Introduction of Token Utility on Polygon Star

To ensure that the price of $PoS is stable and owners are incentivized to hold we have implemented the following stabilizing mechanisms:

• Transfer tax — Applied to each purchase and sale of the $PoS
• Deposit Fees — A fee that is assessed when entering non-PoS based farms or pools
• Dymond Perks — An incentive program for holding $PoS (wordplay on both Diamond and $PoS)

There will be a 3% transfer tax applied to every purchase and sale of the PoS token.

• 50% will be used to burn $PoS immediately
• 25% tax will be used for the development and enhancement of the Polygon Star
• 25% tax will be used to automatically provide liquidity

4% Deposit Fee (Non-PoS Pools and Farms)

There will be a standard 4% deposit fee applied to the staking of Non-PoS tokens and pairs.

• 80% will be used to buyback $PoS and burn it
• 10% will be sent to the developer’s address
• 10% will be held for continuous marketing and future projects

The Polygon Star has been designed to directly tie the utility it provides to the $PoS token. Our vision is to ensure that holders of the $PoS token are continuously rewarded and benefit in various ways as the platform continues to evolve. This function will be referred to as Dymond (pronounced ‘Diamond’) perks.

Once the maximum supply has been met the deflationary mechanisms associated with the $PoS token will become considerably obvious. With every transfer of $PoS its value will immediately increase.

Simple 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.

Deposit Fee Dymond Perk Breakdown (Non-native Tokens):

Users holding a minimum of 1,000,000 $PoS within their wallets will be considered long-term supporters of the project and as a result, will be eligible for Dymond Perks related to their deposit fee. The Deposit Fee Dymond Perk will reduce the amount of tax one must pay when entering a Non-native token farm or pool.

Deposit Fee Dyamond Perk Tier Structure

Deposit Fee Dymond Perk Tier 1 (3%) Breakdown (Non-native Tokens):

• 2.4% Deposit fee will be used to buyback $PoS and burn it
• 0.3% Deposit fee will be sent to the developers’ address
• 0.3% Deposit fee will be held in escrow for continuous marketing and future projects

Deposit Fee Dymond Perk Tier 2 (2%) Breakdown (Non-native Tokens):

• 1.6% Deposit fee will be used to buyback $PoS and burn it
• 0.2% Deposit fee will be sent to the developers’ address
• 0.2% Deposit fee will be held in escrow for continuous marketing and future projects

Deposit Fee Dymond Perk Tier 3 (0.5%) Breakdown (Non-native Tokens):

• 0.4% Deposit fee will be used to buyback $PoS and burn it
• 0.05% Deposit fee will be sent to the developers’ address
• 0.05% Deposit fee will be held in escrow for continuous marketing and future projects

Simple Example: Let’s assume there are three investors, A, B, and C. They all would like to deposit $1000 into the same non-PoS farm but each of them has a different balance of $PoS in their wallet.

• Investor A has 5,000,000 $PoS in his wallet
• Investor B has 8,000,000 $PoS in his wallet
• Investor C has 16,000,000 $PoS in his wallet

Investors A and B would both qualify for the Tier 1 Deposit Fee Dymond Perk. The minimum required $PoS is 1,000,000 $PoS and they both satisfy this requirement. However, Investor B although he has twice as much $PoS as Investor A does not satisfy the requirement (10,000,000 $PoS) to receive the Tier 2 Deposit Fee Dymond Perk. As a result, both Investor A and Investor B will pay $30 in deposit fees on their $1000 investment to get into the non-PoS Farm.

Investor C on the other hand has a balance of 16,000,000 $PoS in his wallet at the time of investing and qualifies for a Tier 3 Deposit Fee Dymond Perk. As a result, Investor C will pay $5 in deposit fees on his $1000.