Dear POP! Community,
When we embarked on this journey a couple of months ago, we set out a goal to create a product that would forever change the way the market sees and interacts with partnerships. We raised no capital, and instead funded this project ourselves, seeking to give back to the community. We were amazed and truly grateful to see that we were able to acquire a Total Value Locked (TVL) of nearly $60M in our genesis staking pools — a value reflecting your powerful support! Finally, today we are proud to inform the community that after all our hard work — POP! V1 is now live!
Check it out here: https://app.pop.town/
With the launch of POP! V1, we are excited to announce that the first marketplace available to farm on our platform will be POP!/ETH — which we like to call the Candy Factory! We’ve decided to launch the Genesis Platform with only this pool available initially, to provide our POP! holders with early access to the platform and grant them the full share of the rewards designated for the MLPs, until we begin adding the next MLPs. For those curious, this means a value of approximately 73,744.29 POP! per day will be up for harvesting by the farmers, until the next MLPs arrive. This is our way of showing love and support towards our community, in particular to the POP! Holders.
As you may be aware, our token distribution occurs in a linear manner, and therefore to ensure each MLP receives their share, we provide them with an Allocation Point (ranging from 1–100). Based on this, in order to make our Candy Factory more attractive than any other MLP, we’ve decided to provide it with a fixed number of 300 allocation points! This means, the POP!/ETH pool will always have 3x the amount of POP! rewards distributed to it compared to any other ordinary MLP.
Furthermore, we are pleased to share that we already have numerous projects excited and ready to launch their very own MLPs, and in the coming days we will be launching them. So make sure to keep your eyes peeled for our announcements on that!
About POP!
POP! is a platform that allows 2 projects to objectively display mutual trust and commitment to each other, by locking their respective tokens together and creating a trustless Mutual Liquidity Pool (MLP). In addition, it grants POP! users the opportunity to provide single-sided liquidity, in the form of their favourite token, by matching them with another POP! user and adding their joint liquidity into the MLP.
Powered by Faculty Group, POP! aims to set a new golden standard with regards to partnerships, and how they are perceived in the digital asset ecosystem.
