PowerPool is an ecosystem-based metagovernance protocol from Smart Indicators. It makes performance metrics available to users and offers a new level of decision making and coordination for the DeFi ecosystem.
The ecosystem of the PowerPool products is called PowerUniverse. This ecosystem includes: PowerIndex, Power Agent (decentralized cross-chain oracle based on Uniswap TWAPs).
Power Agent is a decentralized cross-chain oracle that provides a free rate feed based on Uniswap TWAP for the Ethereum, xDAI and Matic networks. PowerOracle is based on a special incentive model for price reporters and fishermen that offers up to 50% APY for quotes and uses CVP as an in-game interface through CVP staking.
Power Agent is managed by Poker Agent and Fishermen. Every roll is required in order to wager CVP as a deposit. The address with the largest deposit becomes the poker agent while the rest becomes the fisherman. The poker agent is responsible for performing all operations in the power poke chain, while the fisherman is responsible for handling the poker agent in the event of errors. Poker Agent and Fisherman are both rewarded for their work on the CVP.
PowerIndex is an intelligent portfolio of pools powered by Balancer AMM that is fully community managed and uses pooled tokens to add value for index token holders:
There are currently four community-driven portfolios:
CVP is an ERC20 token, so you have many wallet options to store this token. You can choose from the following wallets:
Currently, CVP is traded on many different exchanges with a total daily trading volume of approximately $ 26.5 million. Exchanges listing this token include: MXC, Binance, Huobiglobal, Uniswap, OKEX, Gate.io …
Powerpool is a protocol that gives users access to smart portfolios through a single index token. Currently, Powerpool allows users to access 4 types of investment portfolios including: ASSY, PIPT, YLA, YETI. Powerpool is operated via CVP (a governance token of the protocol), the potential benefit of this token in the future depends on the CVP token holders doing a good job in the governance of the protocol. Through this article, you must have some understanding of the basic information about the project in order to make your own investment decisions. CoinCu is not responsible for your investment decisions. I wish you every success and a lot of profit from this potential market.
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