Launching Pole Aggregator to Solana Mainnet
The Pole Aggregator protocol is a decentralized protocol governed by the Pole DAO. The Pole Governance Token (“POLE”) will be used to make decisions about the future of the protocol.
The only way to obtain POLE tokens is by farming; there will be no ICO or private sale for POLE tokens.
USDT-USDC Exclusive Launch
To reduce the complexity of the launch and avoid bugs, users can deposit only USDC on Pole Aggregator mainnet today. We have also imposed a 2 million total deposit limit and will adjust the limit going forward.
Users obtain poUSDCs when depositing into Pole Aggregator, they can then deposit into Quarry Protocol to earn POLE tokens. Providing liquidity on Atrix POLE-USDC pair is another way to earn POLE rewards. Farming is the only way to earn POLE token.
Pools for other Port liquidity pools and other lending protocols will be launched later.
Token Distribution and Supply
- 20% Initial Pole Contributors (2-year linear vesting)
- 30% Pole DAO Treasury
- 50% Mining Reserve & Airdrops
There will never be more than 11,111,111,111 POLE tokens. We have disabled the minting authority.
POLE is an SPL token on Solana, with the token address PoLEXM5xikzieXENFvP7WwHJPorcFiCUVuMo9BAGZT3
Pole Decentralized Autonomous Organization
While many other Solana projects reserve large allocations for teams, VCs, partnerships, and advisors, the POLE tokenomics are designed to provide the right incentive for Pole to thrive as a decentralized protocol.
The Pole Aggregator protocol is owned and governed by the DAO; the community decides what to do with the Pole DAO money in a democratized way. Pole DAO will receive more tokens than the initial contributors, and the initial Pole contributors will not receive any compensation from the DAO or any special ownership rights.
All withdrawal fees charged by Pole go towards the Pole DAO, and this revenue will partially be used to perform buyback and burns of POLE. At launch, the buyback and burn feature is not yet implemented, but rewards will be accumulated in an account belonging to the Pole DAO.
About Pole Aggregator
Pole Aggregator is the leveraged yield aggregator built on Solana. With sub-second block times and microscopic fees, you’ll never look back. Experience the power of automatic compounding in boosting your yield.
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