Polars Staking Program

Polars.io
Polars Platform
Published in
2 min readMay 31, 2021

We are happy to announce the launch of the staking program with a yield of 281% APY (Including initial deposit). The program will launch shortly after POL is listed on Uniswap. Every POL holder can take part in it.

Conditions:

  1. You add POL tokens to a staking smart contract.
  2. Tokens are blocked in a smart contract for 1 month.
  3. You receive a yield of 0.3% per day in POL tokens.
  4. You can claim reward tokens every day. They are not blocked.
  5. Staking works on the erc20 network (except for blocked pre-sale tokens)

Example:

  1. You have 2500 POL and add them to the staking smart contract. Tokens are blocked for 1 month.
  2. Every day you are credited with 7.5 POL (0.3%), which you can claim immediately, or leave it in a smart contract and claim later. Reward tokens are fully available immediately.
  3. After a month, you will be credited with 225 POL (9%). Your 2500 POLs are unlocked and fully available again.
  4. You can add tokens again to the staking program (if it is still available at that time) or use tokens at your discretion.

Staking for Pre-sale tokens.

We will launch automatic staking on similar terms for all Polars pioneers who purchased tokens from Option 1 (6-month lockup) and Option 2 (3-month lockup).

We really appreciate that you have believed in the project for the long term and we want to reward you for that!

The start of the automatic staking program for testers will be announced later, but the estimated start date is set for June 28th. Pioneers will receive similar conditions and will be able to claim daily rewards tokens at any time.

Polars

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.

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