Breakthrough Press Release, BSC, DAO, defi, DEX, Polis, PolisChain

Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge

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Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming.

 

November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus network.

 

The new chain represents a significant move for the ecosystem, signalling the project’s ambition to increase adoption with a particular focus on the fast-growing decentralized finance (DeFi) space. 

 

Coinciding with this announcement, the team behind Polis has also launched a dedicated decentralized exchange (DEX) for the PolisChain called HadesSwap. HadesSwap allows users in the Polis ecosystem to exchange the ecosystem’s tokens without the need for a centralized exchange, as well as stake Polis and other crypto-assets for returns. 

 

Currently, HadesSwap supports DAI, SOUL, BTCB, ETH and CAKE, and is compatible with popular decentralized wallet Metamask. HadesSwap also features a Binance Smart Chain (BSC) bridge for assets BTCB, ETH, CAKE and DAI. 

 

Speaking about the launch, PolisChain’s business DAO manager, Andreas Meyer, said: 

 

“In the long term, the Polis Chain team will focus on payment tools, merchant connections and online stores, creating a smart chain for fast payments and decentralized applications”

 

Towards DeFi and Beyond 

In addition to developing a new DeFi offering, Polis have been focussed on developing several new features for their gowing ecosystem. This includes the recent addition of Polis to Meter.io which connects PolisChain to BSC, supporting a bridge for BTCB, ETH, CAKE and DAI on both networks. 

 

Meter.io is a highly decentralized Ethereum scaling solution with a built-in metastable gas currency. It connects to Ethereum and other blockchains as a layer-two protocol and allows smart contracts to scale and communicate seamlessly through heterogeneous blockchain networks.

 

Read more about Meter.io here.

 

Moreover, in October 2021, the Polis team released Polis Block Slasher, a free-to-play game that allows players to win Polis, a feature that incentivises the wider ecosystem’s adoption. The game is randomized according to each player’s wallet address, with the chance to win up to 400 Polis (worth just over $100 at current market rates) if they secure a ranked position by November 30th. 

 

Find out more about Polis’ Block Slasher game  here

 

About Polis 

Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. Polis Chain is EVM-compatible, meaning developers can build applications that make use of smart contract technology. 

 

The network started as a fork of popular payment platform DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is governed by a decentralized autonomous organization (DAO) which elects five managers responsible for the ecosystem’s operation. All Polis members are able to vote for each of the positions as well as put forward and vote for specific proposals pertaining to the ecosystem’s future.  

 

At its core, Polis has adopted a community driven approach to creating new technology for the purpose of promoting widespread cryptocurrency and decentralized ledger adoption.

 

For more information on how Polis is using its own native blockchain to revolutionize DeFi, visit their website here.

 

Follow Polis on Twitter

Read the Polis blog on Medium
Join the Polis community on Telegram

Stay-up to date on all things Polis on Youtube 

 

Media Contact Details

Contact Name: Maria Sidorova

Contact Email: maria@polispay.org 

POLIS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

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Breakthrough Press Release, BSC, DAO, defi, DEX, Polis, PolisChain

Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge

Polisconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming.

 

November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus network.

 

The new chain represents a significant move for the ecosystem, signalling the project’s ambition to increase adoption with a particular focus on the fast-growing decentralized finance (DeFi) space. 

 

Coinciding with this announcement, the team behind Polis has also launched a dedicated decentralized exchange (DEX) for the PolisChain called HadesSwap. HadesSwap allows users in the Polis ecosystem to exchange the ecosystem’s tokens without the need for a centralized exchange, as well as stake Polis and other crypto-assets for returns. 

 

Currently, HadesSwap supports DAI, SOUL, BTCB, ETH and CAKE, and is compatible with popular decentralized wallet Metamask. HadesSwap also features a Binance Smart Chain (BSC) bridge for assets BTCB, ETH, CAKE and DAI. 

 

Speaking about the launch, PolisChain’s business DAO manager, Andreas Meyer, said: 

 

“In the long term, the Polis Chain team will focus on payment tools, merchant connections and online stores, creating a smart chain for fast payments and decentralized applications”

 

Towards DeFi and Beyond 

In addition to developing a new DeFi offering, Polis have been focussed on developing several new features for their gowing ecosystem. This includes the recent addition of Polis to Meter.io which connects PolisChain to BSC, supporting a bridge for BTCB, ETH, CAKE and DAI on both networks. 

 

Meter.io is a highly decentralized Ethereum scaling solution with a built-in metastable gas currency. It connects to Ethereum and other blockchains as a layer-two protocol and allows smart contracts to scale and communicate seamlessly through heterogeneous blockchain networks.

 

Read more about Meter.io here.

 

Moreover, in October 2021, the Polis team released Polis Block Slasher, a free-to-play game that allows players to win Polis, a feature that incentivises the wider ecosystem’s adoption. The game is randomized according to each player’s wallet address, with the chance to win up to 400 Polis (worth just over $100 at current market rates) if they secure a ranked position by November 30th. 

 

Find out more about Polis’ Block Slasher game  here

 

About Polis 

Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. Polis Chain is EVM-compatible, meaning developers can build applications that make use of smart contract technology. 

 

The network started as a fork of popular payment platform DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is governed by a decentralized autonomous organization (DAO) which elects five managers responsible for the ecosystem’s operation. All Polis members are able to vote for each of the positions as well as put forward and vote for specific proposals pertaining to the ecosystem’s future.  

 

At its core, Polis has adopted a community driven approach to creating new technology for the purpose of promoting widespread cryptocurrency and decentralized ledger adoption.

 

For more information on how Polis is using its own native blockchain to revolutionize DeFi, visit their website here.

 

Follow Polis on Twitter

Read the Polis blog on Medium
Join the Polis community on Telegram

Stay-up to date on all things Polis on Youtube 

 

Media Contact Details

Contact Name: Maria Sidorova

Contact Email: maria@polispay.org 

POLIS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge appeared first on Bitcoin PR Buzz.

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Breakthrough Press Release, DEX, NFT, Vulcan Forged

NFT Gaming Pioneer Vulcan Forged Launches First-Ever DEX for Gaming Tokens

Press Release: Vulcan Forged has launched a new and revolutionary decentralized exchange for gaming tokens following the success of its gaming metaverse, VulcanVerse. 

 

October 11th, Cardiff, United Kingdom – Blockchain gaming platform, Vulcan Forged, is announcing the launch of the first-ever decentralized exchange (DEX) purpose-built for gaming tokens, VulcanDEX. The DEX will allow users of the gaming platform to trade any gaming token without the need to register. Players will then be able to use their newly acquired tokens in their respective game. 

 

Users will also be able to stake gaming tokens to facilitate exchanges in VulcanDEX, with users earning rewards in proportion to their share of specific liquidity pools. The DEX currently has 4 active pools for this purpose, with several more, including $YGG, $SAND $AXS and $VNLA coming soon. Moreover, in-game assets can be farmed in VulcanDEX in the form of non-fungible tokens (NFTs), creating an active economy that involve several popular blockchain-based gaming ecosystems. 

 

VulcanDEX is also powered by $PYR, the utility token that is the backbone of the VulcanForged gaming ecosystem. Players can stake PYR in the DEX as well as earn their rewards in it and stake it in pools in addition to other gaming tokens.

 

Pioneering the Decentralized Play-to-Earn Model

With the addition of VulcanDEX to its portfolio of games and products, Vulcan Forged has become a veritable pioneer in  the “Play-to-Earn” (P2E) space. P2E is a gaming business model that creates open economies within gaming ecosystems and rewards those who add value to games by contributing to their development. This can be in the form of contributions such as game design and development, and even beta testing new games. The idea is to give access to potential players who would otherwise pay a premium to play popular games.

 

Vulcan Forged has merged this emerging concept with the principles of decentralized finance (DeFi), allowing participants in VulcanForged’s gaming platform to contribute gaming tokens and other crypto assets to facilitate their exchange between decentralized gamers. Moreover, the P2E industry is relatively new, with players such as Axie Infinity and Decentraland only gaining significant popularity this year. This puts Vulcan Forged at the cutting edge of this new emerging industry. 

 

Building on Success

That Vulcan Forged is in this pioneering position is no surprise given its recent success. Combined, the Vulcan Forged games are set to surpass the milestone of 200,000 users by the end of 2021. This is as a result of a number of successful developments since the start of the year for the Vulcan Forged team, including securing the intellectual property rights for iconic pieces of art to be included in their flagship in-game world, the VulcanVersre. 

 

The works include “Egyptian Queen” by Frank Frazetta, a painting which sold earlier in the year for over $5.4 million. Frazetta is a world-renowned fantasy and science fiction artist most famous for his Conan The Barbarian illustrations. Moreover, Vulcan Forged also partnered with Arkane Network to support game-focussed NFTs built on Polygon. The expansion to other popular ecosystems in the crypto space is part of Vulcan Forged’s longer-term plan to expand access to its pioneering games and game development ecosystem.

 

About Vulcan Forged

Designed as an easy-to-play and easy-to-build ecosystem, Vulcan Forged is a community-based project that promotes the development of world-class blockchain games by supporting developers through its development programs. ‘incubation and crowdfunding.

For blockchain game enthusiasts, Vulcan Forged is a one-stop-shop where they can access popular games and a huge NFT marketplace to buy and sell digital assets in-game. The entire ecosystem is powered by its own PYR settlement, staking and utility token. The ERC20 compatible PYR is a cross-platform currency that can be used in game titles that are part of the Vulcan Forged ecosystem.

For more information about Vulcan Forged’s revolutionary new DEX, visit their website here.

 

Follow Vulcan Forged on Twitter
Join the Vulcan Forged community on Telegram

Like Vulcan Forged on Facebook

Stay up to date via Vulcan Forged’s Discord

 

Media Contact Details

Contact Name: Jimi Exohus

Contact Email: PR@VulcanForged.com

VULCANFORGED is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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