Polaris project performed well during October. In particular the strength of our community stands out based on the large number participating as liquidity providers and traders. Despite positive performance the Polar price ended up lower, although still several times higher than when the new team took over.
Fees: revenues and burn
During October Polaris earned 341,351 Polar tokens in fees: 280,923 from Polar supernovas and 61,058 from partner supernovas.
In addition, 154,733 Polar tokens were burned: 138,233 from Polar supernovas and 16,500 from partner supernovas.
Also, 16,500 Polar tokens were earned by partners from their own supernovas.