What platform`s functions have been updated, and how will it work after the launch of the main network? Let’s talk about it.
📍We have abolished the Base Pool, and now there are only the Betting Pool (former Liquidity Pool) and the Trade Pool available. To become a liquidity provider, a user needs to add Black, White, and BUSD tokens in a correlation that is relevant to the pool.
Users pay commission for each transaction in the Betting Pool. The commissions are distributed as follows:
🏅40% — POL buyback and burning
🥈40% — Buyback and distribution among Advanced Users.
🥉15% — Operator’s commission
🥉5% — Increase the сolaterization of polar tokens
For the Trade Pool:
🔶70% — Liquidity providers who have added liquidity to the Trade Pool.
🔷30% — Buyback and distribution among Advanced Users.
Users still have arbitrage opportunities on the platform, and now they can buy and sell polar tokens within Betting Pool and Trade Pool.
We have optimized the tokenomics, and now the POL governance tokens emission is 1.6 billion tokens.
🔥Users will receive rewards in POL tokens for being active on the platform: adding liquidity, betting, trading and arbitrage, referral program🔥
Staking will be available right after the launch of the main network.
🚩Stay tuned and wait for more cool news and updates!
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