Polis Partners with MCN Ventures to Build Cross Chain DeFi Ecosystem on Polis Chain

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Press Release: Polis is partnering with decentralized crypto venture capitalist MCN Ventures following the successful launch of the Polis Chain ecosystem. 

 

December 21st, 2021, Mexico City, Mexico – Community-based decentralized finance (DeFi) platform Polis is announcing a partnership with decentralized VC MCN Ventures. The collaboration, which is the first of its kind for Polis, will focus on building a cross-chain DeFi ecosystem on Polis Chain, Polis’ native blockchain.  

 

As part of the collaboration, four new projects are set to be deployed by MCN Ventures on Polis Chain in the next few weeks. These include decentralized stablecoins Xdollar and MinMax, farming ecosystem MCN Multiple, and Acheron, a third-party bridge for Polis Chain.   

 

Speaking about the collaboration, Andreas Meyer, Business DAO Manager commented: 

 

“For our project it is the first time that we will work together with a venture fund. The special thing is that MCN is completely decentralized and has a huge network in the DeFi space. This brings us many new opportunities to grow our Polis Chain for 2022. We are looking forward to this collaboration and the future new projects on our chain.”

 

Bill the Investor, a general partner of MCN Ventures also commented

 

“The partnership between MCN and Polis will help Polis to build its defi projects fast and greatly enhance the MCN ecosystem.”

 

The New Kid in DeFi

Polis’ collaboration with MCN Ventures comes after a swathe of developments at Polis following its entry into the DeFi space, marking its 4-year milestone. In November 2021, Polis launched Hades Swap, its first decentralized exchange (DEX) in a key pivot into the DeFi space. The DEX had over $2.5 million in trading volume in its first week, with Total Value Locked (TVL) peaking at $2.5 million too. To date, $6.5 million worth of crypto assets has been traded on the platform.

 

Moreover, Polis successfully launched the Olympus Network, a blockchain within the Polis ecosystem capable of running smart contracts. This will allow developers in the ecosystem to easily create decentralized applications (dApps), a feature which is critical for its operation in the DeFi space.  

 

Finally, in November 2021, Polis partnered with Meter,io to bridge the Olympus Network to Binance Smart Chain to facilitate transfers of stablecoin DAI. The Polis team has also been pursuing several additional partnerships which are due to materialize in the next few months.

 

Combined, these developments suggest Polis’ pivot towards DeFi is not only well-funded, but well-resourced, ensuring Polis is positioned to become a leader in the DeFi space. 

 

About MCN ventures

MCN Ventures is a decentralized incubator, investor and liquidity provider.  Its stakeholders  comprise Twitter-based key opinion leaders, entrepreneurs, traders and analysts focussed on decentralized finance. Collectively, stakeholders invest in early-stage projects, providing a range of industry expertise as well as capital.

 

The MCN team leverages a platform of over 200,000 followers across Twitter, Telegram, WeChat and Weibo to help grow early-stage communities as well as providing technical expertise in the form of code audits and evaluations. 

 

About Polis

Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. Polis Chain is EVM-compatible, meaning developers can build applications that make use of smart contract technology. 

 

The network started as a fork of popular payment platform DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is governed by a decentralized autonomous organization (DAO) which elects five managers responsible for the ecosystem’s operation. All Polis members are able to vote for each of the positions as well as put forward and vote for specific proposals pertaining to the ecosystem’s future.  

 

For more information on the Polis and MCN Ventures collaboration, visit their website here.

 

Follow Polis on Twitter

Read the Polis blog on Medium
Join the Polis community on Telegram

Stay-up to date on all things Polis on Youtube 

 

Media Contact Details

Contact Name: Maria Sidorova

Contact Email: maria@polispay.org 

 

POLIS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

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Polis Partners with MCN Ventures to Build Cross Chain DeFi Ecosystem on Polis Chain

Polis Partners with MCN Ventures to Build Cross Chain DeFi Ecosystem on Polis Chain2console.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: Polis is partnering with decentralized crypto venture capitalist MCN Ventures following the successful launch of the Polis Chain ecosystem. 

 

December 21st, 2021, Mexico City, Mexico – Community-based decentralized finance (DeFi) platform Polis is announcing a partnership with decentralized VC MCN Ventures. The collaboration, which is the first of its kind for Polis, will focus on building a cross-chain DeFi ecosystem on Polis Chain, Polis’ native blockchain.  

 

As part of the collaboration, four new projects are set to be deployed by MCN Ventures on Polis Chain in the next few weeks. These include decentralized stablecoins Xdollar and MinMax, farming ecosystem MCN Multiple, and Acheron, a third-party bridge for Polis Chain.   

 

Speaking about the collaboration, Andreas Meyer, Business DAO Manager commented: 

 

“For our project it is the first time that we will work together with a venture fund. The special thing is that MCN is completely decentralized and has a huge network in the DeFi space. This brings us many new opportunities to grow our Polis Chain for 2022. We are looking forward to this collaboration and the future new projects on our chain.”

 

Bill the Investor, a general partner of MCN Ventures also commented

 

“The partnership between MCN and Polis will help Polis to build its defi projects fast and greatly enhance the MCN ecosystem.”

 

The New Kid in DeFi

Polis’ collaboration with MCN Ventures comes after a swathe of developments at Polis following its entry into the DeFi space, marking its 4-year milestone. In November 2021, Polis launched Hades Swap, its first decentralized exchange (DEX) in a key pivot into the DeFi space. The DEX had over $2.5 million in trading volume in its first week, with Total Value Locked (TVL) peaking at $2.5 million too. To date, $6.5 million worth of crypto assets has been traded on the platform.

 

Moreover, Polis successfully launched the Olympus Network, a blockchain within the Polis ecosystem capable of running smart contracts. This will allow developers in the ecosystem to easily create decentralized applications (dApps), a feature which is critical for its operation in the DeFi space.  

 

Finally, in November 2021, Polis partnered with Meter,io to bridge the Olympus Network to Binance Smart Chain to facilitate transfers of stablecoin DAI. The Polis team has also been pursuing several additional partnerships which are due to materialize in the next few months.

 

Combined, these developments suggest Polis’ pivot towards DeFi is not only well-funded, but well-resourced, ensuring Polis is positioned to become a leader in the DeFi space. 

 

About MCN ventures

MCN Ventures is a decentralized incubator, investor and liquidity provider.  Its stakeholders  comprise Twitter-based key opinion leaders, entrepreneurs, traders and analysts focussed on decentralized finance. Collectively, stakeholders invest in early-stage projects, providing a range of industry expertise as well as capital.

 

The MCN team leverages a platform of over 200,000 followers across Twitter, Telegram, WeChat and Weibo to help grow early-stage communities as well as providing technical expertise in the form of code audits and evaluations. 

 

About Polis

Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. Polis Chain is EVM-compatible, meaning developers can build applications that make use of smart contract technology. 

 

The network started as a fork of popular payment platform DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is governed by a decentralized autonomous organization (DAO) which elects five managers responsible for the ecosystem’s operation. All Polis members are able to vote for each of the positions as well as put forward and vote for specific proposals pertaining to the ecosystem’s future.  

 

For more information on the Polis and MCN Ventures collaboration, visit their website here.

 

Follow Polis on Twitter

Read the Polis blog on Medium
Join the Polis community on Telegram

Stay-up to date on all things Polis on Youtube 

 

Media Contact Details

Contact Name: Maria Sidorova

Contact Email: maria@polispay.org 

 

POLIS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

The post Polis Partners with MCN Ventures to Build Cross Chain DeFi Ecosystem on Polis Chain appeared first on Bitcoin PR Buzz.

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Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge

Polisconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming.

 

November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus network.

 

The new chain represents a significant move for the ecosystem, signalling the project’s ambition to increase adoption with a particular focus on the fast-growing decentralized finance (DeFi) space. 

 

Coinciding with this announcement, the team behind Polis has also launched a dedicated decentralized exchange (DEX) for the PolisChain called HadesSwap. HadesSwap allows users in the Polis ecosystem to exchange the ecosystem’s tokens without the need for a centralized exchange, as well as stake Polis and other crypto-assets for returns. 

 

Currently, HadesSwap supports DAI, SOUL, BTCB, ETH and CAKE, and is compatible with popular decentralized wallet Metamask. HadesSwap also features a Binance Smart Chain (BSC) bridge for assets BTCB, ETH, CAKE and DAI. 

 

Speaking about the launch, PolisChain’s business DAO manager, Andreas Meyer, said: 

 

“In the long term, the Polis Chain team will focus on payment tools, merchant connections and online stores, creating a smart chain for fast payments and decentralized applications”

 

Towards DeFi and Beyond 

In addition to developing a new DeFi offering, Polis have been focussed on developing several new features for their gowing ecosystem. This includes the recent addition of Polis to Meter.io which connects PolisChain to BSC, supporting a bridge for BTCB, ETH, CAKE and DAI on both networks. 

 

Meter.io is a highly decentralized Ethereum scaling solution with a built-in metastable gas currency. It connects to Ethereum and other blockchains as a layer-two protocol and allows smart contracts to scale and communicate seamlessly through heterogeneous blockchain networks.

 

Read more about Meter.io here.

 

Moreover, in October 2021, the Polis team released Polis Block Slasher, a free-to-play game that allows players to win Polis, a feature that incentivises the wider ecosystem’s adoption. The game is randomized according to each player’s wallet address, with the chance to win up to 400 Polis (worth just over $100 at current market rates) if they secure a ranked position by November 30th. 

 

Find out more about Polis’ Block Slasher game  here

 

About Polis 

Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. Polis Chain is EVM-compatible, meaning developers can build applications that make use of smart contract technology. 

 

The network started as a fork of popular payment platform DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is governed by a decentralized autonomous organization (DAO) which elects five managers responsible for the ecosystem’s operation. All Polis members are able to vote for each of the positions as well as put forward and vote for specific proposals pertaining to the ecosystem’s future.  

 

At its core, Polis has adopted a community driven approach to creating new technology for the purpose of promoting widespread cryptocurrency and decentralized ledger adoption.

 

For more information on how Polis is using its own native blockchain to revolutionize DeFi, visit their website here.

 

Follow Polis on Twitter

Read the Polis blog on Medium
Join the Polis community on Telegram

Stay-up to date on all things Polis on Youtube 

 

Media Contact Details

Contact Name: Maria Sidorova

Contact Email: maria@polispay.org 

POLIS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge

Polisconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming.

 

November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus network.

 

The new chain represents a significant move for the ecosystem, signalling the project’s ambition to increase adoption with a particular focus on the fast-growing decentralized finance (DeFi) space. 

 

Coinciding with this announcement, the team behind Polis has also launched a dedicated decentralized exchange (DEX) for the PolisChain called HadesSwap. HadesSwap allows users in the Polis ecosystem to exchange the ecosystem’s tokens without the need for a centralized exchange, as well as stake Polis and other crypto-assets for returns. 

 

Currently, HadesSwap supports DAI, SOUL, BTCB, ETH and CAKE, and is compatible with popular decentralized wallet Metamask. HadesSwap also features a Binance Smart Chain (BSC) bridge for assets BTCB, ETH, CAKE and DAI. 

 

Speaking about the launch, PolisChain’s business DAO manager, Andreas Meyer, said: 

 

“In the long term, the Polis Chain team will focus on payment tools, merchant connections and online stores, creating a smart chain for fast payments and decentralized applications”

 

Towards DeFi and Beyond 

In addition to developing a new DeFi offering, Polis have been focussed on developing several new features for their gowing ecosystem. This includes the recent addition of Polis to Meter.io which connects PolisChain to BSC, supporting a bridge for BTCB, ETH, CAKE and DAI on both networks. 

 

Meter.io is a highly decentralized Ethereum scaling solution with a built-in metastable gas currency. It connects to Ethereum and other blockchains as a layer-two protocol and allows smart contracts to scale and communicate seamlessly through heterogeneous blockchain networks.

 

Read more about Meter.io here.

 

Moreover, in October 2021, the Polis team released Polis Block Slasher, a free-to-play game that allows players to win Polis, a feature that incentivises the wider ecosystem’s adoption. The game is randomized according to each player’s wallet address, with the chance to win up to 400 Polis (worth just over $100 at current market rates) if they secure a ranked position by November 30th. 

 

Find out more about Polis’ Block Slasher game  here

 

About Polis 

Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. Polis Chain is EVM-compatible, meaning developers can build applications that make use of smart contract technology. 

 

The network started as a fork of popular payment platform DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is governed by a decentralized autonomous organization (DAO) which elects five managers responsible for the ecosystem’s operation. All Polis members are able to vote for each of the positions as well as put forward and vote for specific proposals pertaining to the ecosystem’s future.  

 

At its core, Polis has adopted a community driven approach to creating new technology for the purpose of promoting widespread cryptocurrency and decentralized ledger adoption.

 

For more information on how Polis is using its own native blockchain to revolutionize DeFi, visit their website here.

 

Follow Polis on Twitter

Read the Polis blog on Medium
Join the Polis community on Telegram

Stay-up to date on all things Polis on Youtube 

 

Media Contact Details

Contact Name: Maria Sidorova

Contact Email: maria@polispay.org 

POLIS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins