Dear POP! Town,
The day that we’ve all been waiting for has finally arrived! The highly anticipated Phase 3 is now LIVE, and can be accessed here. Furthermore, a detailed guide has been prepared to assist you navigating through the new POP! App.
The release of Phase 3 brings a variety of novelty, including our signature feature — Mutual Liquidity Pools (MLP), a total revamp to our UI, and more! In this announcement we’ll outline what this means and what’s to come in the near future!
MLP Release
With the release of our MLP Marketplace, users will now be able to farm on (mutual) liquidity pools through single-sided liquidity provisioning, while earning an array of rewards. Together with that, some of our farmers will experience mitigation to their Impermanent Loss (IL), through our simple Rebalancing Mechanism, which comes into effect when withdrawing your liquidity. On the Marketplace, users will have 2 options; either to Make an offer or Take an offer. In essence, it can be visually and functionally compared to an orderbook. For more information on how all the above descriptions work, check out our Gitbook page on how POP! works.
Initially, only the POP!/ETH pool will be available on the MLP Marketplace, in order to allow for our early supporters to get a feel for how the marketplace functions. However, as per our roadmap, shortly after our release we will begin launching various 3rd party MLPs onto our platform, so stay tuned to hear about those!
Keep in mind, the current POP!/ETH LP staking pool will remain active, for those that would like to continue farming with their LP tokens.
New UI
For the release of Phase 3, we prepared a variety of updates and overall new designs for our UI. The main updates will include: a cleaner general UI for farming with your POP!/ETH LP tokens, an MLP Marketplace, a User Dashboard, and a Team Dashboard. Naturally, the Team Dashboard will only be available for the Teams that have created the MLP, and it will allow them to track statistical information regarding their MLP. All other features will be available for the users.
What’s to come for POP!?
Even though we still have a busy month of May ahead, with numerous MLP listings, another voting competition and more, we are excited to inform the community that in the weeks following May, there will be an updated Roadmap with some very exciting stuff on there. These milestones will help drive user acquisition on POP!, as well as drive token demand. So, make sure you stay tuned for that announcement!
… And as always POPstars, make sure to keep it POPpin’!
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.
