What is POLLEN?

Pollen is utilized as an incentive token to help stabilize the protocol by encouraging the adoption of NECT and increasing liquidity within the ecosystem. Initially, incentives will focus on the Liquid Stability Pool and stablecoin liquidity. Once sufficient liquidity is established in the stable-swap system, incentives will be redirected toward protocols and use cases that increase NECT's utility as a stablecoin, such as integrations with decentralized lending platforms, liquidity provision incentives on strategic trading pairs, or partnerships to expand its adoption within broader DeFi ecosystems.

Protocol Revenue Allocation

The protocol allocates its revenue to incentivize participation and sustain long-term growth:

• BGT Station Incentives: A portion of protocol revenue is directed to the BGT gauge on the BGT Station, a bribe-style marketplace. This incentivizes liquidity providers in Beraborrow-related pools. Validators allocate their share of protocol revenue to these gauges, and liquidity providers earn BGT tokens as rewards, strengthening Beraborrow’s liquidity ecosystem.

• Liquidator Incentives: A share of revenue is allocated to incentivize liquidators, ensuring system health and stability.

• Buybacks for Pollen Stakers: Revenue is used to buy back Pollen, creating additional value for stakers and reinforcing the flywheel effect.

Staking

Pollen can be staked to mint sPollen, which is then deposited into the BGT gauge on the BGT Station.

Additionally, once users deposit through the Beraborrow interface, sPollen is auto-compounded into Infrared to earn iBGT. The rewards from iBGT are used to purchase additional Pollen, which is automatically restaked, creating a self-reinforcing flywheel effect.

Bonding

Users can bond Pollen-bera or Pollen-NECT LP tokens for sPollen at a discount. These LP tokens are subsequently staked on Kodiak Island at specific liquidity thresholds, deepening protocol liquidity (protocol owned liquidity) and increasing the utility of NECT across the ecosystem.

Initial POLLEN distribution

There are 420,000,000 POLLEN tokens.

Initial emissions schedule:

Coming thoon...