We can see a huge spike in withdrawal the first 2 days after the lockup period with a total of 12M of the total 20M $MINE tokens claimed from the pool.

Pylon Pools

Pylon Pools is a lossless investment vault whereby Investors can choose from any of the 3 Pylon Pools with varying vesting periods. The longer the vesting period, the higher the returns.

Investors can simply deposit their UST into the Pool, the deposits will then be routed to Anchor to earn ~20% interest. The interest earned will be used to swap for the respective pool's token based on the pool's distribution rate and total deposits

• Pool 1: $MINE vesting over 18 months, rewards claimable after 9 months
• Pool 2: $MINE vesting over 6 months, rewards claimable after 6 months
• Pool 3: $MINE vesting over 3 months, rewards claimable after 3 months

Pylon Swaps

Pylon Swap is a virtual fixed swap pool with one-way token price guarantees. Investors can swap UST for the project's token at a fixed price and withdraw the tokens after a lockup period. This is to prevent unfair token launch - bots buying up and draining liquidity, causing price of the project's token to shoot up.

Let's take a look at Pylon Protocol $MINE distribution via Pylon Swap below. At initial launch, $MINE token are priced at $0.01 per token with $2M in value swapped.

We can see from the graph above, a total of 200M $MINE token has been withdrawn. A huge spike in withdrawal on 26 July, after the 1 month lockup period ended which is an expected behavior.

Next, let's take a look at Pylon Protocol own MINE Pool 3 with 20M $MINE tokens pool size. The graph below shows $MINE token claimed from Pylon Pool 3 after the 3 months lockup period.

Conclusion

In my personal opinion, I think that Pylon Pool has a much better and fairer distribution of MINE tokens to investors. Only early investors are able to get in on Pylon Swap at the price of $0.01 per token which is more than 12x at today's $MINE token price. Even though there are some limitation such as $10k UST purchase per wallet address, whales can simply create multiple wallets and to buy in.