Polkalastic Rebranded To Polylastic And Now Launched in Binance Smart Chain
More and more projects are coming to the Binance Smart Chain and the latest to the list was Polylastic.
The Polylastic formerly “Polkalastic”(POLX) Index is designed to track token performance within the ever-evolving Elastic Finance industry.
Polkalastic reached a decision to rebrand its name into Polylastic and now powered by the most largest chain, Binance Smart Chain to be more reachable for its users.
The $POLX token is a deflationary, fee-earning token used for governance and weigheing the index according to delegated stake.
Polylastic features a two-tier staking model to reward and these are as follows POLX, and POLX LP Tokens.
♦️ POLX – Direct sync staking through our proxy and manager contract architecture.
♦️ POLX LP Tokens – Liquidity providers can stake their LP tokens and will be rewarded appropriately for their contributions to index health.
Be being launched in Binance Smart Chain, $POLX users and customers will get to enjoy the following benefits
🔸Low fees for continuous rebalancing
🔸Community weighting staking/yield farming efficiencies
🔸Low cost, sufficient speed and liquidity for the regular deployment or removal of index assets
🔸An active vibrant ecosystem to embrace EFi, encourage delegation and actively trade POLX
ABOUT Polylastic
Polylastic is the elastic finance aggregator, powered by Binance Smart Chain.
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