Pollen DeFi: Decentralising Asset Management
Maarten Ectors explores how Pollen DeFi is disrupting the traditional financial system; managed funds in particular.
Pollen DeFi is redefining the world of asset management. Pollenators act as a hivemind and learn to improve on their investment decisions, all whilst competing individually to show that their methods are superior. Delegators can earn simply by watching the leaderboard, following the top Pollenators and delegating their $PLN tokens to them. All members of the Pollen DAO will be able to propose their own community governed asset pools, which can grow in prominence if successful, and opened up to be available to the wider DAO.
None of this will work if it is all centrally managed by a for-profit company that is trying to extract the maximum value from each player. As such Pollen DeFi is setting up the Pollen Foundation, a non-profit organisation, with the aim to decentralise Pollen and over time to be no longer needed. The Pollen Foundation will never run an asset pool, or have any stake in them. The Pollen DeFi code will be open sourced and in the near future a decentralised governance process will govern over future configuration and code changes both for the Pollen core products (Pollenator & Delegator) and future asset pools. The Pollen Foundation will work on a core product together with the community and as soon as the base product is working will start to transfer product ownership to decentralised governance.
One of the main mechanisms for this will be a Pollen Improvement Process or PIP for short. PIPs are similar to EIP in Ethereum in which the community decides on a standardised interface [e.g. ERC20 tokens] and allows anybody to create competing implementations. The way Pollen is architected is around DAOs, DAO Factories and modules. A module is where the core of the business logic runs and the DAO can easily accept new modules, upgrade existing modules or even retire old modules. By standardising the interfaces for modules, e.g. a vault module which hold the assets for asset pools would follow a vault PIP interface, the community will be able to create competing implementations, e.g. vaults for different chains, leveraged vaults, staking vaults, other yield-baring vaults,… The objective of the Pollen Foundation is to design the basics and to let the community take over afterwards while at the same time collaborating with the community and partners on scaling the platform.
The governance process is currently being worked on and voting on which tokens to include in the list of assets Pollenators will be able to balance will be the first step. We are also actively looking for communities who want to create their own asset pools and drive the product creation. If this is of interest to you, please fill out this form.
About Pollen DeFi
Pollen DeFi, is a first of its kind decentralized asset index where the community holds all the power. Decentralized finance is designed to be by the people, for the people, and Pollen DeFi is acknowledging this by building the first, truly decentralized platform for managing tokenized asset pools. The merit-based DAO provides a reputation-based governance protocol with incentives that leverage the community’s collective wisdom to curate asset pools. In this system, all users of the platform stand to benefit from the contribution of the best-performing participants.
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