Polyg-One & Done

Author: Buck

Summary

This will be a long pool and we’re going to the maximum duration allowable for a GoodGhosting pool. Deposit once for $200 USDC and collect your rewards after 6 months.

Why no recurring deposit? Like once a month?

● Because I want this to be easy. 6 months is a looooong time and I want everyone to win. Imagine if you need to deposit once a month and you miss the sixth month...It’ll be frustrating right? ● There’s already so many proposed pools with recurring deposits. I think we’re due for a relaxing pool that requires you to only deposit once with a longer time frame.

Why USDC?

● Since there’s some uncertainty with DAI right now and we’re depositing for 6 months. So, I think it's better to be safe than sorry and go with USDC. Ewwww centralized stablecoin. Yeah, I know...

Downside:

Everyone wins. There is a very low chance anyone will be a GoodGhost and make early withdrawal. As such, the yield will be shared with more participants. ● 6 months is a looooong time. But hey, saving is a long game.

Upside:

● Everyone wins. There is a very low chance anyone will be a GoodGhost and make early withdrawal. WAGMI! ● Worry-free. You only need to deposit once and then you can worry about making it in other pools. ● Additional $1000 extra sponsorship if this pool wins an Angel Award.

Is this something the community wants? Vote below!

Pool Name

Long Name: Polyg-One & Done Short name: POD Pool Description: Deposit once for $200 USDC and collect your rewards after six months. One and done.

Pool Parameters

Name	Value
Network	Polygon
Pool Type	HODL
Deposit currency	USDC
Deposit amount	200
Deposit frequency	Once
Total deposits needed	1
Length of deposit period	3 months
Length of waiting period	3 months
Yield strategy	Aave v3
Early withdrawal fee	6%
Extra sponsorship	$1000 from Angel Award, $0 if otherwise

Pool NFT artwork: TBA. Weighing my options. Discord Contact: Buck#6390