Polaris DeFi

Polaris DeFi

Created using Figma
Created using Figma
Polaris is an open protocol that allows anyone to easily create secure liquidity mining pools ("Supernovas") that incentivizes long-term liquidity provision and value accrual back to the POLAR token
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • PancakeSwap (v2)
    POLAR/BUSD 8 months ago
    $ 0.0433
    $ 19.736 K
    5.04%
    86.45%
  • PancakeSwap (v2)
    POLAR/WBNB 8 months ago
    $ 0.0434
    $ 30.035 K
    4.31%
    101.62%
  • PancakeSwap (v1)
    POLAR/BUSD 8 months ago
    $ 6.03
    $ 227.338 K
    -44.22%
    54.26%
  • PancakeSwap (v1)
    POLAR/WBNB 9 months ago
    $ 7.38
    $ 123.422 K
    -31.54%
    74.24%
To be announced
Additional Details
Categories
Platform

About Polaris DeFi

Polaris is a decentralized platform on BSC and Polygon where anyone can easily create custom liquidity mining or staking pools known as "Supernovas".

The pools are completely permission-less, meaning anyone can create them (just like how anyone can create a token pair on PancakeSwap or Uniswap).

These Supernova pools are easily customizable to properly incentivize long-term liquidity provision, making Polaris an ideal solution for projects to jumpstart their token distribution program without needing to develop their own staking pools.

POLAR Utility

Another unique feature of these Supernova pools is the staking rewards are "competitive". This means users can spend POLAR when unstaking in order to gain multipliers on their harvests. Half of the spent POLAR is burned and the other half is transferred to the pool owner.

Not only does this give POLAR practical utility, it burns the supply over time, creation deflationary pressure.

Further POLAR Value Accrual

Polaris has a unique "revenue" model in order to continually grow the value of POLAR. These revenues are sent to treasury and will be used to cover Project costs. If any owned by treasury are unused they will be used to build Polar liquidity pools.

When Supernova creators fund their pools, 2% of their reward tokens are sent to the Polaris treasury.

When stakers harvest their rewards, 4% of the rewards are sent to the Polaris treasury

When stakers pay Polar to multiply their rewards, 50% of these Polars are sent to the Supernova owner. The remaining 50% are burned.

Activity

Followers:
3 573
MEDIUM
Tweets:
354
HIGH
30 Days Growth:
-53
Members:
2 838
MEDIUM
30 Days Growth:
-81
Year commits:
702
Watchers:
0
Stars:
0
Forks:
0
Open issues:
0

Polaris DeFi Last News

$ 0.0014
4.33%
Crypto Stats
Daily, %:
4.33%
Weekly, %:
-24.68%
Monthly, %:
19.58%
Market Info
Market Cap:
$ 54.634 K
Volume 24h:
$ 1.437 K
Circ. Supply:
38.243 M POLAR
Ticker:
POLAR
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