About Us
PIllars Mission
Pillars offers third-party asset backing for various XRP Ledger projects through XRP, while also offering PLR holders and other assets opportunities to earn passive XRP rewards. With Pillars, any XRP Ledger asset gains the potential for sustained value appreciation in XRP and ensures a passive income stream.
Pillars benefits both PLR token holders and Pylon projects in different ways. The inspiration for Pillars came from the Permanent Drip (and Rain) Funds of Reaper Financial and Ascension Index, but with even more utility!
Pillars, part of Atum Industries’ suite of services, enables XRPL projects to focus solely on their mission and goals without the burden of monitoring token prices or ensuring value. We handle the financial aspects, allowing projects to concentrate on their core objectives
Building Value for PLR holders
Pillar Token holders will enjoy the following benefits by holding PLR token:
- XRP passive income every 2 weeks (named Pi)
- An absolute floor value for the token via the limit buy orders. The entire supply could be sold into the buy order and receive a fair share of the Pillar Fund
- As you vote for your favor Pylon Project, their Pillar Fund (and it's 'floor price') will increase after each event
- Additional XRP passive income from future AMM pools, split between the Pylon and PLR token holders
Architecting Solutions for the XRPL
The Pylon projects will benefit from the Pillar Fund in the following ways:
- An XRP asset backing Fund that will increase every 2 weeks based on the PLR token holders votes and funds earned from the event.
- Create a rising 'floor price' via limit buy orders
- Additional liquidity in token's AMM pools (after XLS-30d implementation)
- XRP Grants for project development/utilization
