How do polar tokens work?

How do polar tokens work?

There are 2 teams on the Polars platform: White Team and Black Team. Each team has its own token of the same name: WHITE and BLACK. If the White Team wins then the WHITE token grows and the BLACK token will fall by the same amount, but their aggregate price will remain unchanged. Conversely, if the Black Team wins then the BLACK token grows and the WHITE token will fall by the same amount. But their aggregate price will still remain unchanged. Which team wins and which team loses is influenced by the result of events in the real world: sporting events, exchange rates and any other events in which there are opposing sides.

Users are encouraged to place bets on the outcome of events by purchasing the corresponding token. If the forecast turns out to be correct, the purchased token will increase in price and the user will make a profit.

  1. (Staking + Farming)

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