Pondo
PONDO
Liquid staking on Aleo: stake to get pALEO and use in DeFi
Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.38% | 0.00% | 18.21% | 61.11% | 67.69% | -- |
Comparison
Fundraising not disclosed
Token not listed
Token not listed
Details
This content is generated by RD AI and is for reference only
Pondo is a liquid staking protocol on the Aleo network. Users deposit Aleo tokens and receive pALEO tokens representing their staked share, enabling participation in staking while maintaining liquidity. The protocol automatically allocates funds to top-performing validators and dynamically adjusts based on on-chain performance to optimize yields. pALEO can be used in DeFi activities such as lending or trading. The protocol also features a PNDO token to capture fees: a 10% fee is charged on withdrawals and goes into a rewards pool, and PNDO holders can burn PNDO to claim Aleo rewards proportionally, creating a deflationary mechanism. The protocol is built by Aleo core contributors and has undergone multiple security audits.