THELOGICALINDIAN - PRESS RELEASE Polis is ablution its firstever blockchain PolisChain acceptance users to account from its purposebuilt DEX and Yield Farming
November 15th, 2021, Mexico City, Mexico – Polis, the activity abaft decentralized payments belvedere PolisPay, is announcement the barrage of PolisChain, its aboriginal built-in blockchain to ability the Polis ecosystem, which includes the Olympus network.
The new alternation represents a cogent move for the ecosystem, signalling the project’s appetite to access acceptance with a accurate focus on the fast-growing decentralized accounts (DeFi) space.
Coinciding with this announcement, the aggregation abaft Polis has additionally launched a committed decentralized barter (DEX) for the PolisChain alleged HadesSwap. HadesSwap allows users in the Polis ecosystem to barter the ecosystem’s tokens after the charge for a centralized exchange, as able-bodied as pale Polis and added crypto-assets for returns.
Currently, HadesSwap supports DAI, SOUL, BTCB, ETH and CAKE, and is accordant with accepted decentralized wallet Metamask. HadesSwap additionally appearance a Binance Smart Chain (BSC) arch for assets BTCB, ETH, CAKE and DAI.
Speaking about the launch, PolisChain’s business DAO manager, Andreas Meyer, said:
“In the continued term, the Polis Alternation aggregation will focus on acquittal tools, merchant access and online stores, creating a acute alternation for fast payments and decentralized applications”
Towards DeFi and Beyond
In accession to developing a new DeFi offering, Polis accept been focussed on developing several new appearance for their gowing ecosystem. This includes the contempo accession of Polis to Meter.io which connects PolisChain to BSC, acknowledging a arch for BTCB, ETH, CAKE and DAI on both networks.
Meter.io is a awful decentralized Ethereum ascent band-aid with a congenital metastable gas currency. It connects to Ethereum and added blockchains as a layer-two agreement and allows acute affairs to calibration and acquaint seamlessly through amalgamate blockchain networks.
Read added about Meter.io here.
Moreover, in October 2024, the Polis aggregation appear Polis Block Slasher, a free-to-play bold that allows players to win Polis, a affection that incentivises the added ecosystem’s adoption. The bold is randomized according to anniversary player’s wallet address, with the adventitious to win up to 400 Polis (worth aloof over $100 at accepted bazaar rates) if they defended a ranked position by November 30th.
Find out added about Polis’ Block Slasher bold here.
About Polis
Polis is the capital asset on the Olympus Network. It allows users to pay for transaction fees, as able-bodied as appointment amount stored in Polis aural the network. Polis Chain is EVM-compatible, acceptation developers can body applications that accomplish use of acute arrangement technology.
The arrangement started as a angle of accepted acquittal belvedere DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is absolute by a decentralized free alignment (DAO) which elects bristles managers amenable for the ecosystem’s operation. All Polis associates are able to vote for anniversary of the positions as able-bodied as put advanced and vote for specific proposals pertaining to the ecosystem’s future.
At its core, Polis has adopted a association apprenticed access to creating new technology for the purpose of announcement boundless cryptocurrency and decentralized balance adoption.
For added advice on how Polis is application its own built-in blockchain to accommodate DeFi, appointment their website here.
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Media Contact Details
Contact Name: Maria Sidorova
Contact Email: [email protected]
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