Pollen DeFi TVL Increasing Vault Partner Program

Funding Proposals Grants
1

Name of Project

Pollen DeFi

Proposal overview

Pollen DeFi is the future of asset management. Unlike traditional asset management where asset managers charge investors an annual fee to actively manage clients ‘ portfolios and, as such, you pay even when your investment loses money, Pollen doesn’t need to do so. Unlike passive indexes where an S&P 500, FTSE 100 or similar is just copied, Pollen allows investors to define the portfolio they want to see actively managed, e.g. Metaverse, GameFi, DeFi, NFT… and invest by buying one pool token.

Pollen is the world’s first truly decentralized asset manager with many DeFi yield features. Unlike other asset management solutions, Pollen will soon support tokens from any chain, e.g. Ethereum ERC20, Solana, Harmony, Polkadot, RSK, Terra, Near, BSC, Polygon,… and be able to provide extra yield to investors while keeping gas fees low.
We are actively addressing a serious problem competing DeFi indexes have in which you either run an index on Ethereum and pay a lot or you are restricted to only a small set of chain-specific tokens. On Pollen, you get all tokens combined with inexpensive gas fees to set up and manage asset pools and we are adding additional yield generation to top it off!

Pollen’s token PLN has launched and we are currently running a live Beta on Avalanche while sourcing partners and funding to create vaults and rebalancers for our cross-chain strategy. In a short time, we already have over 6,000 wallets holding our token and we are continuing to grow. We are requesting funding to create a Harmony vault to allow the purchase of Harmony assets for Pollen Asset pools. The demand from the community will drive the additional blockchains Pollen will support for the creation of asset pools but we intend to make Harmony assets available to everyone using the Pollen protocol. Our goal is to use the funding for the development of vaults for holding assets on the Harmony blockchain. We are also researching Harmony yield protocols for a secondary vault as well as a rebalancer to give token holders the ability to rebalance Harmony assets within the Pollen asset pools.

Proposal ask

$150,000 USD

Metrics for success

10k PLN token holders is our next milestone. For each stage of the growth of Pollen, we will be aiming for an additional 7,500 wallets holding PLN.

External links

Pollen.id

Please let me know if I can provide additional information.

2

HI there Pollen team. Thank you for applying to Harmony’s 300M Ecosystem Funds. Upon reading through the your post, I see that this proposal does not fit a Port grant based on the guidelines at Apply for Grants or DAO for the following reasons:

Harmony serves as a cross-chain platform by porting exisiting applications from Ethereum, Polygon, Polkadot, Cosmos and other chains. As mentioned above, projects of “100 Ports” will receive $50K-250K each, totaling $20M in grant amount. We target the top 25% projects across chains with most tractions and highest potential: DeFi apps should have at least $20M total locked value or 20% sustained yields; NFT mints or games 10K daily active users; DAO $100K payouts. Highly vibrant and engaged communities usually have social metrics of 50K Twitter followers, 10K Discord members, 5000 active wallets, and 1000 Telegram daily online.

How can we work with you on this?

3

Going to be declining this proposal based on lack of interest. Thank you.