Currently, the billion-dollar market requires an asset management tool that goes further than yield farming and AMMs. Pollen seeks to highlight digital portfolios to directly influence the index as a community-powered DAO, thereby releasing the potential of marketplaces. The platform's users are community members aware of DeFi and strive to shape the indexes so that the entire community benefits. Users' community standing increases when their digital portfolios perform better, and the influence over the indexes grows as they earn more governance tokens. Any user can utilize the platform to build their unique asset pools. Successful indexes can then be made public, earning users community merit and tokens.

According to its whitepaper, the Pollen protocol employs community decision-making, user portfolio signals, and governance mechanisms to establish a participatory token economy.

The platform employs two tokens: the PLN utility governance token and the vePLN governance token powered by votes. PLN token holders can establish, manage, or delegate virtual portfolios to earn rewards and participate in the platform DAO's governance. Furthermore, PLN token holders can lock their PLN tokens in exchange for vePLN tokens to obtain increased benefits. The user's voting rights are represented by vePLN tokens, which are non-transferable ERC-20 tokens.

The Pollen protocol was cofounded by Benjamin Lock, Philip Verrien, and Adam Clarke in 2021. Adam has 12 years of product design and software development experience. Verrien has been active with the blockchain sector since early 2013 and has a particular interest in decentralization and governance frameworks. Benjamin has created a UK-based cryptocurrency investor show. The total supply of Pollen Token is 200,000,000 PLN.

We update our Pollen to USD currency in real-time. Get the live price of Pollen on Coinbase.

The current market cap of Pollen is $106.06K. A high market cap implies that the asset is highly valued by the market.

The all-time high of Pollen is $1.62. This all-time high is highest price paid for Pollen since it was launched.

Over the last 24 hours, the trading volume of Pollen is $7.35K.

Assets that have a similar market cap to Pollen include Doubloon, STEED, Hola Token, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Pollen is 88 million.