Angel Protocol would like to continue with our original plans to launch a Pylon pool, and we’d like to use the Liquid Pylon pool format pioneered with Nexus. 20% of all funds raised will go to MINE stakers. 20% of the remaining yield will be donated to charity through the AP Endowment governed by $HALO holders.
Project Name + Token Ticker: Angel Protocol, $HALO
Short Description of Project: Angel Protocol is a global social enterprise offering endowments for various use cases including charities & public goods
Team Composition: 25+ members spread globally and formed in original Terra/Delphi Hackathon
Current Development Stage of the Project: Token launched, private beta launched, >$4M raised for charity, public V1 launching January
Website URL: https://www.angelprotocol.io/
Whitepaper URL: https://www.angelprotocol.io/ap-litepaper.pdf
Link to Social Media Channels: Twitter: @angelprotocol
Tokenomics: members.delphidigital. io/reports/angel-protocol-token-design
Name of Token + Token Symbol: $HALO
Description + Core Use Cases: Governance over Angel Protocol & charity fund allocations from shared community endowment
Anticipated Allocation on Pylon Gateway: 40M tokens (currently ~$3M). Current circulating supply 34M.
Proposed Method of Launch: 24-month Liquid Pool, $1M initial liquidity
We’re looking forward to partnering with the Pylon community on this pool and continuing the strong relationship between our protocols!
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