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Polar Finance

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The fiat value of incoming dapp transactions over a period of time
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The total fiat value of assets in a dapp's smart contracts
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News

Latvia Implements New Crypto Tax Legislation

Latvia has passed a new law changing the taxation of crypto investment account gains, focusing on withdrawals rather than individual trades.
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Son Min-ho

Significant Bitcoin Transfer from 2013 Wallet Sparks Market Speculation

An early Bitcoin holder has moved approximately 41,145 BTC from a dormant wallet, raising concerns and interest among traders.
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Ayman Ben Youssef

Cysic Halts Crosschain Bridge Following Token Creation Incident

Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Tando Nkube

What is Polar Finance?

Polar Finance — a new DeFi platform, built by an experienced team, that bets, consolidates, exchanges and earns $ POLAR tokens.

Contents:

Polar Finance дапп

Description of the Polar Finance project

Emission levels: ‌ 1 POLAR / block and 28,800 POLAR / day. 9.09% will go to the developer's address and burned. The developers have implemented a combustion mechanism that will ensure the regular combustion of POLAR. For example: "Commission for a deposit" and "Commission for POLAR". A 4% deposit fee is charged on non-polar farms and swimming pools. The “deposit fee” will help to buy back POLAR and burn it. POLAR, obtained through POLAR Fees, will be burned.

Here are some of the features that have been implemented: ‌

1. Hybrid recording engine.
2. Ransom incineration.
3. Burning fees POLAR.
4. The migrator code has been removed.
5. Added timer at startup.

Buyback mechanism: there is a 4% commission, charged when placing bets. 90% of the deposit (4%) will go to the POLAR buyback and burned. 10% of the deposit amount (4%) will help with marketing and development.

Every transaction (transfer, swap, farm, etc.) is subject to transfer tax.Polar Finance

All POLAR, collected through commissions, will be burned. The migrator code has been removed from the contract with MasterChef. Feel free to check out the contract code on Github or BscScan.

Additional platform details

At the moment, there is no White Paper.  Also, there is a blog on the Medium platform. Articles with news and important updates will be published there.

The community actively maintains social networks:

  • twitter;
  • telegram.

The platform interface runs in English. 

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.