Polar Sync — September Update

Polar Sync
5 min readOct 3, 2021

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Overview

  • $5 Million USD funding complete.
  • Full engineering team hired, along with other new team members.
  • Test pilot services deployed for new clients.
  • $500k POLAR/BNB liquidity and new exchange listings.
  • POLAR token yield farming and pool launched.
  • Investor and team tokens locked and vested.
  • CoinMarketCap and CoinGecko listings.
  • New website design.

$5 Million USD funding complete.

Over $5 million dollars of funding has been raised from private and strategic investors, including ChainRidge Capital and BSCPad. The funding will be used to accelerate the development of a highly robust, scalable infrastructure designed to provide lightning-fast data indexing and query functionality to decentralized applications.

This will provide Polar Sync with capital to hyperdrive the team, technology, partnerships, and marketing 🚀

Full engineering team hired, along with other new team members.

We are rapidly utilizing the capital from our seed fundraising round to onboard talented engineers onto the Polar Sync team. Our product relies heavily on tech and therefore it will always be our core focus to employ a very strong engineering team to support powerful innovation in the field 💪.

Our hiring efforts have paid off and we now have filled all positions in our full-time engineering team ✅ — which now consists of: 1 Principal rust engineer, 2 Senior rust engineers, 1 mid rust engineer, 1 Jr Rust engineer, 1 mid system engineer, 1 senior full stack developer.

We will now shift to hire executive members for business development and marketing positions. These roles will be responsible for new partnerships, client relations, brand awareness, community engagement, social media, and overall marketing. Keep an eye out on our jobs page to see if you fit any of our new job opportunities or know someone who does, https://polarsync.breezy.hr/

Team member bios and background will be available very soon upon the launch of our new website.

Test pilot services deployed for new clients.

Our engineering team has been hard at work on the backend solution for Polar Sync which will serve data for Apeswap and APYVision frontends. This is a big step forward for us as a company to begin supporting real products in the crypto marketplace. From here we will continue to expand our partnerships and onboard more crypto projects that need to access quickly on the blockchain.

Each partnership will propel us forward as we gain more exposure into new communities. 👏

$500k POLAR/BNB & New exchange listings.

Following our fundraise we have committed a total of $500k of company funds into BNB/POLAR pair on two of the leading DEX’s on BSC to support high volume trading of our utility token $POLAR.

Trade on ApeSwap: https://app.apeswap.finance/swap?inputCurrency=0xC64c9B30C981fc2eE4e13d0CA3f08258e725fd24

Trade on Pancakeswap: https://pancakeswap.finance/swap?outputCurrency=0xc64c9b30c981fc2ee4e13d0ca3f08258e725fd24

Trade on BKEX: https://www.bkex.com/trade/POLAR_USDT

POLAR token yield farming and pool launched.

Polar Sync tokens can be provided as liquidity along with BNB on ApeSwap to earn $BANANA tokens. To earn even more $POLAR tokens, individuals with Golden Banana tokens aka $GNANA can allocate some or all their $GNANA to the $100,000 $POLAR pool.

Stake $POLAR-$BNB LP ➡️ Earn $BANANA
Stake $GNANA ➡️ Earn $POLAR

You can view an excellent community guide on how to do this here — 👉 https://kentphillips.medium.com/polar-sync-%EF%B8%8F-farming-and-liquidity-provider-guide-on-apeswap-3b29252df227

Investor and team tokens locked and vested.

We are happy to announce that all of the contracts have been allocated and distributed with appropriate vesting schedules for early investors and team members.

Full vesting breakdown,
https://medium.com/@Polar_Sync/polar-sync-finally-launched-52ff014fc0bf

Full tokenomics breakdown,
https://medium.com/@Polar_Sync/polar-sync-tokenomics-112c71b41b16

You can view the liquidity lock here, https://bscscan.com/tx/0x416a7c40ef389c7d41456ab1fceec1607ea446d301c0c461b3840221919fbad3

CoinGecko and CoinMarketCap listings.

Coinmarketcap (CMC) and CoinGecko are the biggest crypto information websites currently providing data for reputable cryptocurrency projects like Polar Sync. Many users use both CMC and CoinGecko to find new projects which will bring a new opportunity for Polar Sync to gain exposure in the market. Both of these sources also provide up to data information regarding our community links, price data, chart, and more.

Be sure to ⭐️ us on Coin Gecko
https://www.coingecko.com/en/coins/polar-sync

Be sure to ⭐️ us on CoinMarketCap
https://coinmarketcap.com/currencies/polar-sync/

New website design.

Saved the best news for last! The current Polar Sync website was always scheduled to be replaced as it was meant for a quick informational site to allow new investors and interested parties to quickly learn about what we are looking to achieve in the cryptocurrency space. 🤝

However, as we continue to grow, it’s time for a new site. Our design team has went through several rounds of revisions to find the perfect balance of tech and simplicity to execute a marvelous new website that will have stunning graphics and animations once launched. Very excited to see the major impact this will have on our brand and future advancement of our product. 🦊

Join our community on Telegram or Reddit to tell us what you think and discuss POLAR SYNC,

👉 Twitter: https://twitter.com/Polar_Sync
👉 Telegram: https://t.me/PolarSync
👉 Reddit: https://www.reddit.com/r/PolarSync/

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