Intro to Polygon Star

Polygon Star
2 min readSep 20, 2023

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The Polygon Star is a comprehensive revolutionary DeFI platform running on Ethereum. The name Polygon Star was chosen because it embodies three key principles — power, potential and ability. These principles underscore our core vision for the platform — a place that enables our users to achieve financial freedom by exploring the full potential of decentralized finance.

On the Polygon Star, users can create liquidity pools and interact with smart contracts while earning rewards. After researching the demands and desires of our users, we have enhanced the platform with incentivized utilitarian functionality through several features that will be detailed in the following sections.

Our protocol will include several features that are meant to address different user capabilities and needs, including:

  • Inflation and Devaluation Prevention: Several features are implemented to ensure $PoS value can only go up, including automatic burning, anti-whale deterrent, and supply limitations
  • Auto Compounding: When LP tokens are staked into our vaults, the smart contract deposits them into the underlying farms (e.g. Sushiswap, 1inch, etc) for rewards, and it will then automatically harvest and compound into more LP tokens for our users.
  • Dymond Perks: This function ensures that holders of the PoS token are continuously rewarded and benefit in various ways as the platform continues to evolve. For example, an investor who purchased $PoS and merely kept it in his wallet will begin to notice an increase in the token value. As the amount of $PoS in circulation (supply) goes down and the Polygon Star utility increases it will create a demand which directly correlates to the appreciation of the PoS token. So even by holding the token, it will constantly increase in value.
  • Yield Farming (Short Term and Long Term): Different approaches to farming will accommodate investors looking to receive rewards on a short-term basis, a long-term basis, and even the more risk-averse investors looking to farm stable pairs.
  • DEX & Liquidity Pool Fees: PoS holders will be able to use a decentralized exchange (DEX) to contribute liquidity to traders through the PoS-WETH pair and earn transaction fees from the pool.
  • Cross-Chain Bridging: With this capability, users will be able to swap assets between blockchains. We will support bridges between PulseChain and Ethereum (ETH).
  • Launchpad: This mechanism will be used to build relationships and partnerships with other fundamentally sound projects.
  • Referral Program: The implementation of this program will allow referrers of the platform to earn a percentage of every PoS that the referred person earns while in our farms and pools.

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Polygon Star

PolygonStar is a decentralized financial platform running on the Ethereum network.