Polar Sync: Lightning Fast Data for Blockchain Applications
Lightning Fast Indexing & Query Solutions for Dapps
Polar Sync is a world-class API service platform designed for decentralized applications (“dapps”). We provide a highly robust, scalable infrastructure for developers to index, query and retrieve data at exceptionally fast speeds across multiple blockchains. Our technology allows engineers to build beautiful, responsive interfaces utilizing real-time data, ultimately creating delightful user experiences and repeat product usage.
If you’ve ever used a DEX to review token prices, liquidity depth, trading volume, or yields — all of that data is sourced from the blockchain. Polar Sync provides a highly optimized and efficient way to source and present valuable data to users, in real-time — bypassing the need for dapps to create and manage their own backend infrastructure (enabling them to focus on what they do best: BUIDL).
If you’ve heard of The Graph ($GRT), our service is similar — with the exception that our technology is specifically optimized for high-throughput chains such as BSC, Polygon, KCC (Kucoin) and OKEx (with more to come!).
But ser…indexing and queries?
The blockchain has a lot of data on it — and we mean, a lot. Many protocols, websites, and applications rely heavily on this data to service their users. However, they lack the infrastructure and expertise to support it — creating an urgent need for a data middle layer to bridge the two.
The issue with current solutions is that they have not adapted their product to accommodate high-throughput blockchains such as BSC, Polygon, and many others. These chains generate blocks 5-to-10 times faster than Ethereum. Simply put, their indexing and query technology cannot keep up with ongoing chain activity.
We have been working earnestly since February to deploy a fully robust solution capable of handling all the needs of major DeFi protocols with heavy transaction loads. To achieve this, we have implemented a variety of high performance optimizations that have yielded query speed improvements of up to ~20x versus The Graph.
Our product is currently being piloted with two customers, APY.Vision ($VISION), a leading analytics provider on BSC & Polygon, as well as Apeswap ($BANANA), one of the largest DEX platforms on BSC. Our solution has also successfully demonstrated its ability to provide real-time data to high profile, large-scale projects such as Pancakeswap ($CAKE). We are actively expanding our footprint to service additional applications, as well as two additional chains — KCC (Kucoin) and OKEx.
Who built Polar Sync?
Polar Sync was built by the same team of engineers and designers that launched UniTrade ($TRADE), a DeFi application for trading, staking, farming, NFTs and most recently, as a bridge for crypto projects looking to migrate from Ethereum to BSC and Polygon. UniTrade was launched during the early days of the “DeFi Summer,” and was the first application to implement limit orders on Uniswap V2.
We have a proven track record of conceptualizing solutions, and designing, developing, deploying, iterating and cascading them into the marketplace. We have continued to roll out new features and optimizations for UniTrade, most recently traversing the migration to a multi-chain solution (ETH & BSC). We are a trusted partner of DeFi Pulse, the requisite industry authority on Decentralized Finance, and have a publicly traded token (TRADE) with a Telegram community of ~6,000 and Twitter following of 10k+.
We believe that our experience as an existing DeFi application on BSC — as well as many years of development experience in blockchain and crypto — gives us a unique perspective to solve the problem that we personally faced ourselves: to quickly and easily query data on high speed blockchains.
Wen Token?
Timing: we have received an enormous amount of inquiries regarding our highly anticipated IDO. Our token will be launching exclusively on BSCpad on August 30th, with details about whitelisting, valuation and tokenomics expected imminently. Our token ($POLAR) will be in standard BEP-20 format, with plans to adopt Ethereum and Polygon versions in the near future.
Utility: POLAR will be a utility token for the Polar Fox ecosystem. In order to utilize nodes (servers) for their API services, dapps will be required to purchase — and stake — their POLR tokens. As more users interact with the blockchains and protocols being supported, a corresponding increase in query volumes is expected — and, therefore, more POLAR tokens will be required for ongoing usage.
Additionally, as the platform expands, and decentralization of services are offered to the Community, the POLAR token will be used as a reward for those node service providers. The token is also expected to carry certain governance rights over the network, including the most optimal use of Foundation and Treasury assets.
Please stay tuned to our Telegram channels for more information about our launch, tokenomics and technology roadmap.
More Information
Homepage (new design coming soon!): https://www.polarsync.app
Twitter: https://twitter.com/Polar_Sync
Main Telegram: https://t.me/PolarSync
Announcements Telegram: https://t.me/PolarSyncNews
