Pylon Protocol is a decentralized finance (DeFi) framework for principal-protected, yield-based products and services. Built by Terraform Labs (TFL) on the Terra blockchain, Pylon introduces a new mechanism for long-term incentive alignment between users and service providers where payment is rendered via cash flow rather than upfront expenditure.

In essence, users can deposit Terra stablecoins into platforms integrated with Pylon Protocol in return for platform-specific rewards, including but not limited to exclusive content, no-fee memberships, project token farms, perpetual charity donations, arts patronage, rental services, and principal-protected investments. Upon subscription expiry, users can withdraw their pledged principal in full. Yields generated from savings protocols such as Anchor Protocol are diverted to service providers under the terms explicitly specified in the deposit contract.

The flagship product of the protocol is Pylon Gateway, a decentralized project launchpad and crowdfunding-via-yield platform for Terra, where users can deposit TerraUSD (UST) for a designated vesting period to earn project tokens and governance rights.

The Pylon token MINE is a CW20 token that originally launched on Pylon Gateway. The main function of MINE is to allow holders to engage in protocol governance and earn a portion of protocol yields generated across all Pylon platforms and projects. MINE tokens also serve as an incentives gateway to encourage user deposits into platforms powered by Pylon Protocol.

Pylon Protocol

LayerZero

Gorilla

LandWolf (SOL)

Bitcoin

WATER

Zignaly

Engines of Fury

Mumu the Bull

Moonchain

Solana

Toncoin

Ethereum

Notcoin

Shiba Inu

Kaspa

Niza Global

Pepe

Artificial Superintelligence Alliance

Cardano

Bonk

PeiPei (ETH)

Bullish CDP LHS1 May Campaign

Big Time - CDP LHS2 (Desktop Only) 2024

Uphold CDP LHS2 May campaign

BitGet CDP LHS2 May campaign

Bullish Search Bar Banner

Niza Global Search Bar

BingX Search Bar July Campaign

DexCheck Community Panel

BingX CDP Community July Campaign

Bullish Portfolio Page Banner

Neutral

Extreme fear

Fear

Greed

Extreme greed

♻️ Rehypothecated

 🔥 Memes

 🔥 Solana Eco

 🔥 AI

цена на Pylon Protocol
MINE

Pylon Protocol community

Новини за Pylon Protocol

За Pylon Protocol

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