🚧 🛠 🚧 ⚒ 🚧

🏸LEVERAGE functionality fix update

🍽Leverage functionality will be back within a month. The team have found the issue in the leverage contract. It is a minor bug which does not affects financial math, however it affects data availabilty on the website. The team has already fixed the smart contract and will return the leverage functionality back once everything will be tested and redeployed.

🚥Funds are safu. All not withdrawn leverage funds from the previous contract will be returned to their owners soon.

🚧 🛠 🚧 ⚒ 🚧

LEVERAGE functionality leverage funds refund program.

This is a message for those who have blocked funds in the broken Leverage contract. it can be both:

1. Added liquidity
2. Not withdrawn leverage orders

If you have one of the mentioned above, please write to our admin @HellRush in telegram that you have blocked funds in the leverage contract and share with him transaction hashes of your blocked orders or liquidity addition. You can find all your Polars Leverage contract transaction on the page of Leverage contract of the polygonscan or on the page of your account on the polygonscan.com .
After we will check, that there is no withdraw actions for you add liquidity or create order transactions, we will refund it to the address from transactions you have provided to us.

🫵🏼Beware of scams. Strictly follow the procedure described in the current message which is the only source of the leverage funds refund procedure information.

LEVERAGED ORDERS ARE BACK
on the polygon.polars.io

👌🏿👌🏾👌🏽👌🏼👌🏻👌

We have adjusted the smart contract.

Also We have redistributed user funds from the previous Leverage contract back to its respectful owners.

👌👌🏻👌🏼👌🏽👌🏾👌🏿

POL LEVERAGE UPDATE

Unfortunatly additional issue happend on the POL pool leverage contract. We will investigate the issue and return all blocked funds to its respectful owners.

Events on the POL pool are currently postponed for several days.

DeFi development is risky, but once smart contracts are fixed it becomes very reliable then. Some issues on the way to perfectetion.

POL POOL UPDATE

We have finalized last event in the POL pool, so users who have unclaimed orders should be able to claim it now.

We also have found the issue in the Leverage contract and planing to fix it within two weeks. There is a bug which gives an opportunity to create a leveraged order after event started what caused unstable state of contracts and it was impossible to finish an event in a regular way.

Stay in touch and thank you for growing with us together🦾

POL POOL UPDATE

Old Leverage contract is unconnected from the POL platform currently. For those, who did not finished withdrawal from previous Leverage contract on the POL platform please contact admins and provide information about your transactions.

New Leverage contract for the POL platform is in the polygon mainnet deployment and testing phase currently.

POL POOL LEVERAGE
is BACK

🙌🙌🏻🙌🏼🙌🏽🙌🏾🙌🏿

The updated smart contract for the POL platform leverage were deployed and added to the platform a couple days ago. And we can see that users are using it already. It has very high liquidity usage rate already.

All users who had blocked funds in the previous leverage contract and had contacted our admins already where able to reclaim funds back.

USDC PLATFORM UPDATE

From Tuesday to Wednesday next week (23-24.05.2023) we will perform USDC platform updates, so the platform will not operate and there will be no events.

Polars.io WEB site is down because of the issue with website hosting provider. We are investigating the issue.

Addition: Website is back online.

🎉We have released the leverage contract on the USDC platform.

Now you can add liquidity to the leverage contract and also make leveraged predictions.

‼️Attention! During the leverage contract testing phase on USDC, all risk for the safety of funds is the responsibility of users who have added liquidity.

🚀Let's try and earn!

DON'T BRIDGE POL tokens TEMPORARY.

Unfortunatly Multichain.org bridge has some issues currently and they are not always operating well. So we recommend not to bridge tokens and follow news of Multichain bridge to know when the situation changes.

Multichain bridge is not under control of Polars.io team, so we cannot do anything related to issues with the bridge.(Same for all other bridges)

There is an issue with add/remove leverage liquidity currently under investigation. Please don't try to add new liquidity until it will be resolved.

The issue with leverage liquidity withdrawal, mentioned in the previous message were solved. There were some web interface issues and finally the user was able to withdraw funds by him self using mobile. However some web interface issues might be still possible, smart contract was able to perform as expected.

Cheers.