We have deployed v2 platform on the app.polars.io on the Rinkeby testnet. You can try it now.
Main User experience update is that there is no base pool for now and no need to add liquidity to the Betting pool(formerly Liquid pool). It is possible now to go directly to the betting pool in by as much tokens as you want.
Main User experience update is that there is no base pool for now and no need to add liquidity to the Betting pool(formerly Liquid pool). It is possible now to go directly to the betting pool in by as much tokens as you want.
π₯Polars will be converted to DAO within a yearπ₯
Lately, we have published news about big changes in Polars.
πAmong them, Business Model Update is one of the crucial, as well as transition to DAO.
Immediately after the launch of the Governance Smart Contract, the management of the Polars protocol will pass to the POL holders. All decisions will be made by voting. All processes will be carried out completely decentralized.
πWhy DAO?
1. Decentralized and fair system. Every POL holder will have the opportunity to vote on some governing decisions, including distributing POL tokens among participants.
2. Reliability. Updates related to tokenomics, such as the simplification of the blockchain architecture, a mechanism for adding and burning POL, the distribution of commissions, are entirely appropriate for DAO capabilities and reliability.
3. Publicity of verification of decisions. Transparency of DAO, any financial decisions allows managing your investments securely and firmly.
πThanks for joining Polars
Lately, we have published news about big changes in Polars.
πAmong them, Business Model Update is one of the crucial, as well as transition to DAO.
Immediately after the launch of the Governance Smart Contract, the management of the Polars protocol will pass to the POL holders. All decisions will be made by voting. All processes will be carried out completely decentralized.
πWhy DAO?
1. Decentralized and fair system. Every POL holder will have the opportunity to vote on some governing decisions, including distributing POL tokens among participants.
2. Reliability. Updates related to tokenomics, such as the simplification of the blockchain architecture, a mechanism for adding and burning POL, the distribution of commissions, are entirely appropriate for DAO capabilities and reliability.
3. Publicity of verification of decisions. Transparency of DAO, any financial decisions allows managing your investments securely and firmly.
πThanks for joining Polars
π’Connecting MetaMask to BSC Testnet
Network name: BSC Testnet
New RPC url: https://data-seed-prebsc-2-s3.binance.org:8545/
ChainID: 97
Token: BNB
Explorer: https://explorer.binance.org/smart-testnet
Or connect your wallet https://chainlist.org/ and select the desired network, the settings will be registered automatically.
π° Take a test BNB once a day https://testnet.binance.org/faucet-smart
Network name: BSC Testnet
New RPC url: https://data-seed-prebsc-2-s3.binance.org:8545/
ChainID: 97
Token: BNB
Explorer: https://explorer.binance.org/smart-testnet
Or connect your wallet https://chainlist.org/ and select the desired network, the settings will be registered automatically.
π° Take a test BNB once a day https://testnet.binance.org/faucet-smart
πππLet's start the airdrop distribution process.
1οΈβ£In order for you to receive 450 tPOL to your address, you need to confirm the activity of your wallet. To do this, you need to go to the bot, carefully read all the information, and insert your wallet address in the appropriate field.
πBot Link: tg://resolve?domain=polars_io_bot&start=ml22
2οΈβ£For tPOL tracking you need to add BSC Testnet to your metamask.
πManual: https://t.me/polarsio/1005
3οΈβ£Next, you need to add the tPOL token (BSC Test) to your wallet.
πtPOL: 0x3084f20bd972Cec3d4Ba5561B91F9761844Dcd04
βΌοΈFollow the news carefully. Instructions will be announced soon. You only have a couple of weeks to receive your airdrop. Thanks for your support!
1οΈβ£In order for you to receive 450 tPOL to your address, you need to confirm the activity of your wallet. To do this, you need to go to the bot, carefully read all the information, and insert your wallet address in the appropriate field.
πBot Link: tg://resolve?domain=polars_io_bot&start=ml22
2οΈβ£For tPOL tracking you need to add BSC Testnet to your metamask.
πManual: https://t.me/polarsio/1005
3οΈβ£Next, you need to add the tPOL token (BSC Test) to your wallet.
πtPOL: 0x3084f20bd972Cec3d4Ba5561B91F9761844Dcd04
βΌοΈFollow the news carefully. Instructions will be announced soon. You only have a couple of weeks to receive your airdrop. Thanks for your support!
π’If you have not yet voted on this Poll, please vote and leave your comments below the post. For us it is very important. Thanks.
π https://t.me/polarsio/999
π https://t.me/polarsio/999
Telegram
POLARS.IO ANNOUNCEMENTS
What network would you prefer as the base for the Polars platform at the mainnet launch?
Binance Smart Chain (BSC) / MATIC (Polygon) / Other (Write Comment)
Binance Smart Chain (BSC) / MATIC (Polygon) / Other (Write Comment)
What do you think about new Twitter style? (https://twitter.com/polars_io)
Anonymous Poll
96%
Cool. I like it
4%
Bad. I don't like it
ππππππππ
https://twitter.com/polars_io
https://twitter.com/polars_io
πWe remind you that we have launched the airdrop distribution process and you can already take the first steps.
1οΈβ£Confirm the activity of the address. (If you have already confirmed - skip)
πhttps://t.me/polarsio/1006
2οΈβ£Add Binance Smart Chain Testnet to your Metamask and take some test BNBs.
πhttps://t.me/polarsio/1005
3οΈβ£Vote for the network you would like to launch Polars mainnet from:
πhttps://t.me/polarsio/999
4οΈβ£Check out the new styles for Twitter and Medium.
πTwitter https://t.me/polarsio/1011
πMedium https://t.me/polarsio/1013
5οΈβ£Explore information on the latest Polars updates.
πhttps://t.me/polarsio/998
1οΈβ£Confirm the activity of the address. (If you have already confirmed - skip)
πhttps://t.me/polarsio/1006
2οΈβ£Add Binance Smart Chain Testnet to your Metamask and take some test BNBs.
πhttps://t.me/polarsio/1005
3οΈβ£Vote for the network you would like to launch Polars mainnet from:
πhttps://t.me/polarsio/999
4οΈβ£Check out the new styles for Twitter and Medium.
πTwitter https://t.me/polarsio/1011
πMedium https://t.me/polarsio/1013
5οΈβ£Explore information on the latest Polars updates.
πhttps://t.me/polarsio/998
πWe invite you to our Discord server!
Many of you asked us if we will have an active discord server. Based on your requests, we have created a discord ahead of the mainnet launch.
π’Support the server, and if you use Discord please join. We will be glad to see you there.
πDiscord link: https://discord.gg/fMbPxCB3
Many of you asked us if we will have an active discord server. Based on your requests, we have created a discord ahead of the mainnet launch.
π’Support the server, and if you use Discord please join. We will be glad to see you there.
πDiscord link: https://discord.gg/fMbPxCB3
πRegistration for the big trading competition is open right now.
In contrast to the tPOL platform wich created only for early adopters, In the big trading competition can take part everyone.
π’This trading competition is timed to coincide with the launch of the Polars mainnet and its main goal is to educate users of the basic functions and capabilities of the platform. That is why the first big trading competition will take place on the test network and you will not need your own money to participate.
But the prizes will be absolutely real.
π$200k + in tokens of our sponsors and partners,
π$50k in POL tokens,
πNFTs of our sponsors and partners.
Most importantly, 30% of the prize pool will be distributed among all participants in the trading competition in the form of an airdrop. Therefore, in any case, you will receive a guaranteed reward. 70% of the prize pool is split between the top 100 traders by PnL.
πRegistration link: tg://resolve?domain=polars_io_bot&start=ml23
In contrast to the tPOL platform wich created only for early adopters, In the big trading competition can take part everyone.
π’This trading competition is timed to coincide with the launch of the Polars mainnet and its main goal is to educate users of the basic functions and capabilities of the platform. That is why the first big trading competition will take place on the test network and you will not need your own money to participate.
But the prizes will be absolutely real.
π$200k + in tokens of our sponsors and partners,
π$50k in POL tokens,
πNFTs of our sponsors and partners.
Most importantly, 30% of the prize pool will be distributed among all participants in the trading competition in the form of an airdrop. Therefore, in any case, you will receive a guaranteed reward. 70% of the prize pool is split between the top 100 traders by PnL.
πRegistration link: tg://resolve?domain=polars_io_bot&start=ml23
πPolars Monthly Plans.
1οΈβ£ Launch of the tPOL platform for users who should receive an airdrop for participating in early testing. During the airdrop process, we will fully test all Polars smart contracts before launching the mainnet. After testing, we will swap tPOL for real POL. More details here...
2οΈβ£ Non-public Launch of Polars mainnet for the community and deep testing of smart contracts. In case of successful testing, immediately after the completion of the complete redesign of the platform, we announce the official launch of the Polars Mainnet.
3οΈβ£ Launching a marketing campaign to mark the launch of Polars mainnet and announcing a big trading competition on the testnet. Launch of a referral program based on the trading volume of invited users and announcement of our sponsors and partners.
4οΈβ£ Start of a large trading competition on the testnet with a prize pool of $ 200k +.
More details here...
5οΈβ£ Listing on one or more centralized exchanges.
1οΈβ£ Launch of the tPOL platform for users who should receive an airdrop for participating in early testing. During the airdrop process, we will fully test all Polars smart contracts before launching the mainnet. After testing, we will swap tPOL for real POL. More details here...
2οΈβ£ Non-public Launch of Polars mainnet for the community and deep testing of smart contracts. In case of successful testing, immediately after the completion of the complete redesign of the platform, we announce the official launch of the Polars Mainnet.
3οΈβ£ Launching a marketing campaign to mark the launch of Polars mainnet and announcing a big trading competition on the testnet. Launch of a referral program based on the trading volume of invited users and announcement of our sponsors and partners.
4οΈβ£ Start of a large trading competition on the testnet with a prize pool of $ 200k +.
More details here...
5οΈβ£ Listing on one or more centralized exchanges.
πPolars: New types of Pools
Before launching the mainnet, we carried out several updates, in particular, changed the pools` structure. So, let's briefly recall what Polars pools are and their roles.
π₯Betting Poolπ₯
In this pool, the users buy, sell, and exchange polar tokens at a fixed price without slippage. The price depends on the result of the external event and changes as soon as the event is over. The Betting Pool becomes inactive during the event, so the users can't perform any transactions, but it is possible in the Trade Pool. In the Betting Pool, the users can buy tokens with BUSD.
π₯Trade Poolπ₯
Trade Pool is a full-fledged fork of the Balancer pool. In the Trade Pool, the users exchange Black, White, and BUSD tokens. Check out the table, where you can calculate the size of your rewards for adding liquidity:
https://docs.google.com/spreadsheets/d/1cObYeoJ9pfcYjx73dDvS6I2n9x0KczqXvXoG6YdxCS4/edit#gid=1645131042
π©Stay tuned, it's gonna be hot!
__
http://polars.io/
Before launching the mainnet, we carried out several updates, in particular, changed the pools` structure. So, let's briefly recall what Polars pools are and their roles.
π₯Betting Poolπ₯
In this pool, the users buy, sell, and exchange polar tokens at a fixed price without slippage. The price depends on the result of the external event and changes as soon as the event is over. The Betting Pool becomes inactive during the event, so the users can't perform any transactions, but it is possible in the Trade Pool. In the Betting Pool, the users can buy tokens with BUSD.
π₯Trade Poolπ₯
Trade Pool is a full-fledged fork of the Balancer pool. In the Trade Pool, the users exchange Black, White, and BUSD tokens. Check out the table, where you can calculate the size of your rewards for adding liquidity:
https://docs.google.com/spreadsheets/d/1cObYeoJ9pfcYjx73dDvS6I2n9x0KczqXvXoG6YdxCS4/edit#gid=1645131042
π©Stay tuned, it's gonna be hot!
__
http://polars.io/
πPolars Angels ProgramπΌπ»
Polars Angels are the first 1000 users who actively participate in the development of the platform and invite new users to the platform, engage in educational activities and train new users.
Advantages:
βοΈ+15% to all referral rewards
βοΈAutomatic distribution of new referrals who came to the platform on their own.
βοΈOther rewards
How to become a Polars Angel?
1οΈβ£The first 500 Angels will be selected from the tPOL Airdrop. You need to make as many tPOLs out of your initial 450 tPOLs as possible. Those users who manage to get the maximum profit will get the opportunity to become Polars Angels.
2οΈβ£The remaining 500 Angels will be selected by the community based on their contribution to the development of Polars. These can be various merits, Polars Friend status, users who will participate in bounty programs, community development, marketing, etc.
πMore details here: https://link.medium.com/QhdjLP1Hkjb
Polars Angels are the first 1000 users who actively participate in the development of the platform and invite new users to the platform, engage in educational activities and train new users.
Advantages:
βοΈ+15% to all referral rewards
βοΈAutomatic distribution of new referrals who came to the platform on their own.
βοΈOther rewards
How to become a Polars Angel?
1οΈβ£The first 500 Angels will be selected from the tPOL Airdrop. You need to make as many tPOLs out of your initial 450 tPOLs as possible. Those users who manage to get the maximum profit will get the opportunity to become Polars Angels.
2οΈβ£The remaining 500 Angels will be selected by the community based on their contribution to the development of Polars. These can be various merits, Polars Friend status, users who will participate in bounty programs, community development, marketing, etc.
πMore details here: https://link.medium.com/QhdjLP1Hkjb
πππPolars Partnership Bounty!
π°Do you want to help Polars in Business Devlopment and make money from it?
We will be running many consecutive trading competitions with big prize pool and we need sponsors and partners for the whole year ahead! Participate in organizing sponsorship partnerships and get rewards. Additionally, you will receive the status of Polars Angel.
πDetails of the bounty program in this article: https://link.medium.com/s49CbUscmjb
β For all questions, write to Alex on Telegram @polars_partnership or email az@polars.io
π₯Let's show the strength and power of the Polars community, let's create together an epic competitions that will thunder throughout the crypto industry! Thanks for your support!
π°Do you want to help Polars in Business Devlopment and make money from it?
We will be running many consecutive trading competitions with big prize pool and we need sponsors and partners for the whole year ahead! Participate in organizing sponsorship partnerships and get rewards. Additionally, you will receive the status of Polars Angel.
πDetails of the bounty program in this article: https://link.medium.com/s49CbUscmjb
β For all questions, write to Alex on Telegram @polars_partnership or email az@polars.io
π₯Let's show the strength and power of the Polars community, let's create together an epic competitions that will thunder throughout the crypto industry! Thanks for your support!
πMainnet: what to expect? Highlightsπ
What platform`s functions have been updated, and how will it work after the launch of the main network? Let's talk about it.
πWe have abolished the Base Pool, and now there are only the Betting Pool (former Liquidity Pool) and the Trade Pool available. To become a liquidity provider, a user needs to add Black, White, and BUSD tokens in a correlation that is relevant to the pool.
Users pay commission for each transaction in the Betting Pool. The commissions are distributed as follows:
π 40% - POL buyback and burning
π₯40% - Buyback and distribution among Advanced Users.
π₯15% - Operatorβs commission
π₯5% - Increase the Ρolaterization of polar tokens
For the Trade Pool:
πΆ70% - Liquidity providers who have added liquidity to the Trade Pool.
π·30% - Buyback and distribution among Advanced Users.
Users still have arbitrage opportunities on the platform, and now they can buy and sell polar tokens within Betting Pool and Trade Pool.
Read full on Medium
What platform`s functions have been updated, and how will it work after the launch of the main network? Let's talk about it.
πWe have abolished the Base Pool, and now there are only the Betting Pool (former Liquidity Pool) and the Trade Pool available. To become a liquidity provider, a user needs to add Black, White, and BUSD tokens in a correlation that is relevant to the pool.
Users pay commission for each transaction in the Betting Pool. The commissions are distributed as follows:
π 40% - POL buyback and burning
π₯40% - Buyback and distribution among Advanced Users.
π₯15% - Operatorβs commission
π₯5% - Increase the Ρolaterization of polar tokens
For the Trade Pool:
πΆ70% - Liquidity providers who have added liquidity to the Trade Pool.
π·30% - Buyback and distribution among Advanced Users.
Users still have arbitrage opportunities on the platform, and now they can buy and sell polar tokens within Betting Pool and Trade Pool.
Read full on Medium
If you are on the airdrop list and have verified your address in the bot, but you have not received the tpol yet - please verify the address again by clicking on this link: tg://resolve?domain=polars_io_bot&start=ml22