What Is Popcorn (POP) ?
Popcorn (POP) is a new paradigm for decentralized finance where yield-generating products simultaneously contribute to social impact. The following paper is in an unconventional format. For the reader’s convenience, the sections contained are described and summarized for clarity. First the paper begins with a question and answer format to describe the different aspects of Popcorn in a conversational style.
Popcorn (POP) This is perhaps the most universally relatable aspect of the paper and addresses most audiences. It then shifts towards describing functional software specifications for implementing a decentralized governance model for the funding of public goods on the Ethereum blockchain. The ensuing Additional Thoughts section explores theoretical topics and critiques pertaining to the governance model and is followed by a reflection and an outlook towards the future. So let’s begin
Popcorn (POP) Storage Key Points
|Fully Diluted Market Cap||$10,115,207|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
How it Works ?
Popcorn (POP) Connect your Metamask wallet with Popcorn
Popcorn (POP) Deposit your crypto and choose a product or strategy
Popcorn (POP) Earn competitive returns on your crypto assets
Choose which social impact organization you’d like to help
Why Create Popcorn?
Popcorn (POP) A tremendous amount of value is being generated in decentralized finance (DeFi). One year ago there was about $500 million of value locked in DeFi contracts – as of today, there is over $35 billion 1 worth of value locked.
Popcorn (POP) That’s an increase of more than 6,900%, and that number is growing. During such a transformational time -where decentralized and disintermediated technology has reduced prices, eliminated barriers to entry, and provided unrivaled opportunity to those ushering in the new technology, a question of further directing this opportunity to the public benefit arose.
Popcorn (POP) How do capture the efficiency gains of this new decentralized paradigm and create a better world? The answer is Popcorn. By creating novel, yield-generating DeFi products, where a small fee is charged to be later shared with public benefit organizations,
Popcorn (POP) social good can be baked into the very foundation of a decentralized finance protocol without introducing any additional friction or extraordinary cost to the end user. Users of Popcorn would benefit from unique yield-generating products at a cost comparable to existing solutions while contributing to social-impact initiatives for the public benefit.
How does Popcorn create economic opportunity for users?
Popcorn (POP) smart contracts allow users to generate yield on their crypto assets through the automation of yield generating strategies. The automation of common yield-generating functions such as claiming, staking, re-supplying, leveraging, and swapping of cryptocurrencies means that users:
- save time
- pay less in transaction fees
- generate yield on their crypto holdings with little overhead or knowledge
What are hypothetical examples of how Popcorn can serve the public Benefit?
Popcorn (POP) current proof of work algorithms powering the Ethereum and Bitcoin blockchains have been widely criticized for their harmful environmental impact. The PopcornDAO model represents a way to offset these harmful side effects through the election of beneficiaries whose role it might be, as an example, to reduce the environmental damage caused by the electrical consumption required to run these networks. Users electing to interact with Popcorn smart contracts, may, at the same time, be contributing to the public benefit by supporting beneficiaries responsible for offsetting carbon emissions
Why Choose Popcorn (POP) ?
Maximize Your Crypto Portfolio
Popcorn (POP) offers a suite of DeFi products for you to generate competitive returns on your crypto assets.
Create Real World Impact
Popcorn (POP) Their profits fund social impact organizations. Choose which initiatives you support:
- Open Source
While Remaining Carbon Neutral
Popcorn calculates and neutralizes blockchain carbon emissions by partnering with carbon sequestration and negative emission projects.