The Pollen DeFi protocol’s governance token, $PLN, will be listed on AscendEX on Tuesday, January 11th at 9:00 a.m. EST. In fact, it is the first Avalanche chain token to list on AscendEX, and it is the primary CEX listing of $PLN.
Pollen DeFi is ready to release a game-changing set of product features into the emerging suite of multi-chain DeFi 2.0 protocols. And it is possible thanks to financing and support from VCs such as:
- Protocol Ventures
- Fomocraft Ventures
- Red Building Capital
- Rarestone Capital
Pollen has been developing for over a year, assembling a skilled team with backgrounds in:
- Data science
- Mathematical modeling
- Smart contract development
- Product development
With a truly decentralized asset management environment, Pollen DeFi is going to disrupt a multi-billion dollar business.
“We are thrilled to be the first Avalanche token to list on AscendEX,” says Philip Verrien, Pollen DeFi Co-founder and Project Lead. He also stated that a whole new group of Pollen customers may now take their initial steps into the Pollen DeFi asset management ecosystem. Especially customers who want to get involved in DeFi but prefer the experience and tools of a CEX.
Trading in $PLN/USDT starts on AscendEX on Tuesday, January 11, 2022, at 9:00 a.m. EST / 14:00 a.m. UTC. Wallets will be available for deposits around 12 hours before the event. You can trade $PLN now on the Avalanche decentralized exchange Trader Joe.
Pollen DeFi makes it easier to manage your cryptocurrency holdings. It gives profitable traders and those who want to hold dynamically managed portfolios new ways to make money. Furthermore, Users do not have to manage allocations and assets themselves.
It was launched on Avalanche in response to community demand, such as:
- the growth of TVL
- wallet expansion
- product innovation on the Avalanche chain
The governance token, $PLN, is earned and burnt based on portfolio performance. Pollen DeFi users may manage their portfolios themselves or outsource to experienced traders. Communities and influential people will build new portfolios through a DAO governance mechanism. It will allow communities to tackle crypto portfolio management as a team.
AscendEX is based in Singapore. It takes pride in listing cutting-edge DeFi projects on a platform that offers all of the features and benefits of a centralized exchange. It has a smooth trading experience and liquidity. These companies support AscendEX:
- Polychain Capital
- Alameda Research
- Jump Capital
- Hack VC
AscendEX claims to have over one million retail and institutional clients, as well as a daily trading volume of over $200 million.
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