Polis Project Weekly Updates 07/15 to 07/21

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Polis Protocol.

Index Funds and Vaults.

The DAO team has decided to put the DAO funds in to our Vaults. The DAO wants to support the products and the community with this step.

As you may know our Vaults are taking a fraction of the fees to create an insurance fund for the invested assets which is still a unique thing out there in this DeFi landscape. Another part of the profits is going to buy back POLIS from the market to burn them. This will put a constant buy pressure on the POLIS token and help to stabilize the price.

In the next few weeks we will release a BETA version of the Index Funds, the team is still working on the front end and also the Polis Maxi Vault is getting in shape to get released as a BETA version.

There are some tiny issues we are working on with the voting power of your Polis. When you use the Polis Maxi Vault your voting power will be delegated to the creator of the Vault but we are looking in to solutions how we can handle this in future.

If you want to support Polis by using our Vaults you can find them here:

Binance Smart Chain Vaults

Polis Protocol

Polygon Vaults

Polis Protocol

PolisPay

The Kindynos team has made it possible to purchase gift cards with BSC token like BNB, BUSD and CAKE. There are a lot of different gift cards for more than 60 countries already and we are still expanding.

Here’s is an example, made by our DAO Manager Hans, how you can buy gift cards wih CAKE token to fill up Gas for your car.

A part of the fee for the gift card purchases in BNB, BUSD and CAKE will be swapped to POLIS and be burned. This will increase the buy pressure of the POLIS token and help to stabilize the price. This burning feature will start rolling out in the upcoming weeks and the Kindynos team will keep the community updated on the amount of burned assets.

We want to encourage all of you to test this new feature, to make some screenshots and to make some noise on social media about it that we get some attention. Thank you in advance.

The team is preparing a new update for our Polispay app which will remove the Shift feature and they are working on the implementation of Pancakeswap in to the app. The implementation will take some additional time and we don’t expect it to be included in the next update.

Polispay App:

Home – PolisPay Wallet

Community Management and Outreach.

DAO Management

We have been receiving many questions and comments directed to our managers!

It has been exciting to see the participation from our community, that is why we want to provide a way for you to access them directly and specifically, depending the department you wish to approach.

DAO Technology Manager.
Luis Correa — [email protected]

DAO Marketing Manager.
Maria Sidorova — [email protected]

DAO Adoption Manager.
Hans Looman— [email protected]

DAO Community Manager.
Marc Rapf — [email protected]

DAO Business Manager.
Andreas Meyer — [email protected]

From everyone in our team we would like to sincerely thank you for your constant support.

If you have any questions, don’t hesitate to ask.

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