What Is Pacoca (PACOCA)?

Pacoca (PACOCA) is a portfolio managing platform designed to track users decentralized finance (DeFi) assets on the Binance Smart Chain (BSC). A portfolio is a pack of financial acquisitions like bonds, stocks, commodities, and other assets. The Pacoca platform aims to create a suite of complementary DeFi products operating in a harmonious ecosystem. The platform facilitates users to track their funding and manage DeFi assets. Subsequently, with the help of PACOCA dapps, users can also harvest their yield in the PACOCA wallet.

According to its whitepaper, the DeFi umbrella has been expanding recently, attracting crypto enthusiasts from around the globe. However, individuals need to access each DeFi projects to add or remove funds, receive rewards, and check their balances. While doing so, beginners struggle to start funding in DeFi projects. Thus, the Pacoca platform aims to ease user experience and naturally help DeFi beginners interact with the blockchain.

The Pacoca platform is a DeFi hub with a real-time portfolio viewer where users can track their fundings and DeFi projects on BSC and other Ethereum Virtual Machine (EVM) based blockchains. Additionally, users can paste their asset address in the input field and track their PACOCA wallet on the platform. Consequently, the Pacoca platform intends to provide a comprehensive and centralized view of the assets in different DeFi projects.

PACOCA is a native token that empowers the Pacoca ecosystem. The native token is a vault that helps to control developing advancement proposals. Further, PACOCA is a governance token used for voting or funding the portfolio and decisions for the better future of the platform. The token is also used for unlocking portfolio exclusive features like staking and locking in the liquidity to gain non-fungible tokens (NFTs) as rewards. Later, the users can trade or transfer the NFT rewards received on a cross-platform NFT marketplace.

History of Pacoca (PACOCA)

The members of the team are anonymously named as Milkshake de Pacoca and Mr. Peanuts, who are the co-founders of the Pacoca platform. The PACOCA team aimed to issue a maximum supply of 100,000,000 PACOCA tokens.