Topic: [ANN] Polars | The new DeFi concept for the Prediction Market (Read 319 times)
📈What is a Prediction Market?
The prediction market is a kind of speculative market where market players predict the outcome of various external events.
🔷The peculiarity of the prediction market is its accuracy. Several studies have shown that the accuracy of the prediction market is higher than the accuracy of a regular opinion poll.
📌One of the types of prediction markets is a reputation-based market. Such markets don't involve betting real money but rather add to or subtract from a predictor's reputation points. There are also other markets, operating real money. Studies show that real-money prediction markets are much more accurate than reputation-based markets: players are willing to increase their profit, so they are thoroughly considering each step they do.
Recently, we observe the trend of decentralized prediction markets. The beauty of such markets is the lack of control on the part of some office or a person, instead, they are a kind of transparent community based on trust.
🔺Anything can be predicted: from the results of a football match to presidential elections. Prediction includes different types of data analysis and relies on some input data. It is not just gazing into a ball of predictions - it is meticulous, tense analytical work.
🎯Polars operates in a decentralized prediction market and introduces new mechanics and tools that have never been seen in this market before🎯
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http://polars.io/
💥Media talking about us
Lately, Polars has been on different media pretty often. So here is a couple of articles dedicated to our project.
🚀BTCmanager
An article about the Polars project, its concept and polar tokens is published on the link below. It will be helpful for those know not much about our project. Read the full text here:
https://btcmanager.com/polars-pol-defi-prediction-markets/
🚀Cryptonews
This source posted content about beta testing of the Polars platform and a detailed algorithm. The information in the article is not relevant now, still, a crypto news media with 41k subscribers on Twitter is talking about us - it`s definitely worth reading. Link to the full text:
https://cryptonews.com/news/beta-testing-the-key-to-identify-the-next-unicorn-in-the-def-10214.htm
🚀Cointurk
Here is an article about beta testing, posted on a Turkish-language crypto news resource. It appears that we are popular even beyond English-speaking countries. Link to article:
https://coin-turk.com/polars-ekibi-testnetini-baslatti-beta-teste-katilan-kullanicilar-odullendiriliyor
🔷Stay tuned, and don't miss interesting news on Polars🔷
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http://polars.io/
Lately, Polars has been on different media pretty often. So here is a couple of articles dedicated to our project.
🚀BTCmanager
An article about the Polars project, its concept and polar tokens is published on the link below. It will be helpful for those know not much about our project. Read the full text here:
https://btcmanager.com/polars-pol-defi-prediction-markets/
🚀Cryptonews
This source posted content about beta testing of the Polars platform and a detailed algorithm. The information in the article is not relevant now, still, a crypto news media with 41k subscribers on Twitter is talking about us - it`s definitely worth reading. Link to the full text:
https://cryptonews.com/news/beta-testing-the-key-to-identify-the-next-unicorn-in-the-def-10214.htm
🚀Cointurk
Here is an article about beta testing, posted on a Turkish-language crypto news resource. It appears that we are popular even beyond English-speaking countries. Link to article:
https://coin-turk.com/polars-ekibi-testnetini-baslatti-beta-teste-katilan-kullanicilar-odullendiriliyor
🔷Stay tuned, and don't miss interesting news on Polars🔷
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http://polars.io/
Polars uniqueness: Guaranteed trading volumes on the platform. (📃Article)
Ultimately, we managed to create a very efficient model for the Polar Token protocol. The fixed price in the Betting Pool, the market price in the Trade Pool, and the regularity of events that constantly change prices create a unique environment for constant arbitrage opportunities, which provides the platform with a constant guaranteed trading volume. Providing liquidity to the Trade Pool is now becoming extremely profitable, since you know for sure that you will receive 70% of all commissions that were paid during the guaranteed trades. When you add to this the power of fundamental farming and the ongoing buyout and burn of POL tokens, the benefits can be even more tangible. We hope you now understand the uniqueness of the protocol and thank you for your support!
Read more + article link: https://t.me/polarsio/985
Ultimately, we managed to create a very efficient model for the Polar Token protocol. The fixed price in the Betting Pool, the market price in the Trade Pool, and the regularity of events that constantly change prices create a unique environment for constant arbitrage opportunities, which provides the platform with a constant guaranteed trading volume. Providing liquidity to the Trade Pool is now becoming extremely profitable, since you know for sure that you will receive 70% of all commissions that were paid during the guaranteed trades. When you add to this the power of fundamental farming and the ongoing buyout and burn of POL tokens, the benefits can be even more tangible. We hope you now understand the uniqueness of the protocol and thank you for your support!
Read more + article link: https://t.me/polarsio/985
💥POL tokens - statistics
Here are some figures regarding POL governance tokens.
🔥APY for farming- 180%
You can purchase 1 POL on Uniswap and Pancakeswap exchanges for 0,09 USDT.
Total POL emission is 1 600 000 000, 1 000 000 000 of which are allocated for farming.
30% of Base pool commissions and 40% of Betting pool commissions are allocated among POL holders
It's really profitable to be a part of the Polars community! Buy POL!
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http://polars.io/
Here are some figures regarding POL governance tokens.
🔥APY for farming- 180%
You can purchase 1 POL on Uniswap and Pancakeswap exchanges for 0,09 USDT.
Total POL emission is 1 600 000 000, 1 000 000 000 of which are allocated for farming.
30% of Base pool commissions and 40% of Betting pool commissions are allocated among POL holders
It's really profitable to be a part of the Polars community! Buy POL!
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http://polars.io/
🔺Types of prediction markets
What are the types of prediction markets?
📈Reputation-based markets
Such markets don't involve betting real money but rather add to or subtract from a predictor's reputation points. Studies show that real-money prediction markets are significantly more accurate than reputation-based markets.
📈Combinatorial prediction markets
Market players manage an entire combinatorial space of forecasts.
📈Election prediction market
Such markets imply bets placed on the outcome of the political election. Such markets are very good at reflecting all available information, often reflecting information faster than opinion polls.
Predict accurately with Polars!
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http://polars.io/
📢Beware of scammers - useful links and official contacts
We have repeatedly stumbled upon scammers who copy the Polars project. Don't trust them! To warn you, we drew up a list of the official pages and sources of the Polars project. Check it out and keep in mind - all others are scammers!
💎Official pages
Website: https://polars.io/index.php
Medium: https://medium.com/polars-platform
Twitter: https://twitter.com/polars_io
Telegram-Chat: https://t.me/polarschat
Youtube: https://www.youtube.com/channel/UCu7xTJzt3WrqiqS4T2IVMhA
💎POL listing
Governance POL tokens are available on the following exchanges:
🔷Uniswap: https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0xc17fbe1d709ddf6c0b6665dd0591046815ac7554
🔷Pancakeswap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x8a9c889e60ee674f0d55075fa0d60fb05e1a7aee
💎Smart contract
💙Address POL ERC20: 0xc17fbe1d709ddf6c0b6665dd0591046815ac7554
💙Address POL BEP20: 0x8a9c889e60ee674f0d55075fa0d60fb05e1a7aee
Be careful and beware of scammers!
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http://polars.io/
We have repeatedly stumbled upon scammers who copy the Polars project. Don't trust them! To warn you, we drew up a list of the official pages and sources of the Polars project. Check it out and keep in mind - all others are scammers!
💎Official pages
Website: https://polars.io/index.php
Medium: https://medium.com/polars-platform
Twitter: https://twitter.com/polars_io
Telegram-Chat: https://t.me/polarschat
Youtube: https://www.youtube.com/channel/UCu7xTJzt3WrqiqS4T2IVMhA
💎POL listing
Governance POL tokens are available on the following exchanges:
🔷Uniswap: https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0xc17fbe1d709ddf6c0b6665dd0591046815ac7554
🔷Pancakeswap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x8a9c889e60ee674f0d55075fa0d60fb05e1a7aee
💎Smart contract
💙Address POL ERC20: 0xc17fbe1d709ddf6c0b6665dd0591046815ac7554
💙Address POL BEP20: 0x8a9c889e60ee674f0d55075fa0d60fb05e1a7aee
Be careful and beware of scammers!
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http://polars.io/
🔝Polars strategies
Your profit on the Polars platform depends on the type of strategy you choose. So what strategies are available on the platform?
🚀Make predictions
You can follow the developments, place bets, and earn on the change in the price of Black and White tokens.
🚀Buy POL tokens
You can become a POL governance token holder and receive rewards - 30% of Base pool commissions and 40% of Betting pool commissions are allocated among POL holders.
🚀Farming
If you purchase POL tokens and participate in farming program, you will definitely receive passive income.
More about farming: https://polarsio.medium.com/how-to-make-money-on-farming-777cadbee30c
🚀Arbitration opportunities
The Polars platform provides arbitration opportunities. After each event, the price of Black and White tokens in all trading pools is different until it comes in line with the fixed price, creating arbitrage opportunities, allowing earn on the change in the price of tokens.
It does not matter what strategy you choose, what matters is that you always profit with Polars🔥
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http://polars.io/
Your profit on the Polars platform depends on the type of strategy you choose. So what strategies are available on the platform?
🚀Make predictions
You can follow the developments, place bets, and earn on the change in the price of Black and White tokens.
🚀Buy POL tokens
You can become a POL governance token holder and receive rewards - 30% of Base pool commissions and 40% of Betting pool commissions are allocated among POL holders.
🚀Farming
If you purchase POL tokens and participate in farming program, you will definitely receive passive income.
More about farming: https://polarsio.medium.com/how-to-make-money-on-farming-777cadbee30c
🚀Arbitration opportunities
The Polars platform provides arbitration opportunities. After each event, the price of Black and White tokens in all trading pools is different until it comes in line with the fixed price, creating arbitrage opportunities, allowing earn on the change in the price of tokens.
It does not matter what strategy you choose, what matters is that you always profit with Polars🔥
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http://polars.io/
Polars: Big update before Mainnet launch. (Aug 2021)
⚙️Technical update
1️⃣We have removed Base Pool.
2️⃣We have removed liquidity providers from the Liquid Pool
3️⃣We have renamed Liquid Pool to Betting Pool.
📊Tokenomics update
1️⃣We have reduced the Total Supply by 400M POL.
2️⃣We have implemented the Buy Back & Burn mechanism for POL.
3️⃣In the future, 800M POL will be bought back and burned.
📈Business Model Update
1️⃣We have changed the distribution of commissions in the Betting Pool.
2️⃣We have changed the distribution of commissions in the Trade Pool.
3️⃣Polars will be converted to DAO within a year.
👉More Details Here: https://link.medium.com/ytRJwsYaxib
⚙️Technical update
1️⃣We have removed Base Pool.
2️⃣We have removed liquidity providers from the Liquid Pool
3️⃣We have renamed Liquid Pool to Betting Pool.
📊Tokenomics update
1️⃣We have reduced the Total Supply by 400M POL.
2️⃣We have implemented the Buy Back & Burn mechanism for POL.
3️⃣In the future, 800M POL will be bought back and burned.
📈Business Model Update
1️⃣We have changed the distribution of commissions in the Betting Pool.
2️⃣We have changed the distribution of commissions in the Trade Pool.
3️⃣Polars will be converted to DAO within a year.
👉More Details Here: https://link.medium.com/ytRJwsYaxib
📈Prediction market research📈
Prediction markets are part of DeFi. There are 12 directions in DeFi, and prediction markets occupy 2% in decentralized finance.
💰The volume of funds locked on DeFi is $63.48 billion, therefore, $1.269 billion funds are locked in the prediction markets💰
Augur, Gnosis, Omen, Stox, Delphy - these are big players in prediction markets.
Augur is the first decentralized prediction marketplace. It offers three types of events:
🔷binary - with two options for the result of an event
🔷categorical - many options of how the event ends
🔷scalar - a spectrum of numerical outcomes.
Also, Augur allows users to create prediction markets.
Polars is different from other prediction markets because here users add liquidity not to an event but to a pair of polar tokens, so it doesn't matter if they bet on the next US president or a local hockey team match - all events are interesting and of high liquidity.
🔥Polars - changing the prediction market mechanism!
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http://polars.io/
Prediction markets are part of DeFi. There are 12 directions in DeFi, and prediction markets occupy 2% in decentralized finance.
💰The volume of funds locked on DeFi is $63.48 billion, therefore, $1.269 billion funds are locked in the prediction markets💰
Augur, Gnosis, Omen, Stox, Delphy - these are big players in prediction markets.
Augur is the first decentralized prediction marketplace. It offers three types of events:
🔷binary - with two options for the result of an event
🔷categorical - many options of how the event ends
🔷scalar - a spectrum of numerical outcomes.
Also, Augur allows users to create prediction markets.
Polars is different from other prediction markets because here users add liquidity not to an event but to a pair of polar tokens, so it doesn't matter if they bet on the next US president or a local hockey team match - all events are interesting and of high liquidity.
🔥Polars - changing the prediction market mechanism!
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http://polars.io/
💎Polars app - functions and features💎
The Polars app is a convenient tool for working with the Polars platform.
🚀The application is available on the link: https://app.polars.io/
Here you may connect your Metamask wallet and carry our transactions.
The application provides the following functions:
🔷trade
🔷earn
🔷farming
🔷staking
🔷events
🔷incentives.
The application introduces the timeline of events, the distribution of teams, and the size of volatility within one event. You can earn buying and selling tokens or take part in the farming and staking program🔥
The application is currently running in the test mode. We plan to introduce functions of live broadcasts, ratings, chats, analytics and improve the interface and its usability shortly.
Follow our latest updates - we will inform you about the release of the updated Polars App!
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http://polars.io/
The Polars app is a convenient tool for working with the Polars platform.
🚀The application is available on the link: https://app.polars.io/
Here you may connect your Metamask wallet and carry our transactions.
The application provides the following functions:
🔷trade
🔷earn
🔷farming
🔷staking
🔷events
🔷incentives.
The application introduces the timeline of events, the distribution of teams, and the size of volatility within one event. You can earn buying and selling tokens or take part in the farming and staking program🔥
The application is currently running in the test mode. We plan to introduce functions of live broadcasts, ratings, chats, analytics and improve the interface and its usability shortly.
Follow our latest updates - we will inform you about the release of the updated Polars App!
__
http://polars.io/
Increasing liquidity with Polars
Remember, we managed to solve the low liquidity problem? Now we want to tell you how we are going to increase liquidity.
Users of the Polars platform add liquidity to not an external event but to a pair of tokens called Black and White. Since their cumulative value is always the same and only increases with the trading volume growth, the liquidity provider does not care about the way events develop and end since he makes money in any case, and besides, the income grows as the user takes active participation on the platform. Therefore, the user who adds liquidity to the Liquid pool does not bear any risks.💥
📌On the contrary, working with the Trade pool bears some risks. So, to motivate liquidity providers, we made the Trade pool 1,5 faster than farming in the Liquidity Pool.
Polars was intended as a multichain platform. Our platform allows switching between Ethereum, Binance Smart Chain, Matic, Polkadot, and other networks. In addition, we will provide the opportunity to run an unlimited number of Trade pool and Liquid pool pairs for each particular type of event🐱🏍.
As liquidity grows, your income increases as well, together with Polars!💰🤝
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http://polars.io/
Remember, we managed to solve the low liquidity problem? Now we want to tell you how we are going to increase liquidity.
Users of the Polars platform add liquidity to not an external event but to a pair of tokens called Black and White. Since their cumulative value is always the same and only increases with the trading volume growth, the liquidity provider does not care about the way events develop and end since he makes money in any case, and besides, the income grows as the user takes active participation on the platform. Therefore, the user who adds liquidity to the Liquid pool does not bear any risks.💥
📌On the contrary, working with the Trade pool bears some risks. So, to motivate liquidity providers, we made the Trade pool 1,5 faster than farming in the Liquidity Pool.
Polars was intended as a multichain platform. Our platform allows switching between Ethereum, Binance Smart Chain, Matic, Polkadot, and other networks. In addition, we will provide the opportunity to run an unlimited number of Trade pool and Liquid pool pairs for each particular type of event🐱🏍.
As liquidity grows, your income increases as well, together with Polars!💰🤝
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http://polars.io/
Trade pool - how it works
🔹Trading in the trade pool is carried out steadily online. The trading participants form the price, and the token pricing algorithm is similar to the Balancer algorithm.
🔹Trading in the trade pool and other DEX pools creates permanent arbitrage opportunities due to the price differences in pools and the difference from the Polars Secondary Pool.
🔹The user can add liquidity to the Trade pool. The user needs to place White, Black, and USDC tokens in the Trade pool and receive PTPT LP tokens in return, and then the user may place PTPT tokens on a farming smart contract and receive a reward in POL tokens. The reward is proportional to the added liquidity.
🔹The value of tokens in the Trade pool may change depending on market sentiment, while liquidity providers carry Impermanent Loss. That is why farming in the Trade pool is 1,5 faster than farming in the Liquidity Pool.🚀
To learn more about the mechanics of the Polars platform, follow us on Medium:
https://polarsio.medium.com
🔹Trading in the trade pool is carried out steadily online. The trading participants form the price, and the token pricing algorithm is similar to the Balancer algorithm.
🔹Trading in the trade pool and other DEX pools creates permanent arbitrage opportunities due to the price differences in pools and the difference from the Polars Secondary Pool.
🔹The user can add liquidity to the Trade pool. The user needs to place White, Black, and USDC tokens in the Trade pool and receive PTPT LP tokens in return, and then the user may place PTPT tokens on a farming smart contract and receive a reward in POL tokens. The reward is proportional to the added liquidity.
🔹The value of tokens in the Trade pool may change depending on market sentiment, while liquidity providers carry Impermanent Loss. That is why farming in the Trade pool is 1,5 faster than farming in the Liquidity Pool.🚀
To learn more about the mechanics of the Polars platform, follow us on Medium:
https://polarsio.medium.com
Choose your role in Polars💥
Polars offers various opportunities to earn. The user's income depends on the role on the platform.
🚀Liquidity Provider
Up to 50% of the platform's commission is distributed among liquidity providers. They place White and Black tokens in the liquidity or trading pool and receive LP tokens in return. Liquidity providers can place LP tokens in a farming smart contract and receive additional rewards in POL tokens.
🚀Bettor/trader
The user can buy White or Black tokens, make predictions, and earn on the change in the price of polar tokens after the end of each event. There are several strategies of behavior: buy, sell, hold. It depends on the user's vision of future token price changes.
🚀Arbitrator
After each event, the price of Black and White tokens in all trading pools is different until it comes in line with the fixed price, creating arbitrage opportunities, allowing arbitrators to earn on the change in the price of tokens.
🚀Market Maker
We reward market creators for trading activity, giving them POL tokens. The larger the trading volume, the higher the reward.
🚀POL Holder
30% of the platform's commissions are proportionally distributed between governance tokens holders, depending on the number of tokens they possess. Holders take part in the voting and receive rewards in POL tokens in return. Besides, they can take part in the staking program at a 0.3% yield per day.
Polars - choose your role on the platform and earn💰.
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http://polars.io/
Polars offers various opportunities to earn. The user's income depends on the role on the platform.
🚀Liquidity Provider
Up to 50% of the platform's commission is distributed among liquidity providers. They place White and Black tokens in the liquidity or trading pool and receive LP tokens in return. Liquidity providers can place LP tokens in a farming smart contract and receive additional rewards in POL tokens.
🚀Bettor/trader
The user can buy White or Black tokens, make predictions, and earn on the change in the price of polar tokens after the end of each event. There are several strategies of behavior: buy, sell, hold. It depends on the user's vision of future token price changes.
🚀Arbitrator
After each event, the price of Black and White tokens in all trading pools is different until it comes in line with the fixed price, creating arbitrage opportunities, allowing arbitrators to earn on the change in the price of tokens.
🚀Market Maker
We reward market creators for trading activity, giving them POL tokens. The larger the trading volume, the higher the reward.
🚀POL Holder
30% of the platform's commissions are proportionally distributed between governance tokens holders, depending on the number of tokens they possess. Holders take part in the voting and receive rewards in POL tokens in return. Besides, they can take part in the staking program at a 0.3% yield per day.
Polars - choose your role on the platform and earn💰.
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http://polars.io/
How we solve the low liquidity problem📢
The main problem of the prediction market, typical of many market players, is the low liquidity event. Users don't want to bet on low liquidity events, while liquidity providers don't want to add liquidity to unpopular events.
Polars coped with this problem.✔ Users add liquidity not to a specific event but a pair of polar tokens Black and White. These tokens are interconnected: if the price of the Black token rises by 5 percent, then the price of the White token falls by the same 5 percent. Moreover, the cumulative value of these tokens is always the same. It does not depend on the results of events, which means that liquidity providers don`t bear any risks and still receive up to 50% of all Polars fees. On the contrary, it encourages them to provide liquidity. As the liquidity grows, the cumulative value of polar tokens grows too.
It's time to make predictions and earn with minimal risks!📈💰
__
http://polars.io/
The main problem of the prediction market, typical of many market players, is the low liquidity event. Users don't want to bet on low liquidity events, while liquidity providers don't want to add liquidity to unpopular events.
Polars coped with this problem.✔ Users add liquidity not to a specific event but a pair of polar tokens Black and White. These tokens are interconnected: if the price of the Black token rises by 5 percent, then the price of the White token falls by the same 5 percent. Moreover, the cumulative value of these tokens is always the same. It does not depend on the results of events, which means that liquidity providers don`t bear any risks and still receive up to 50% of all Polars fees. On the contrary, it encourages them to provide liquidity. As the liquidity grows, the cumulative value of polar tokens grows too.
It's time to make predictions and earn with minimal risks!📈💰
__
http://polars.io/
Tokenomics update: staking program launch🚀
We recently launched a staking program with 181% APY!💥
To take part in the program, you need to have POL tokens and place them in a staking smart contract at the links:
Ethereum https://eth.polars.io/
Binance Smart Chain https://bsc.polars.io/
The placed tokens are blocked for one month. The user receives an income of 0.3% in POL tokens every day, while the reward tokens are not blocked.✔
Staking is launched on Ethereum and Binance Smart Chain platforms.
On Ethereum, the staking smart contract is valid from June 11 to July 10, on Binance Smart Chain from June 14 to July 15.
You may place tokens in a smart contract at any time.
We will also launch automatic staking on the same terms for the members of the pre-sale.
Earn every day. Earn already now with Polars.📈
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http://polars.io/
We recently launched a staking program with 181% APY!💥
To take part in the program, you need to have POL tokens and place them in a staking smart contract at the links:
Ethereum https://eth.polars.io/
Binance Smart Chain https://bsc.polars.io/
The placed tokens are blocked for one month. The user receives an income of 0.3% in POL tokens every day, while the reward tokens are not blocked.✔
Staking is launched on Ethereum and Binance Smart Chain platforms.
On Ethereum, the staking smart contract is valid from June 11 to July 10, on Binance Smart Chain from June 14 to July 15.
You may place tokens in a smart contract at any time.
We will also launch automatic staking on the same terms for the members of the pre-sale.
Earn every day. Earn already now with Polars.📈
__
http://polars.io/
Polars is on Youtube again!🔥
The Polars’ fame spreads worldwide. This time Indian and Russian crypto channels reviewed the project.
💥Кpиптo Бaтeнькa
It is a Russian channel with 24.1 thousand subscribers telling about the most promising and worthy projects on the crypto market. We are pleased to appear in such a company. They talked about how our platform coped with the low liquidity problem in the prediction market using White and Black tokens. The full version is here: https://youtu.be/4fKbGqKiqhs
💥Web Mastermind I Crypto
It is a channel by a crypto influencer in India with 40.8 thousand subscribers. The video gives a detailed overview of our platform. If you understand Indian, watch the full version here: https://youtu.be/XOAZlPDGDEc
💥Crypto Tamil
It is an Indian Channel, created by Dr. Manoharan Ramachandran, a Ph.D. at Bournemouth University and an Associate Research Scientist at Open University, with 53,400 subscribers. The channel made a detailed overview of our platform and introduced the revolutionary prediction market to the Indian audience. The full video is here: https://youtu.be/wV7Rw-hwt1Q
By the way, we also have a YouTube channel, where we share a lot about our project and its work. Subscribe to us at the link: https://www.youtube.com/channel/UCu7xTJzt3WrqiqS4T2IVMhA
__
http://polars.io/
The Polars’ fame spreads worldwide. This time Indian and Russian crypto channels reviewed the project.
💥Кpиптo Бaтeнькa
It is a Russian channel with 24.1 thousand subscribers telling about the most promising and worthy projects on the crypto market. We are pleased to appear in such a company. They talked about how our platform coped with the low liquidity problem in the prediction market using White and Black tokens. The full version is here: https://youtu.be/4fKbGqKiqhs
💥Web Mastermind I Crypto
It is a channel by a crypto influencer in India with 40.8 thousand subscribers. The video gives a detailed overview of our platform. If you understand Indian, watch the full version here: https://youtu.be/XOAZlPDGDEc
💥Crypto Tamil
It is an Indian Channel, created by Dr. Manoharan Ramachandran, a Ph.D. at Bournemouth University and an Associate Research Scientist at Open University, with 53,400 subscribers. The channel made a detailed overview of our platform and introduced the revolutionary prediction market to the Indian audience. The full video is here: https://youtu.be/wV7Rw-hwt1Q
By the way, we also have a YouTube channel, where we share a lot about our project and its work. Subscribe to us at the link: https://www.youtube.com/channel/UCu7xTJzt3WrqiqS4T2IVMhA
__
http://polars.io/
News of the week🚀
This week we talked about Polars friends, shared the pre-sale success, described the prediction market in figures, and spoke about the present and future functions of the POL token. Let`s sum up.
Polars friends
These are active community members who help us in our work: they answer questions from other users, identify bugs, inform us about scammers, and sometimes replace admins in our communities. We reward these users for making the platform work better.
Pre-sale statistics
2718 people participated in testers pre-sale, 5,559,562 POL sold!🔥
Read the full article in our Medium: https://polarsio.medium.com/news-of-the-week-f5573c3ad291
This week we talked about Polars friends, shared the pre-sale success, described the prediction market in figures, and spoke about the present and future functions of the POL token. Let`s sum up.
Polars friends
These are active community members who help us in our work: they answer questions from other users, identify bugs, inform us about scammers, and sometimes replace admins in our communities. We reward these users for making the platform work better.
Pre-sale statistics
2718 people participated in testers pre-sale, 5,559,562 POL sold!🔥
Read the full article in our Medium: https://polarsio.medium.com/news-of-the-week-f5573c3ad291
Polars Roadmap Update
We described our further actions in the medium article, dividing it into 2 parts:
✔️Block 1 (Immediate plans)
✔️Block 2 (Future plans)
👉Roadmap here: https://link.medium.com/lLICJIJ98gb
The roadmap will be supplemented and updated as new circumstances, opportunities and ideas emerge.
We described our further actions in the medium article, dividing it into 2 parts:
✔️Block 1 (Immediate plans)
✔️Block 2 (Future plans)
👉Roadmap here: https://link.medium.com/lLICJIJ98gb
The roadmap will be supplemented and updated as new circumstances, opportunities and ideas emerge.
Prediction market research
The prediction market is one of the 12 fields of DeFi. The entire DeFi market is valued at about $4 billion, while the prediction market has 2% - that is about $80 million.
Prediction markets work according to one of the following principles:
the prediction market is such a superstructure over other well-known blockchain networks and uses their cryptocurrency in transactions
prediction markets with their own blockchain and their own currency.
Prediction markets are a kind of information aggregator and make half of the errors compared to traditional methods.
Here are some notable examples of prediction markets:
🔹Augur
Augur is a market built on Ethereum blockchain. It allows users to create and participate in prediction markets for the results of any event, from sports games to elections.
🔹Gnosis
Gnosis aims to provide an open-source infrastructure for prediction markets built on Ethereum. Gnosis developers emphasize that they give access to their platform to any party, even those censored on traditional platforms.
🔹PlotX
PlotX is a prediction market for crypto traders. Its decentralized application allows people to use their skills to predict the future value of digital assets like BTC or Ethereum in the hourly, daily, and weekly markets.
🔹Polkamarkets
It is a DeFi platform on the Polkadot blockchain. Users make a profit predicting the result of specific external events and also create their own events. Streams of events and changes in cryptocurrencies rate can be tracked in the platform application.
🔹Pulse
The platform runs on Flux and NEAR protocols. Platform users can buy governance tokens, which will allow managing community rewards, markets, liquidity, etc.
🔹Prosper
It is a non-custodial, cross-chain prediction market and hedging platform. The platform has a binary model for liquidity provision. The platform also issues its own governance token, allowing to earn and manage the platform’s operation.
Polars differs from other prediction markets in that users add liquidity not to an event but to a pair of polar tokens, whose cumulative value remains unchanged. We have also developed a convenient prediction application that we plan to upgrade and provided opportunities for earning money for different user categories, not just predictors.
Sign up on the platform and predict with Polars.
The prediction market is one of the 12 fields of DeFi. The entire DeFi market is valued at about $4 billion, while the prediction market has 2% - that is about $80 million.
Prediction markets work according to one of the following principles:
the prediction market is such a superstructure over other well-known blockchain networks and uses their cryptocurrency in transactions
prediction markets with their own blockchain and their own currency.
Prediction markets are a kind of information aggregator and make half of the errors compared to traditional methods.
Here are some notable examples of prediction markets:
🔹Augur
Augur is a market built on Ethereum blockchain. It allows users to create and participate in prediction markets for the results of any event, from sports games to elections.
🔹Gnosis
Gnosis aims to provide an open-source infrastructure for prediction markets built on Ethereum. Gnosis developers emphasize that they give access to their platform to any party, even those censored on traditional platforms.
🔹PlotX
PlotX is a prediction market for crypto traders. Its decentralized application allows people to use their skills to predict the future value of digital assets like BTC or Ethereum in the hourly, daily, and weekly markets.
🔹Polkamarkets
It is a DeFi platform on the Polkadot blockchain. Users make a profit predicting the result of specific external events and also create their own events. Streams of events and changes in cryptocurrencies rate can be tracked in the platform application.
🔹Pulse
The platform runs on Flux and NEAR protocols. Platform users can buy governance tokens, which will allow managing community rewards, markets, liquidity, etc.
🔹Prosper
It is a non-custodial, cross-chain prediction market and hedging platform. The platform has a binary model for liquidity provision. The platform also issues its own governance token, allowing to earn and manage the platform’s operation.
Polars differs from other prediction markets in that users add liquidity not to an event but to a pair of polar tokens, whose cumulative value remains unchanged. We have also developed a convenient prediction application that we plan to upgrade and provided opportunities for earning money for different user categories, not just predictors.
Sign up on the platform and predict with Polars.
POL functions🚀
POL is Polars governance token.
Owning this token provides users with the following abilities:
1. Participation in voting. First of all, the users vote to choose the event to bet on; they also vote for the distribution of teams and the level of the volatility of a pair of polar tokens. Also, they vote to make decisions regarding the development of the protocol of the platform itself.
2. Participation in staking and receiving rewards. Participation in staking brings the user's advanced status.
3. Receiving reward for activity on the platform
We plan to expand the POL functions and add the following features in the future:
1. The ability to create own pair of polar tokens on the Polars platform
2. Receive exclusive Historical NFT Event Tokens
3. The ability to buy polar tokens with POL
Stay tuned and follow the integration of new features of the POL token.
__
http://polars.io/
POL is Polars governance token.
Owning this token provides users with the following abilities:
1. Participation in voting. First of all, the users vote to choose the event to bet on; they also vote for the distribution of teams and the level of the volatility of a pair of polar tokens. Also, they vote to make decisions regarding the development of the protocol of the platform itself.
2. Participation in staking and receiving rewards. Participation in staking brings the user's advanced status.
3. Receiving reward for activity on the platform
We plan to expand the POL functions and add the following features in the future:
1. The ability to create own pair of polar tokens on the Polars platform
2. Receive exclusive Historical NFT Event Tokens
3. The ability to buy polar tokens with POL
Stay tuned and follow the integration of new features of the POL token.
__
http://polars.io/
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