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POLAR

POLAR POLAR Price N/A

3 Watchlists

DeFi

POLAR Price

N/A

General Info

Contracts/Explorers:

Avalanche C-Chain

Tags (Sub-Categories):

#Inactive

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

POLAR is an innovative token allowing you to generate passive income with staking, bonding, and noding

POLAR (POLAR) Chart

POLAR price Index provides the latest POLAR price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Max Supply

POLAR 1,000,000

Total Supply

POLAR 1,000,000

Listing Date

15 Aug 2021

All Time High

$ 6.93

4 Feb 2022


All Time Low

$ 0.0000159

25 Sep 2023

What is POLAR (POLAR)?

POLAR is an innovative token allowing you to generate passive income with staking, bonding, and noding. POLAR-node is a gateway to community-selected DeFi protocols, allowing you to enjoy staking revenue with ease without having to go through bridges and swaps. POLAR-nodes are the tools that allow you to generate high-yield daily rewards while reinforcing the sustainable growth of the token. 

Stakers stake their POLAR on the POLAR web app to earn rebase rewards. The rebase rewards come from the proceed from bond sales, and can vary based on the number of POLAR staked in the protocol and the reward rate set by monetary policy.

Bonds allow users to buy $POLAR from the protocol at a discount by trading it with (1) liquidity (LP tokens) or (2) other assets. The former is called liquidity bonds and the latter reserve bonds. Bonds take roughly 15 epochs to vest, and $POLAR tokens are vested linearly to the user over that period. Liquidity bonds help the protocol to accumulate and lock liquidity, while reserve bonds allow the protocol to grow its treasury, and thus its RFV faster.

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