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POLARNODES

POLARNODES

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Edits on 23 Jan, 2022
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Kvashnin Aleksandr
edited on 23 Jan, 2022
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POLARNODES

The Polar Nodes Longterm VisionCross the chains and enjoy high yield DeFi protocols

Article

What is POLAR and how does it work ?

Polar Nodes is a fork of $RING on Avax. Take advantage of the speed of transactions while using a trusted protocol.

The protocol is designed around an innovative and powerful reward mechanism : the POLAR-nodes.

POLAR-nodes are the tools that allow you to generate high-yield daily rewards while reinforcing the sustainable growth of the token.

10 POLAR = 1 POLAR Node = approx. 1 POLAR everyday.

You can enjoy this mechanism by simply following 3 simple steps.

1. Buy POLAR on TraderJoe. (soon)

2. Create a POLAR-node with 10 POLAR tokens on our web app.

3. Collect high-yield rewards in POLAR tokens generated by your POLAR-node… about every 4 hours on our web app.

Once your node is created, it can’t be undone and it generates daily returns in POLAR tokens for you.

Why use this fork, and not RING ?

We chose Avalanche. For us, it is a promising blockchain because of its low cost, low ecological consumption and speed.

The Avalanche protocol takes advantage of 5 factors :

- Speed : Avalanche is fast, and is able to confirm transactions in under 1 second.

- Affordability : Avalanche offers low-cost fees.

- Accessibility : Bridge funds are easily with the Avalanche wallet, or AnySwap.

- Scalability : The network is extremely scalable, capable of 4,500 transactions per second.

- Popularity : Avalanche is a popular chain that is constantly growing.

Presale

The team decided to organize a selective pre-sale, in order to boost liquidity at launch with committed members. We are aware that pre-sellers will have an advantage, and for this reason we will select the most deserving members of our community.

To access the presale you will need to be whitelisted. We will communicate more about how to access it soon.

Safety

We know that investors are concerned about security. The Polar Nodes pre-sale contract will be made public prior to the pre-sale. Treasury funds will be under a 3/3 multi-sig contract, between two team members and one elected community member.

In order to avoid bot sniping, the address of the $POLAR contract will not be made public until after the launch.

When will Polar be launched ?

We are building fast, but our project is serious and needs some development time. Polar Nodes is not an OHM fork, the dapp must be created entirely and associated with the smart contract.

We will provide more information on Twitter and Medium about the upcoming release of the Discord, and the dates.

See you soon in Antarctica.

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Kvashnin Aleksandr
created this topic on 23 Jan, 2022
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