Polaris is a decentralized platform on BSC and (soon) Polygon where anyone can easily create custom liquidity mining or staking pools known as "Supernovas".
The pools are completely permission-less, meaning anyone can create them (just like how anyone can create a token pair on PancakeSwap or Uniswap).
These Supernova pools are easily customizable to properly incentivize long-term liquidity provision, making Polaris an ideal solution for projects to jumpstart their token distribution program without needing to develop their own staking pools.
Another unique feature of these Supernova pools is the staking rewards are "competitive". This means users can spend POLAR when unstaking in order to gain multipliers on their harvests. Half of the spent POLAR is burned and the other half is transferred to the pool owner.
Not only does this give POLAR practical utility, it burns the supply over time, creation deflationary pressure.
Further POLAR Value Accrual
Polaris will have a unique "revenue" model in order to continually grow the value of POLAR.
When Supernova creators fund their pools, 2% of their reward tokens get sent to the Polaris treasury.
While ultimately, the community gets to decide how these reward tokens will be spent, the current plan is for these tokens to be perpetually airdropped to token holders via NFTs.
The plan is for these reward tokens to be automatically distributed to POLAR NFT holders on a bi-weekly basis. NFTs are minted with POLAR and can be easily transferred or traded.