Polylastic

The Polylastic (POLX) Index is designed to track token performance within the ever-evolving Elastic Finance industry (EFi). Our index will include elastic cryptocurrencies, seigniorage tokens, algorithmic stablecoins, cash systems and whatever comes next. The index is weighted based on the value of community support measured by the number of stakers, as well as the market cap of the token.

This novel mechanism allows us to capture both technical innovation and community strength. Like traditional indices, Polylastic will track projects with significant usage and demand as well as those that show a vibrant community and commitment to ongoing development.   Our concept of money is being redefined before our eyes, and DeFi is leading the way. With new systems designed around seigniorage, rebasing, cash systems, fractional reserves and algorithms launching daily, it becomes impossible to keep up, and worse, gain appropriate exposure to the never-ending litany of new projects. The curated Polylastic Index and token will track the growth and adoption of this truly important space, while allowing any interested party to benefit alongside it.

Much like the S&P 500 affords average investors a “set it and forget” approach, the POLX token represents our confidence in the industry and its continued growth.