Polars: Liquidity Distribution Program (update)
In previous articles, we talked a lot about the basic concept of polar tokens, the technical structure of the platform and the distribution of fees. We introduced the POL governance token and introduced you to our roadmap. Also, we examined the mechanisms of farming and voting. We received a lot of questions about the terms of the token sale, its stages and terms. In this article, we will walk you through all the details of the liquidity distribution program in detail. Let’s go!
Polars liquidity distribution program has several stages:
- Private Sale [150mln POL] — April-May 2021
- Pre-sale for testers [34.1mln] — May 2021
- Public sale [2.5mln POL] — end of May 2021
- Phase 1. IDO A2DAO [750k POL]
- Phase 2. IDO MantraDAO [500k POL]
- Phase 3. Testers Lottery [500k POL]
- Liquidity farming program [5,24mln POL] — June-August 2021
- Testers airdrop [5mln POL] — TBA
Let’s take a closer look at each of the stages.
1. Private Sale
We receive many requests from users with an offer to participate in a private sale, but our main task at the current stage is to get powerful and competent backers in the face of venture funds and institutional investors. In the ranks of the Private Sale participants, we would like to see successful venture funds, influencers and opinion leaders, infrastructure players and other institutional investors. These categories will be given the opportunity to acquire most of the Private Sale allocations. We are interested in getting investors and partners on board who see potential in our idea and intend to help in the development of the platform for a long time.
[7.5%] 150,000,000 POL for Private Sale investors.
Minimum investment: $50,000
Lock-up: 6 month, then unlock 25% per quarter
Date: April-May 2021
2. Pre-sale for testers
Users who will actively participate in the beta testing of the platform, beginning in April, will have access to the closed pre-sale stage. To do this, the user needs to be added to the white list of testers and follow the instructions for testing the platform. We want active users to become owners of governance tokens on the best terms, which is why we have singled out this stage of the token sale separately. The maximum allocation for one Ethereum address is $ 1000.
[1.68%] 34,165,000 POL for pre-sale for testers
Maximum allocation for eth-address: $1000
Option 1: $0.15, lockup 6 month
Option 2: $0.20, lockup 3 month
Option 3: $0.25, lockup 1 month
Date: May 2021
3. Public Sale
[0.0375%] 750,000 POL for IDO A2DAO
Date: end of May 2021
Learn details here: https://medium.com/mantra-dao/polars-zendit-announcement-participation-pool-details-4df131496c85
[0.017%] 350,000 POL
Date: end of May 2021
Testers Lottery — TBA
[0.05%] 1,000,000 POL
Date: end of May 2021
4. Liquidity farming program
Immediately after listing on Uniswap and Pancake Swap, the Liquidity farming program starts. Users can add liquidity to POL-ETH, POL-USDC pairs on Uniswap and add liquidity to Pancake swap and receive POL token farming within a month after listing.
[0.262%] 5,246,914 POL for Liquidity farming program
Terms: 3 month after listing on Uniswap
Date: June — August 2021
4. Testers airdrop
Sometime after listing on Uniswap, we plan an airdrop of POL tokens among all users who participated in the beta testing of the Polars Platform. We have allocated a specific number of tokens, which will be evenly distributed among all testers who are on the whitelist and have met all the necessary testing conditions.
[0.25%] 5,000,000 POL for Testers airdrop
This is where the liquidity distribution program ends. After that, POL tokens can only be obtained as a result of activity on the Polars platform. We suggest studying the article about mechanisms of farming. In order to learn about the benefits and benefits of owning POL tokens, we advise you to read the article on POL Governance tokens.
Final key metrics
- Hardcap: $13.8M
- Initial marketcap at TGE: ~$500k
- Private: $0.05
- Pre-sale: $0.15 — $0.25
- IDO: $0.2
- Uniswap: $0.3
The new DeFi platform for creating secure polar tokens, the price of which depends on the results of specific external events. Within the POLARS platform, users can buy, sell and exchange polar tokens, as well as participate in the distribution of the platform’s commission income.