Pylon Protocol profile
Pylon Protocol Profile (MINE)
Score: 2.21 | Very Poor
Speculative Nano Cap
Project Safety Score

Mon, Oct 25, 2021 1:55 AM

Score 2.21
Rating Very Poor
Market Cap $0
24hr Volume $5765961.5347506
Price $0.1383823743179
Review

Pylon Protocol

token

Terra

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.

Read more in the whitepaper:
https://docs.pylon.money/

Pylon Protocol Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

LUNA: terra1kcthelkax4j9x8d3ny6sdag0qmxxynl3qtcrpy


Ecosystems.

Pylon Protocol is a part of the following ecosystems.

Pylon Protocol Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Pylon Protocol Safety Report

Pylon Protocol has a safety score of 2.21

Pylon Protocol is a nano cap token.

Pylon Protocol is suited to a speculative investment style.


Pylon Protocol Profile

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.

Missing Data:
  • project team
  • facebook
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Pylon Protocol Red Flags

There are currently no Pylon Protocol red flags.


Pylon Protocol Development Score

The Pylon Protocol project has 3 active source code repositories.

The most recent commit was Wed, Oct 6, 2021 6:36 PM

  • 7 Watchers
  • 16 Stars
  • 10 Mentionable Users
  • 0 Vulnerabilities
  • 67 commits in the last 28 days.
Highlights:
  • extremely high repo stars
  • daily repo updates
  • no stars
  • no watchers
  • no mentionable users

Pylon Protocol Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very low indicating that this project is either not well-regarded in the community or simply no one is talking about Pylon Protocol. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
Highlights:
  • The overall sentiment is very low

Pylon Protocol Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Pylon Protocol?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Pylon Protocol has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.

Highlights:
  • extremely high hashtag tweets
  • no reddit articles
  • poor gitHub account watchers
  • no search result count

Pylon Protocol Awareness Score

The awareness score indicates how well Pylon Protocol is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Pylon Protocol is but a good measure of longevity is how well the project is known by the general public.

Overall Pylon Protocol this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • no search result total
  • very poor news articles mentioning Pylon Protocol
  • no news articles directly about Pylon Protocol

Pylon Protocol Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Early project age (released Jul 6, 2021)

Pylon Protocol Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • no USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Pylon Protocol Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Pylon Protocol Exchanges
Pylon Protocol Explorers
MINE
Community Trust Score (MINE)

--/5

0 reviews
No reviews
Be the first to leave a review

No one is talking about Pylon Protocol, be the first to start the conversation.

Do you think Pylon Protocol is a scam project which will disappear in a rug pull in the next few months or do you think Pylon Protocol is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

62.50%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project team
  • facebook
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Community Signals

--/5

(no reviews)
Community Trust Score
Market Cap Rank:
2780
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Pylon Protocol Github
Pylon Protocol News
  • Everything You Need to Know About Pylon Protocol

    Fri, Sep 17, 2021 11:57 AM

    To understand more about pylon protocol, here is everything you need to know about it. Let's get...

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