🚀[ANN] POLIS | Proof-of-Stake and Masternodes | Decentralized |

[cryptomaxsun]

Discord news.

Hello Polis Community!

Yesterday was a very important day for the future of Polis and our beloved community.
The developer team has been working a lot to make sure we have our blockchain ready.

Yesterday was the beginning of our new path.

For that reason, I decided to mark this moment with an airdrop of the first Polis NFT: Polis OG.
This NFT was airdropped to all the members that participated in the genesis coin generation.
The NFT contains 1 of the 4 images from our past Art Contest. It was randomly selected.

Go to the explorer and check your address to see your NFT: https://explorer.polis.tech/tokens/0xaA98873B65044A6927097f2e5B274c43eEc41477/inventory

Thanks for all.

[cryptomaxsun]

Olympus and Polis Chain FAQs

With the switch to our own blockchain and the Olympus network, some people from the community have approached us with questions about the Polis Chain and the Olympus network. This article is intended to answer the most common questions for now and help you understand how the process works and how you can swap to the Polis Chain and the Olympus network when the time comes.

Read more - https://polischain.medium.com/olympus-and-polis-chain-faqs-75a566fcf409

[cryptomaxsun]

Bridges Announcement

Hello Polis Community,
A small, yet important update regarding the bridge. The bridge will be enabled at the same time as the POSDAO consensus at block 361,898 + ~1000 blocks (at some point on Thursday), and not on Tuesday 5pm UTC as said on the announcement, as the creation of the bridge requires POSADO to be enabled. The time difference was created by a small hiccup on the chain, that delayed block production by an offset of 1–2 days, originally the POSDAO was meant to be enabled tomorrow. The POSDAO enabling block is set at the consensus level, so it is impossible to update this without updating the chain and causing a fork among currently running nodes, so the original POSDAO consensus activation block will remain. The article will be updated to reflect this, and announcements will be created to update the community on the bridge status.
Thank you.

https://polischain.medium.com/bridges-announcement-c6505260dfa3

[cryptomaxsun]

Discord news

as part of the migration of funds into the Olympus Mainnet the team has sent the complete amount of DAO funds into my personal, public, cold storage wallet for a safe migration. (0xF8F14be2A3D129F21fAA53e208cF903043D267e0, both in BSC & Olympus) A total of 369,599.23 POLIS were transferred.

We will migrate this coins through the bridge, according to the bridge's limits everyone is subject to, so this announcement will be updated over the course of the following days to reflect new transactions. You can track the balance of migrated funds here (https://explorer.polis.tech/address/0xF8F14be2A3D129F21fAA53e208cF903043D267e0/transactions)

September 28th
    * 50,000 POLIS https://bscscan.com/tx/0xc576189f7905f136f2569cf4ab0b14aa3d0a9cd6a3eb0dbe47a8ede4c9794cdf
    * 50,000 POLIS https://bscscan.com/tx/0x42266b8f055709f41bceb545efdb52edabee0921d90bfbb76046de3e93fc17e2
September 29th
    * 50,000 POLIS https://bscscan.com/tx/0xe4516edc43d527d1bd405f6517e2b8723846353dca6ede2a2a0c6f25d48a48e6
    * 50,000 POLIS https://bscscan.com/tx/0x517b28e33f94c720b9db4b6958a9cff529a9accf84a7c9fbbc8ed5b2337f776a
October 1st
    * 50,000 POLIS https://bscscan.com/tx/0xca474f0800bd0eee0061c34bee7c77e0f1b52e950350fe4288ce888787145b34
    * 50,000 POLIS https://bscscan.com/tx/0xbc3301edbce9b09ed832fe1c14161eb4accd7a497a3aaceb856ec75dee620170
October 2nd
    * 50,000 POLIS https://bscscan.com/tx/0xdc8451df23babc267bb29b320620c8c7b504f5870f7f856a52dc7607a5615698
    * 19,599.23 POLIS https://bscscan.com/tx/0x0b86ffadb3270945e08e9f85e7900c23d808dfb7368e97f0b3da9d80b9bbf5a4

Once all of the balance has been migrated it will be transferred to the DAO Olympus Multisignature Wallet (0xF65893E912cE3A89fc393C4803beF175123EE107) that holds 100,100 POLIS (migrated at genesis block time) before this migration.


All DAO funds have been migrated to the DAO Olympus Multisig Address (0xF65893E912cE3A89fc393C4803beF175123EE107), pending to send into the new Agora (treasury) address.

369,599.23 POLIS migrated in two transactions:
* 5 POLIS https://explorer.polis.tech/tx/0x2985cfa04b1b9d4a7f2a4e20d8774bd68e5abedcfedb13ca836062abf351a800/internal-transactions
* 369,594.23 POLIS https://explorer.polis.tech/tx/0x1be632107da5b0da57d3c2681bdac260ad2f59233861c77d74359044bb7a42d8/internal-transactions

Some DAO Managers have already claimed their payment established in the approved proposal to migrate treasury funds (https://forum.polispay.org/t/dao-treasury-olympus-swap-proposal/82). Remember these are taken from the migrated funds that are currently stored in the DAO Multisig. The remaining funds will be moved to the treasury in a couple days.

* Business 21,000 POLIS https://explorer.polis.tech/address/0xF2a56415fc877A68918bd744Ac9b63722eA3aB8c/transactions
* Adoption 21,000 POLIS https://explorer.polis.tech/tx/0x953a59b490cbc2f841485086da9642e6140601758efabd3920d2ba18ea02245b/internal-transactions
* Community 21,000 POLIS https://explorer.polis.tech/tx/0x9c594d644f2a62d340a4db83cec834b01116b36979728f1dc4f5f2ef6fcbed27/internal-transactions

This message will be updated as soon as any other manager claims their coins. Pending to claim Marketing, Technology & Support. Thank you for your support.

[cryptomaxsun]

Discord news.

Hello Polis Community,
The first epoch with POSDAO enabled ended on saturday, this gave us the opportunity to gather info on the tests we did on mainnet and testnet.

We would like to share some detailed information on the validator/delegator mechanism :

Validators :
There are 19 spots for validators to be voted in by the system. Spots are voted in based on collateral + delegated stake total, highest total first.
If there are more than 19 candidates, the 19 highest total candidates get chosen for the next epoch to be validator. At the end of each epoch, a new set of validators gets chosen according to these rules. These could end up being the same list as the previous epoch, if there are no major balance changes.
For each epoch, the total reward for all validators and delegated stakers will be 0.152% of the total locked in validators and stakers for that epoch.
Validators get rewarded 1/n part of this total, if there are n validators, regardless of the amount of collateral in the validator. As an example, a validator with 260K collateral gets the same amount of reward as one with 100K collateral, but has a higher chance to be voted in as validator when there are more than 19 candidates.

Delegated Stakers :
Everyone can freely choose which validator one wants to stake with. Important factors are total uptime of the validator, and it's chance to be in the top 19 of candidates for each epoch.
Each validator shares its reward with the stakers delegated to it, up to a maximum of 50%.
The remaining reward that gets shared with the delegated stakers will be divided over the total amount of delegated stakes on this validator. This means that delegated stakes on a very full validator will receive far less rewards because there are more stakers sharing the reward.
For stakers, it is best to delegate to a validator that has the least amount of delegated stakers, to get the largest part of the reward for that validator.
@everyone
⚠️Example :⚠️
Let's assume there is 7M polis locked in 18 validators.
Validator X has 100K collateral and 100K delegated staking from one person.
Validator Y has 260K collateral and 1M delegated staking from 10 people with 100K delegated staking.
Validator Z has 150K collateral and no delegated stakers.
Even though validator Y has far more total stakes and collateral, it receives the same amount as reward, being (7M * 0.152%) / 18 = 591.1 polis.
Validator X will receive 295.55 polis and the delegated staker on X will also receive 295.55 polis. (Half of 591.1)
Validator Y will also receive 295.55 polis but the 10 delegated stakers will receive only 29.555 polis because they share the reward with 10 people.
Validator Z will receive the full 591.1 polis because there are no stakers to share with.

[cryptomaxsun]

Discord news.

Hello Polis Community

With the launch of our new blockchain we have been constantly preparing the ecosystem.

One of the most important parts of our ecosystem is our own AMM DEX.

We are glad to present you Hades Swap

For more information please join Hades Swap channels

Twitter: https://twitter.com/hadesswap
Discord: https://discord.gg/NKVC6bEtn5
Telegram: https://t.me/hadesswap

Hello Polis Community,

our great partners at Meter.io have announced the support for Polis on their passport platform, allowing our community to transfer value across chains.

This is a huge step for our Community to enchance liquidity for the upcoming pools on Hades Swap.

https://twitter.com/Meter_IO/status/1456671778055487489?t=nT27VNbj5hGCExNaCCr3Sg&s=09

Go show some love Polis to the tweet and help us spread the word!  

Hello Polis Community!

We've prepared a short article to explain what Meter passport bridge is and why we achieved a huge milestone for Hades Swap and the Polis ecosystem. This article includes a link to our docs where we explain how you use the meter passport platform to bridge your DAI to the Olympus Network.

Enjoy reading and prepare yourself to provide liquidity on Hades Swap if you will.

https://polischain.medium.com/polis-meter-io-unlocking-defi-potential-on-polis-chain-fc570642685a


Hello Polis Community!

Rewards in Hades Swap will start at block 1,097,276.
Right now the only available rewards are by providing liquidity to the POLIS/DAI pair and the SOUL single token staking.

We want to remind you that once the farm start, the rewards from Binance Smart Chain LPs will be reduced to match our calculated emission rates.


We are less than 300 blocks away (~25 minutes) from SOUL rewards to be enabled for the POLIS/DAI and SOUL 🔥 Staking pools on https://hadesswap.finance/.
Are you ready??  Gotta catch those SOULS

If not, please read our guides on how to get started.  https://doc.hadesswap.finance/products/exchange

[Bronepoezdec]

Dear potential investors. It became finally clear that the POLIS Blockchain project continues to mislead people! We did not want to return to this project, as we had long considered our cooperation over, due to the insolvency and incompetence of the POLIS Blockchain team. However, after learning that these people decided to roll out their fraudulent scheme again and attract unsuspecting investors to a new project (namely, POLIS 3.0) we draw your attention to the fact that they created a complete clone of an existing project called  SOUL, calling it a unique product and giving it the same name SOUL, practically copying the site code and the shape of the token logo as well! Here is the link for the real SOUL https://exchange.soulswap.finance/swap  and this is thelink for the SOUL of these guys https://hadesswap.finance/swap . Just select SOUL token on both to compare - Find 3 differences! Since by their actions these people forced us to pay attention to this project again, we will give a full explanation of their fraudulent actions in the near future. With all the evidences, references, screens and our analysis. For now, we ask you to be extremely careful if you have an idea to give your money to these guys!

[rawc]

Any way to migrate POLIS to BSC - bridge seem to be down https://smartchain.polispay.org/ ?

[cryptomaxsun]

Any way to migrate POLIS to BSC - bridge seem to be down https://smartchain.polispay.org/ ?

https://bridge.polis.tech/transfer
This one works, I recently sent coins from the Olympus network.
It's strange that no exchange works with the Olympus network, and you still have to use BSC.

[rawc]

Hm, but there is also no way to bring my original POLIS coins to Olympus?
I have a PolisPay wallet and it seems that I cannot do anything with my POLIS coins there...

[cryptomaxsun]

Hm, but there is also no way to bring my original POLIS coins to Olympus?
I have a PolisPay wallet and it seems that I cannot do anything with my POLIS coins there...

https://discord.gg/ZVV2juYhKG
Join the discord, ask the developers to exchange them, or write to them on the website through their support, explain the situation.
The polis began to increase in price, I hope you will succeed.
Good luck to you!

[cryptomaxsun]

Discord news.

We've made a lot of noise till now and in case you missed it we want to give you an overview on our press releases.

YahooFinance
https://finance.yahoo.com/news/polis-enters-defi-space-launching-170600453.htm

BitcoinPRBuzz https://bitcoinprbuzz.com/polis-enters-the-defi-space-launching-smartchain-dex-and-bsc-bridge/

Bitcoinist
https://bitcoinist.com/polis-enters-the-defi-space-launching-smartchain-dex-and-bsc-bridge/

Coinspeaker
https://www.coinspeaker.com/polis-enters-defi-space-launching-smartchain-dex-bsc-bridge/

Bitcoin.com
https://news.bitcoin.com/polis-enters-the-defi-space-launching-smartchain-dex-and-bsc-bridge/

NewsBTC
https://www.newsbtc.com/press-releases/polis-enters-the-defi-space-launching-smartchain-dex-and-bsc-bridge/

AMBCrypto
https://ambcrypto.com/polis-enters-the-defi-space-launching-smartchain-dex-and-bsc-bridge/

Benzinga https://www.benzinga.com/pressreleases/21/11/24099560/polis-enters-the-defi-space-launching-smartchain-dex-and-bsc-bridge

DigitalJournal
https://www.digitaljournal.com/pr/polis-enters-the-defi-space-launching-smartchain-dex-and-bsc-bridge

SmartLiquitdity
https://smartliquidity.info/2021/11/08/hadesswap-amm-dex-launch-on-polis-chain/

Our beloved DAO manager for adoption Hans hit it again. He prepared and uploaded a new video tutorial about how you join the Olympus network with your :Polis4:  to get started at HadesSwap!

The tutorial is splitted in to 2 parts.

We hope you enjoy it and don't forget to share it with family and firends. :Polis6:

Part 1:
https://www.youtube.com/watch?v=7kYsduwpwQE

Part 2:
https://youtu.be/UGkki_ecCyg

[cryptomaxsun]

Discord news.

Hello Polis Community!

Here is the last written project update and AMA announcement for this year! Be sure to read it properly and to mark December 29th in your calenders if you don't want to miss our last AMA in 2021!

https://polischain.medium.com/polis-3-0-update-4-ea25698f5abf

Enjoy the the fun with $POLIS Xmas Downhill!

https://polis.party/xmas/


Our business development manager Andreas set up a new proposal.

Please read the proposal here:
https://snapshot.org/#/polis-dao.eth/proposal/0x258a96aa56cf0f2aff44d76e38809d7df53c8ef9c967be6904fa29141e6df414