Polis Chain information summarized:
Polis has its own Smart Chain Olympus so its own network that is similar to the Binance Smart Chain or other chains of this kind. Polis is an EVM-compatible side-chain focused on developing tools to allow merchants to use cryptocurrencies as a form of payment.
The Polis smart chain Olympus is currently connected to the Binance smart chain and you can currently send DAI over the bridge between both smart chains. https://passport.meter.io/ . Further tokens and networks will follow. If you want to move Polis between Olympus and the BSC, you have to use this bridge: https://bridge.polis.tech/transfer
Dapp Hades Swap published:
Hades Swap is an automated market-making (AMM) decentralized exchange (DEX) in the Olympus Network. This is similar to Sushiswap or Pancakeswap on the Binance Smart Chain but on Olympus. Here you can farm and trade. Starting Monday, November 8, rewards will start here with Hades Swap's own token Soul, for liquidity providers (LP). Soul is an incentive token comparable to Cake or Uni. Of course, you can then also Staked the earned Soul. The Dex is at the beginning more tokens follow currently Polis and the stable coin Dai available. Soul will be active from Monday. Here you can see which tokens are active on the Olympus chain: <https://explorer.polis.tech/tokens
Everyone can decide what to do with their polis. There are many variants like e.g:
1.set up a validator (at least 100.000 Polis) and get Polis tokens (staking) and transaction fees from the network: https://explorer.polis.tech/validators
2.delegate to a validator (at least 1000) thereby Polis Token (staking): https://explorer.polis.tech/validators
- put Hades Swap LP (wPolis/Dai) and thereby earn Soul Token: https://hadeswap.finance/yield
- Put LP in Pancakeswap Pool on BSC: https://farms.polispay.org/farm
- Trade
- HODL