PopTown Updated Roadmap Released

Published on: 04.05.2021

Proof of Partnership (POP) allows 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) for their communities.

Through POP, users can securely and conveniently provide single-sided liquidity onto a MLP by matching their liquidity with another user, thereby becoming partnered farmers, and simultaneously reduces the IL sustained at the end of the farming period, through a simple rebalancing mechanism.

 

POP KEY ASPECTS

 🔹 Method to prove a genuine partnership–Ensures projects tie their value together and aim for mutual success.

🔹 Earn POP while farming–Add liquidity to an approved MLP and earn POP tokens

🔹 Fair launch–No POP token sales and with 80% of total supply being distributed via farming and voting

🔹 Less Impermanent Loss–aiming to return the users original token deposit quantity, POP negates a portion of traditional IL

🔹 Permissionless & Non-custodial–100% Smart contract-based, ensuring funds never enter centralized custody.

🔹 Connects communities–Allows members from partnering communities to learn, engage, and come together via farming.

 

Major Upcoming Event On PopTown

💫 May 14th — TME Conclusion and Phase 3 Launch: Once the TME is completed, Phase 3 will go live!

💫May 15th — 1st MLP Launch

💫May 16th — 2nd MLP Launch

💫May 17th — 3rd MLP Launch

💫May 18th — MLP Voting Competition Round 2

💫May 23rd— MLP Voting Competition Winner Announcement Round 2

💫May 24th — 4th MLP Launch

💫May 27th — Community/Team AMA

💫May 31st — 5th MLP Launch

 

About PopTown

POP is a platform that allows 2 projects to prove their partnership and allows single-sided LP funding on Uniswap, by matching providers. 

 

RESOURCES:

Website

Twitter

Blog Post

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