What is POLLEN?

POLLEN is the Beraborrow Governance token. POLLEN holders can participate in decision-making processes that affect operations and other important aspects of the Beraborrow ecosystem. By holding POLLEN, users can influence the future direction of Beraborrow, ensuring that it remains community-driven and responsive to the needs of its users.

As mentioned in the "Importance of Proof of Liquidity" section, the Berachain DeFi ecosystem will be a "Bribes Based Economy". For Beraborrow, POLLEN serves a twofold purpose; 1) as a means to incentivise liquidity/participation in the protocol. 2) Using locked pollen as a proxy to redistribute governance and any other value/bribes accrued to the protocol.

POLLEN as an incentive

There are 5 ways in which the protocol can emit POLLEN as an incentive to drive some form of TVL:

• NECTdeposits to the Stability Pool

• Minting NECT

• Active Dens with NECT debt

• Incentivising NECT liquidity

• Bribes to Validators

Liquidity mining has traditionally been done through the emissions of a protocol's governance token. Thanks to Berachain and PoL are able to use POLLEN in a more contemporary approach. By bribing validators for BGT emissions towards our pools, users are able to earn the chains native governance token for providing liquidity.

Depending on what phase the protocol is in the above can be used as levers to incentives different areas that contribute to the protocol's growth and the success of NECT. Initially, the plan is to release these emissions in structured campaigns, rather than a fixed emissions schedule, allowing for the most efficient distribution POLLEN. Ultimately minimising unnecessary dilution.

Initial POLLEN distribution

There are 420,000,000 POLLEN tokens.

Initial emissions schedule:

Coming thoon...