Team Pollen · Follow
Published in · 5 min read · Aug 10, 2023
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As we head deeper into the year’s second half, we’d like to keep you updated on what is on the horizon at Pollen. There has been a lot of activity around the launch of Leagues PRO, and we are working on enhancing that with an exciting tournament-style ‘Crypto Bowl.’
Recently, a proposal for migrating to Polygon passed unanimously, ushering in an exciting time for Pollen and our Pollenators to gain more benefits from this cross-chain move.
We are also working on bringing Pollen Pods to our users, offering more functionality to your trading experience following the successful launch of Shorting on the platform earlier this year.
Community growth, partnerships, user onboarding, and good all-around expansion have been happening in the background, and we’re excited to share some updates with you!
We successfully launched our updated version of Pollen Leagues, Leagues PRO, this year with the intention of incentivizing trading for our pollinators, but also offering other communities and platforms the chance to set up easy-to-use and fun trading competitions.
Leagues PRO Elevates the existing competitive module of Leagues and is a more enhanced iteration of that initial offering. With Leagues PRO, we empower projects and entities to curate and manage their individual leagues on the Pollen platform.
Each PRO league stands as a perpetual 24/7 trading championship overseen by the league organizer, complete with its distinct set of rewards. Notably, these leagues will not only compete internally but also be ranked against other leagues, introducing a collaborative dimension where various communities from the space are pitted against one another.
Access to each PRO league is attainable through the innovative Pollen NFT ticketing dashboard, with organizers defining the pricing, rewards, and league stipulations according to their vision.
To read more about Leagues Pro, click here
To join a League, click here
The Crypto Bowl builds upon our Leagues PRO offering and stands as a thrilling crypto trading tournament that sets communities against each other for big prizes, major bragging rights, and impressive reputation building.
The Crypto Bowl has been created not only to pit different communities against each other in a display of skillful trading but also to allow users to acquire valuable insights, and amass remarkable rewards, such as a $10,000 prize pool.
The Crypto Bowl is open to any crypto organization that wants to compete, from trading communities to DeFi degens, Glory awaits.
To be a part of the CryptoBowl, whitelist your address here:
The recent proposal for the migration onto the Polygon Network was met with great support. We will still be remaining on Avalanche, but feel there are some excellent benefits on Polygon, and going multichain, that will only make Pollen stronger, and better for you.
1. Expanded Reach with $PLN on Polygon:
The availability of $PLN on the Polygon network instantly opens up a realm of possibilities. Polygon’s efficient and low-cost infrastructure will not only streamline transactions but also invite a wider audience of traders and users who value seamless, fast, and affordable transactions.
2. Unlocking Exchange Opportunities and $MATIC/$PLN Pairs:
By migrating to Polygon, Pollen also gains access to new exchanges and trading pairs involving $MATIC and $PLN. This extended exposure within the Polygon network can significantly increase liquidity and trading options, attracting a diverse range of traders and investors looking for fresh opportunities.
3. Forge Valuable Partnerships with Polygon Projects:
Shifting to the Polygon network places Pollen at the center of a bustling hub of innovative projects built on Polygon. Collaborating with these projects opens doors to valuable partnerships, shared insights, and mutually beneficial growth, amplifying our exposure and potential.
4. Embrace a Wider Range of Web3 Wallets:
Polygon’s ecosystem supports a broader selection of Web3 wallets, facilitating a seamless user onboarding experience. This inclusivity encourages a diverse user base to engage with Pollen, creating a more vibrant and dynamic community.
5. Harness Polygon’s Technological Solutions:
Polygon’s technology stack provides a suite of tools and solutions that can significantly enhance Pollen’s performance, scalability, and security.
6. Establish an Ethereum Network Touchpoint:
Polygon is intricately connected to the Ethereum network as a Layer 2, and migrating Pollen to Polygon offers an Ethereum touchpoint. This interoperability ensures continuity for users accustomed to Ethereum and strengthens trust in Pollen’s capabilities.
7. Amplify Community Engagement with More Pollenators:
Migrating to Polygon can usher in a wave of new Pollenators, enthusiasts who appreciate the Polygon ecosystem. The increased engagement and participation will foster a sense of community and excitement, ultimately making the platform more enjoyable and engaging for everyone involved.
In keeping with offering our users more functionality, we are working hard to bring you Pollen Pods. Pollen Pods introduce personalized indexes, empowering users to initiate a compact smart contract and handpick their preferred assets for endorsem*nt.
These Pods effectively mitigate regulatory uncertainties and establish a clear asset management structure that spans various jurisdictions. Dispensing with the notion of an index token — a concept that can be duplicative and constraining due to the requisite exchange listings and liquidity augmentation — Pollen Pods deliver equivalent outcomes.
Their enhanced versatility aside, these indexes undergo dynamic rebalancing to ensure optimal performance.
We have also seen some incredible growth in our community this year, with Twitter/X followers rising from ~30,000 to 55,00+. Telegram has also increased fivefold, going from 10,000 to 50,000, not to mention the 50,000 email subscribers.
We also have 5,000 portfolio managers on Pollen, and we continue adding daily!
Pollen is a first-of-its-kind Virtual Trading Arena where the community holds all the power. Decentralized finance is designed to be by the people, for the people, and Pollen is acknowledging this by building the first, truly decentralized platform for measuring trading skill and on-chain reputation with its Pollen Virtual suite of products.
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