$POLAR is migrating to Ethereum

2 min readOct 27, 2022

0x58fcaa970339a9b1f8c0a5b4f3fcd7af2ba3075e is the new Ethereum Token address for POLAR

The utility token for Polar Sync ($POLAR) will be migrating to the Ethereum network November 10th, 2022.

The current POLAR BSC token contract at 0xC64c9B30C981fc2eE4e13d0CA3f08258e725fd24 on Binance Smart Chain will continue to be the main token of the Polar Sync project up until our migration date of November 10th 2022.

After the token migration to the Ethereum network the current BSC Polar Sync token will no longer be tied to the Polar Sync project and is effectively a legacy token.

👉 Liquidity will be moved from PCS to Uniswap — POLAR / USDC💰

If your wallet has a balance of less than 400 POLAR (~$10 USD) you will be excluded from the airdrop and these tokens will be added back into the community fund for staking rewards in the future.

Basing Polar Sync on the largest chain with the highest TVL ($31B) is the right move for us to make. This will allow us to expand and offer our utility token to a larger user base, compared to BSC (TVL $5B).

What do I need to do?

Make sure your wallet has over 400 POLAR to be eligible for the airdrop.
If you tokens are on an exchange you need to transfer them to a wallet you control.

On November 10th 2022 the new $POLAR token on Ethereum will be airdropped to the same wallet you currently hold your tokens on BSC.

What happens to the BSC version of $POLAR?

After the token migration to the Ethereum network the current BSC Polar Sync token will no longer be tied to the Polar Sync project and is effectively a legacy token.

Will $POLAR be on other chains in the future?

Most likely no. We will stick with Ethereum for the foreseeable future. Until there is a reliable solution for cross chain assets via a secure bridge the risk vs reward of being on multiple chains isn’t worth it. There have been too many exploits and hacks on bridges recently.

How much liquidity will be provided on Ethereum Uniswap?

$300,000 USDC 💰

How much time do we have before the airdrop?

The snapshot of balances on Binance Smart Chain will happen on November 10th, 00:00 UTC time and the airdrop on Ethereum will occur approximately 2 hours after that.