Instructions

Before using PolyQuity V2, you need to understand the following changes.

Synchronization


We are happy to announce that PolyQuity V2(Multi-collateral Assets) will be officially launched on September 26, 2021!

The USDC (POS) is the first new collateral we support.

New Collateral

Mint

Stability Pool(PUSD.USDC)

Read more about PolyQuity V2

2. F.A.Q of “Multi-Collateral” Version

3. PolyQuity Dollar(PYD) Launched

Links

Gitbook: https://docs.polyquity.org/

Twitter:https://twitter.com/polyquity_org

Telegram: https://t.me/polyquityorg

Email:contact@polyquity.org


We have completed the first phase of work for “Multi-Collateral” version and deployed the PolyQuity Dollar(PYD) contract.

Token Name:

Contract:

Decimals:

Mint PolyQuity Dollar (PYD):

After the “Multi-Collateral” version is released, we will start some incentive pools to reward liquidity providers of PYD/ Other tokens.

Links

Gitbook: https://docs.polyquity.org/

Twitter:https://twitter.com/polyquity_org

Telegram: https://t.me/polyquityorg

Email:contact@polyquity.org


As mentioned in the previous article, the PolyQuity protocol will support multiple crypto-assets as collateral. We have compiled some frequently asked questions from the community.

PUSD.TOKEN

What is PUSD.TOKEN?


We will begin a comprehensive transformation of the system to support “Multi-Collaterals.”

As everyone knows, we do not have any admin keys to directly modify or upgrade the PolyQuity contract.

As such, so our team will adopt a new mechanism to support the “Multi-Collateral” version. Here, we would like to…


We are very happy to announce that V2 will be launched soon! The innovative features it contains will make the protocol much more competitive.

Innovative Locking


PolyQuity’s Redemption Mechanism

The Redemption Feature will be unlocked on 7/11/2021

Before we get started, I’ll answer the most common question right away. No, redemptions are not the same as paying back your Trove’s debt. You can do that free of charge and debt repayment has been available since launch.

What are PUSD redemptions?


Overview

Transfer Fee

Mechanism:

  • A…


TLDR;

  • There will be 1 Billion PYQ tokens. Allocations and distribution methods can be found below.

PolyQuity Contracts

Codes on Github

Audit Report by Certik

Launch Details

Deployment

Functionality


PolyQuity is based on the audited Liquity code base.

Auxiliary code was added by PolyQuity and these code changes (including innovative mechanism for PYQ token ) have been audited by Certik. The summary of the audit report has now been uploaded.

You can find the PolyQuity source code audit by Certik below:

https://www.certik.org/projects/polyquity

Safety and security will continue to be one of our top priorities. We would like to thank the Certik team for auditing PolyQuity. In the future, we will continue to seek new audit reports from other audit companies.

Links

Gitbook: https://docs.polyquity.org/

Twitter:https://twitter.com/polyquity_org

Telegram: https://t.me/polyquityorg

Email:contact@polyquity.org

PolyQuity

PolyQuity provides a decentralized borrowing protocol with interest-free loans, high capital efficiency on Polygon network.

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