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DeFi
POL Price
Contracts/Explorers:
Ethereum
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Polars platform is a DeFi platform on the prediction market based on the Polars token
IDO
31 May — 31 May 2021
Raised
$ 150.00K
Price:
$ 0.200
Tokens For Sale:
750,000
Platform:
N/A
ATH ROI:
2.16x +116.4%
Polars platform is a DeFi platform on the prediction market based on the Polars token. The platform allows users to make money on bets, trading, arbitrage and on the liquidity providing to the Trade Pool. Additionally, users receive rewards for the created trading volume and for the trading volume of invited referrals. The uniqueness of Polars lies in the concept of polar tokens. There are two polar tokens, for example WHITE and BLACK. If the price of WHITE rises, then the price of BLACK falls, and vice versa, if BLACK rises, then WHITE falls by the same amount. But the aggregate price of the two polar tokens remains unchanged. Which token will grow and which will fall is influenced by the results of specific events from the real world - sports competitions, exchange rates, politics and other events in which there are opposing sides.
Each user can add liquidity of polar tokens to the Trade Pool and receive a portion of the liquidity fee that users pay for swaps. To do this, the user needs to buy WHITE and BLACK tokens for the same amount. Next, the user can add the purchased tokens to the Trade Pool on the Earn page in the Add Liquidity tab. In return, the liquidity provider will receive a certain number of PTPT tokens (Polars Trade Pool Tokens), which will reflect its weight in the total liquidity of the Trade Pool.
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