What Is Polaris Finance(PFI)? Complete Guide & Review About Polaris Finance

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What Is Polaris Finance(PFI)? Complete Guide & Review About Polaris Finance

What Is Polaris Finance(PFI)?

Polaris Finance are team of experienced developers and they are looking forward to make the best algorithmic stable coin on Aurora blockchain. They will make everything they can to make the dream successful. Polaris Finance is an ecosystem with multiple algorithmic stable tokens. They have $POLAR pegged 1:1 to $NEAR, $ETHERNAL pegged 1:1 to $ETH, $ORBITAL pegged 1:1 to $BTC and $TRIPOLAR pegged to 1:1 to $xTRI on Aurora blockchain. They are all controlled by one Governance token $SPOLAR.

Important Points Table Of Polaris Finance

BasicPoints
Coin NamePolaris Finance
Short NamePFI
Total Supply108,000,000,000
ExplorerClick Here To View
DocumentationView Document
WebsiteClick Here To Visit

How to Buy the Continental & Trade On Exchange?

First Step

Buying PFI Is Very Easy Task . Just Find Exchange Where PFI Available & Buy Through Your Credit & Other Altcoin .

Second Step

Once You Purchased PFI. Now It Is Time To Store Your PFI Or Start Trading On Exchange .

Genesis Pools has ENDED!

Genesis pools will start earning rewards on 17.02.2022 14:00 UTC. In the first 24hrs of launch 4000 $POLAR tokens will be released to pool stakers. There are 5 Genesis pools > $wNEAR, $AURORA, $USDC, $atUST and $atLUNA. These pools will be up for the whole 24hrs. Allocations will be as follows >

  • wNEAR > 40% Allocation > 1600 $POLAR
  • AURORA > 15% Allocation > 600 $POLAR
  • USDC > 15% Allocation > 600 $POLAR
  • atUST > 15% Allocation > 600 $POLAR
  • atLUNA > 15% Allocation > 600 $POLAR

DAWN and SUNRISE launch

DAWN and SUNRISE will start right after Genesis end (18.02.2022 14:00 UTC) and you can start making POLAR/NEAR and SPOLAR/NEAR LPs in DAWN to earn $SPOLAR and stake $SPOLAR in SUNRISE to earn $POLAR.

Genesis Pools has ENDED!

Polaris Finance Genesis pools will start earning rewards on 20.03.2022 14:00 UTC. In the first 24hrs of launch 700 $LUNAR tokens will be released to pool stakers. There are 6 Genesis pools > $LUNA, POLAR/NEAR LP, SPOLAR/NEAR LP, $SPOLAR, $POLAR and $PBOND. These pools will be up for the whole 24hrs. Allocations will be as follows >

  • LUNA > 50% Allocation > 350 $LUNAR > 1% Deposit Fee
  • POLAR/NEAR LP > 20% Allocation > 140 $LUNAR > 0% Deposit Fee
  • SPOLAR/NEAR LP > 10% Allocation > 70 $LUNAR > 0% Deposit Fee
  • SPOLAR > 10% Allocation > 70 $LUNAR > 0% Deposit Fee
  • POLAR > 5% Allocation > 35 $LUNAR > 0% Deposit Fee
  • PBOND > 5% Allocation > 35 $LUNAR > 0% Deposit Fee

DAWN and SUNRISE launch

New pool LUNAR/LUNA will be added to DAWN on 21.03.2022 14:00 UTC and you can start making LUNAR/LUNA LP in DAWN to earn $SPOLAR and stake $SPOLAR in SUNRISE to earn $POLAR or $LUNAR.

SUNRISE and DAWN

Polaris Finance Shares ($SPOLAR) are one of the ways to measure the value of the Polaris Finance protocol and shareholder trust in its ability to maintain pegged assets close to peg. During epoch expansions the protocol mints pegged assets and distributes it proportionally to all $SPOLAR holders who have staked their tokens in the Sunrise (Boardroom).

$SPOLAR holders will have voting rights (governance) on proposals to improve the protocol and future use cases within the Polaris Finance ecosystem. $SPOLAR has a maximum total supply of 50001 tokens distributed as follows:

  • DAO Allocation: 4500 $SPOLAR vested linearly over 300 days
  • Team Allocation: 4500 $SPOLAR vested linearly over 300 days
  • Remaining 41000 $SPOLAR are allocated for incentivizing Liquidity Providers in two shares pools for the next year
  • Initial mint: 1 $SPOLAR minted upon contract creation for initial pool

Sunrise on Debt Phase

Debt Phase take place on the expansion epochs that start after a contraction period where there are still BOND assets to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the BOND assets redemption. This amount is still reserved whether or not BOND asset holders are redeeming bonds or not.

Once BOND assets in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

BOND assets emitted per epoch during contraction periods can be found on Regulations.

Dawn (Shares)

Polaris Finance your tokens to make LP like POLAR/NEAR and stake it in DAWN farms to earn $SPOLAR tokens LP2 – LP7 are controlled by built-in bot and he is controlling allocation between these pools based on their TVL to make sure the ARPs are same on these 6 LPs. The allocation for these 6 LPs is > 60% 22 600 $SPOLAR

Shares Pools (Shares Reward) available for 12 months:

  • SPOLAR/NEAR LP1 > 40% Allocation: 18400 $SPOLAR
  • POLAR/NEAR LP2 > Allocation is calculated every 6hrs by bot based on pools TVL
  • POLAR/stNEAR LP3 > Allocation is calculated every 6hrs by bot based on pools TVL
  • ETHERNAL/ETH LP4 > Allocation is calculated every 6hrs by bot based on pools TVL
  • ORBITAL/wBTC LP5 > Allocation is calculated every 6hrs by bot based on pools TVL
  • USP/USDC LP6 > Allocation is calculated every 6hrs by bot based on pools TVL