BennyFi Platform Documentation
PledgePool™
PledgePool™
  • PledgePool™
  • 🤿Quick Start
    • PledgePool™ Access and Registration
      • Connect with Email / Metakeep
      • Getting Started with Anchor Wallet
      • Create a New Telos Account for Anchor Wallet
    • Setting Up Your User Profile
    • Deposit / Withdraw Tokens
    • Token Balances
    • Getting BENY Tokens
    • Finding Pools
    • Entering Pools
    • Level Up to Beneficiary
    • Creating a Project
    • Creating a Token
    • Submitting a Pool Application
    • Funding a Pool
    • 😎Level Up to Pool Manager
    • Viewing Pools
  • 🔎How It Works
  • 📺How To Videos
  • ❓FAQ
  • ⚒️Use Case Examples
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  • PledgePool™, a Yield Based Funding Platform
  • Example PledgePool™

PledgePool™

"Pledge the yield, not the principal"

NextQuick Start

Last updated 1 year ago

PledgePool™, a Yield Based Funding Platform

PledgePool is a project funding Platform that utilizes staking rewards as its source of capital. Participants stake tokens to PledgePool pools under specific terms for a defined duration to fund a Beneficiary. At the pool’s completion, the accumulated staking rewards are distributed according to the pool’s payout terms, and the staked tokens are returned to the Participants.

Example PledgePool™

Every blockchain needs a reliable source of project funding to stimulate growth and on-chain development. PledgePool recycles staking rewards back into the blockchain, creating a virtuous circle that increases utility, utilization, demand, and ultimately value.