In May 2021, Polycat Finance was one of the first yield farms to launch on Polygon. With an extremely passionate and knowledgeable team, we've grown to become one of the most trusted platforms on Polygon with numerous audits by Paladin, Obelisk, CertiK and Techrate.
Polycat features a native Trading DEX/AMM, auto-compounding Vaults (around 200 to choose from), yield Farms, some Tanks and an IFO feature where new projects can apply to launch and gain some exposure and yield from our community.
Polycat Finance pioneered a unique burning mechanism with a "Burning Vault" where deposit fees are staked and 100% of its yields are used to buyback and burn our native tokens, FISH and PAW. On top of this 5% of all the other vaults' earnings and a percentage of trading fees from our DEX are also used to burn our native tokens. FISH reached it max. supply cap of 3 million at the end of July 2021 with PAW farming starting shortly afterwards. Staking FISH can now earn dividends and is an integral part of our DAO, where it is used for voting and governance by our community.
Native token and other LP farming continues, with various staking locations across the Polygon ecosystem. New projects can seek to launch their token on our native DEX and apply for liquidity incentives, where we already host a few innovative partner projects. We are a dedicated team that seeks to benefit the entire Polygon ecosystem with our partnerships and community spirit.