So…we took a bit of a break from our educational series to allow you time to digest all the information we put out and get you ready for the heavier stuff coming!

What is a supernova and what is this unique platform on BSC that Polaris is building?

The idea of the supernovas or this style of launchpad/yield farm was originally created by the genius minds over at GYSR on Ethereum. As the saying goes: “We are standing on the shoulders of giants”. So you can say Polaris is standing on a good foundation.

The Juicy part !

Unlike traditional yield farms, where your yield is solely based on the APRD and your staked value in the pool, the supernovas allow the farmer to dramatically increase their harvested yield by spending $POLAR. What do I mean by that? Our native token $POLAR v3 can be used to multiply your rewards by 2x, 3x etc, however the only caveat is that the value of your harvest must be more than the value of the $POLAR you are spending. The amount of POLAR needed to achieve additional multiples will increase logarithmically, meaning it will cost 10 times as much $POLAR to achieve a 3x versus a 2x. …………………………………………………………………………….

Why Binance Smart Chain?

Low gas fees make this blockchain a great place for smaller farmers, Ethereum has been a challenging place for farmers or users of GYSR because of the high transaction fees.

Lastly, How does Polaris make money?

As Polaris embarks on launching its DIY supernovas along with the new UI/UX, we are proud to show you our readers and beloved community members. Not only did we think about strong utility for our token ($POLAR) throughout our ecosystem but we also thought through how we would keep this project going financially.





Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Want to be paid in crypto?by Blake Smith Ar

Sneak peak into upcoming farms and birth of $NOVA token

Local BCH shop OTC on private blockchain

MetagameZ refund announcement

.e friend.e Thanks. Fi.

ICONFi starts Tax Support!

Coinmeca Introduction

Cosmos Delegation Tutorial (non-technical)

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


More from Medium

Proof-of-Work vs Proof-of-Stake: What You Need To Know

Hackerlabs DAO — the Shark Tank of Crypto.

Understanding Crypto Maximalism

Lossless Joining Forces With AvaXlauncher to Increase DeFi Coverage