[ANN][DeFi] Pollo - Earn Basic Income by DeFi protocol based token - page 7.

pollofinance

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🐤IMPORTANT ANNOUNCEMENT

We apologize for the inconvenience caused to everyone yesterday.

Once again, the Farm Pool will function on March 17 at 12:00pm (utc) 👇
https://bscscan.com/block/countdown/5758950

However, to be on the safe side, we will only open the website after we have confirmed that the Farm Pool is definitely functional.

Please understand that we are being more cautious so as not to cause any further inconvenience.

In other words, the rough schedule is as follows

(GMT+0)
March 17, 11:30am Send new PoFi to old PoFi holders (total 833 PoFi, 84 holders)
March 17, 12:15pm Start pre-sale (1BNB = 50PoFi)
March 17, 12:20pm Open the Pollo swap

Time may vary.

pollofinance

copper member

Activity: 112

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About issue happened yesterday

It caused a setting mistake that links Pofi token and the master chef.
We had an error in settings for the owner wallet.
So it's a really simple human error, and any bugs in contract has not found.

Anyway, we apologize for the inconvenience.

pollofinance

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Activity: 112

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Notice
We found out that there was a problem with the originally released PoFi, so we had to recreate the PoFi in a hurry.

We apologize for any confusion.

New release date and time will be March 17, 12:00pm (UTC).
https://bscscan.com/block/countdown/5758950

If you have a PoFi in your possession, please keep it.

The old PoFi will be exchanged with the new PoFi on a 1:1 basis.

We will Airdrop it from here, so no special operation is required.

We will notify you as soon as possible.

If you have not withdrawn your LP, please go to https://pollo.finance/farm/ and click on the "Emergency Withdraw" button.

We will return the LP to you along with a deposit fee.

If you have not received your deposit fee, please let us know.

pollofinance

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Notice
We have now restored the site.
https://pollo.finance/

For those who have deposited LPs ・For those who have deposited funds in POOL
If you have deposited funds in POOL, please click on the emergency withdraw button as shown in the image below to withdraw your funds.

Please click the emergency withdraw button as shown in the image below to withdraw your funds, and we will return your FEE to your respective wallets.

We will definitely return.

pollofinance

copper member

Activity: 112

Merit: 0

I'm on the phone with the token developer.
There is a problem with the token, and I have to redeploy it.

If you have already purchased a PoFi, please keep the PoFi you have. We will replace it.

Please withdraw all the Farm and Pool that you have deposited.

We apologize for any inconvenience this may cause.

We never run away.
I am sorry that this has happened to you.

pollofinance

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Activity: 112

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https://pollo.finance/

https://exchange.pollo.finance/

Staking is already possible.

However, the reward will not be generated until after 12:20utc(10 min later.)

pollofinance

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Activity: 112

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Provided liquidity for PoFi.

Watch out for severe price hikes and price drops.
In pre-sale, you can buy 1BNB=50PoFi. Please act with caution.

https://exchange.pancakeswap.finance/#/swap

PoFi token address:
0x072ff09c70dcfebdb5cdf41880ee893758373d8d

pollofinance

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Farming pool & Staking pool start time is here.

https://bscscan.com/block/countdown/5730575

We will be about 20 minutes later than the original scheduled time.

Set pre-sales to the same time.

Please allow for some back and forth in work time.

pollofinance

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Activity: 112

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Quote from: republicrypto on March 15, 2021, 01:50:58 PM

i read about this "Buy Back & Burn 3%" , this could be a great idea to reduce the supply and for sure when the supply decreasing the demands will increase
but i don't see the detail mechanism from the burn actions mate, so would you like to give an explanations about that buddy ?
regards

Please check this aritcle too.
https://pollofinancegroup.medium.com/whats-attractive-about-pollo-40095bba93f

And the timing of Burn will be implemented and reported by the Pollo Team at any time.
We are sorry, but cannot answer the question like "When price drop, How much is the rate that Pollo team execute Buyback?".
Of course, you can't buy back manually forever, so this rule will be clarified by taking over the management and operation of Pollo to DAO.

Thanks for getting interested in our project.

pollofinance

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Pollo Swap will be open soon.

We will be selling PoFi on http://app.bounce.finance (1BNB=50PoFi)

March 16, 12:00(UTC)

Time may vary!

Sales limit: 720 BNB (36,000 PoFi)

Purchase limit per account : 5BNB (250PoFi)

Please note that the PoFi generation rate is 0.5/block

pollofinance

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Activity: 112

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At Pollo, we call March, April and May the ‘Miracle 3-Months’!

Everyone has an equal and fair start on 16 March. Don’t miss out!

For more details, please see the Roadmap!
https://official.pollo.finance/pdf/roadmap_202103.pdf

Please wait for the official announcement for the sales URL.

"Bounce" can be sold by anyone, and we cannot be held responsible if you accidentally purchase a fake product!

Community: http://t.me/pollofi
Ann: http://t.me/pollo_ann
Roadmap: https://bit.ly/38FF4sj

pollofinance

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Activity: 112

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Official Website, Whitepaper and Roadmap have been published.
Please check those.
Thanks for your supporting.

Official Website:https://official.pollo.finance/
Whitepaper: https://official.pollo.finance/pdf/whitepaper_v1.0.pdf
Roadmap: https://official.pollo.finance/pdf/roadmap_202103.pdf

pollofinance

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Activity: 112

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Quote from: bitLeap on March 15, 2021, 07:41:08 AM

what makes you special from your competitors? because projects with this kind of system have appeared a lot. and what is the total supply of pofi?

The summary is as follows.

･Utilization of the Deposit Fees
･Utilization of the Referral Program
･Continuous and Sustainable Protocols
･Scholarly Value

For more details of each, please read our article.
https://pollofinancegroup.medium.com/whats-attractive-about-pollo-40095bba93f

And also check our official website.
https://official.pollo.finance/

republicrypto

sr. member

Activity: 1414

Merit: 252

Keep it Simple guys :)

i read about this "Buy Back & Burn 3%" , this could be a great idea to reduce the supply and for sure when the supply decreasing the demands will increase
but i don't see the detail mechanism from the burn actions mate, so would you like to give an explanations about that buddy ?
regards

bitLeap

sr. member

Activity: 1204

Merit: 486

what makes you special from your competitors? because projects with this kind of system have appeared a lot. and what is the total supply of pofi?

pollofinance

copper member

Activity: 112

Merit: 0

Pollo Swap is planned to be released at 12:00 (UTC) on 16 March!

Once the Farm Pool opens, PoFi will be sold for a limited time of 24 hours and in limited numbers over http://app.bounce.finance!

1BNB = 50PoFi

Please have BNB ready while waiting!

pollofinance

copper member

Activity: 112

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Pollo will release 3 different protocols each month!

1. Pollo Swap
2. Pollo Basic Income
3. Pollo Vault

Would you like to receive a stable dividend over a long period of time like bDollar or MIDASDollar?

That’s Pollo.

pollofinance

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Activity: 112

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Website - Official website - White Paper - RoadMap
Audit1 - Audit2 -Timelock - GitHub
Twitter - Telegram - Telegram ANN - Medium

Pollo
Brings Wealth and Peace to All
Earn Basic Income

What’s Pollo?

Pollo is a DeFi-based service that is designed to realize basic income. With a team of top-level developers, blockchain experts and economists, we provide a highly transparent DeFi service.

We aims to make basic income in digital currencies a reality.
It is constructed over BSC (Binance Smart Chain).
Please visit the official website for more information.

Team

The Pollo Finance Team consists of blockchain engineers, cryptocurrency economic experts and specialists from various fields.
General Q&As are answered mainly by helpers.

Features 1. Promote circular economy

For example, the utility token $PoFi obtained from PolloSwap can be deposited in Pool to get new tokens and can also be used for the next DeFi service to be released.

Features 2. High reliability

For example, the utility token $PoFi obtained from PolloSwap can be deposited in Pool to get new tokens and can also be used for the next DeFi service to be released.

Features 3. Differentiation from other projects

To avoid confusion, we have kept the familiar user interface. But don’t judge by its appearance. There are many attractive points that you will not find in other projects.

Spec

Token name: PoFi
Token symbol: $PoFi
Initial mint: 40,000 PoFi (Pre-sales 36,000PoFi, Liquidity supply 4,000 PoFi)
Max Supply: ~~21,000,000 PoFi~~ -> 500,000 PoFi
Reward Per Block: 0.5 PoFi (1 block is approximately 3 seconds)

Pre-sales

The starting of pre-sales and the end: 24 hours from 12:00pm (UTC) on March 17
Pre-sales price: 1BNB=50PoFi
Address of bsc pre-sale: - Ended
Sales limit: 720 BNB (36,000 PoFi)
Purchase limit per account : 5BNB (250PoFi)
Listing exchange: None
Liquidity lock: No lock

Then how to participate in pre-sale
1.Access the URL that will be announced around 12:00pm(UTC) on March 17.
2.Enter the quantity you wish to purchase in the “Bid Amount” field and press “Go”.
3.Please read the warnings carefully and approve them using Metamask, etc.

Token Metrics

Token: $PoFi
Chain: Binance Smart Chain (BEP-20)

Contract
PoFi :0x461f6C9aE13a7daC7055C73fBF8daB529D667041
Master Chef :0x4D2Fc26B10c59491A8332Bc0BF02F4f3834a4D09
Time Lock :0x312274D383B2a8D3E8CF0C46b43035B927b1D85B

Emission Rate
Reward Per Block: 0.5 PoFi
Daily Emission (Based on 28.8k blocks /day) - 14.4k PoFi / day

Fees
(Deposit fees)
PoFi-BNB(cake-LP) / PoFi-BUSD(cake-LP) 0%
A flat-rate fee of 5% for all others

Breakdown of Fees
Farms
Buy Back & Burn 3%
Dev / Team Incentives 1.5%
Community Fund 0.5%

Pools
Referral Reward 5%
(If no referrals, it will be the same as Farms)

Initial stage mint
Pollo first issued 40,000 PoFi.
The breakdown is as follows:
Initial Token Offering 36,000 (1BNB = 50PoFi) over https://app.bounce.finance/
Guaranteeing initial flow of 4,000 into the pool

Time-Lock (To be implemented by March 30)
Team Pollo Finance will be adding a time-lock contract as the owner of the Master Chef.
The time-lock will be activated with a 24-hour delay, and this should give you enough time to
validate ANY of our transactions.

Why is the hard cap 21 million?

The limit of 21 million is just a tentative number. The limit will be reached in 2023, but there is room for adjustments. By using fair methods such as voting within the DAO’s community, it can be decided whether the hard cap is maintained, increased or abolished. The ones who decide are yourselves.

Why is a 5% Deposit Fee required?

We believe that because we are able to use the funds gained through the deposit fee to do effective marketing, it will result in a profit for the participants in the end.

Breakdown
Farms
Buy Back & Burn 3%
Dev / Team Incentives 1.5%
Community Fund 0.5%
Total 5%

GET Referral Program

Pollo has referrals. By issuing a specific to you, you can receive a referral bonus. Share your link and gain rewards! For more details, participate in Telegram and check the pinned message!

Referrals refer to the incentive program where the referrer can receive 5% of the PoFi that can be obtained through the PoFi Pool.
If there is no referrer or if the wallet address of the referrer and referee are the same, 5% of the PoFi obtained will be sent to the developer’s wallet address.
There are no referrals apart from PoFi Pool.

Obtain a referral code(coming soon)

What are the possible risks?

Loss of Capital
With any token, there is a possibility that the value will decline.

IL (Impermanent Loss)
There may be a risk of (impermanent) capital loss from asset rebalancing in the Automated Market Maker (“AMM”) pool
Please see the article in the Binance Academy for more details about IL
https://academy.binance.com/en/articles/impermanent-loss-explained

Smart Contract Risks
While we make our best efforts to test all our codes and run multiple unit tests, there are always possibilities of unforeseen bugs and issues. In order to minimise these risks and to increase safety, we plan on conducting an audit regularly.

Website - Official website - White Paper - RoadMap
Audit1 - Audit2 -Timelock - GitHub
Twitter - Telegram - Telegram ANN - Medium

Topic: [ANN][DeFi] Pollo - Earn Basic Income by DeFi protocol based token - page 7. (Read 958 times)