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Polylastic Whitepaper
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Polylastic Whitepaper
POLX: An Aggregator of Elastic Synthetic Commodities
Polylastic
EFi: The Future of Money
Polkadot: The Future of the Internet
Polylastic: The Aggregator of the Future
Primer
Introduction
Elastic Explained
Synthetic Assets
The Polkalastic Proposition
Polylastic: An EFi Aggregator
Solutions
Rationales
Macroeconomics
Referential
Contract Goals and Logic
Primary Features
Taxation Structure
Aggregator Staking
Staking Math
Geysers
Oracles
Form and Function
The Aggregator
Staking Application
Dashboard & Data
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Aggregator Staking
Polylastic features a two-tier staking model to reward participation. Stakers can delegate their stake to any project, signaling their support and increasing its weight. Through this design, POLX captures innovation, community sentiment and the pulse of the elastic finance space.
  • POLX - Direct token staking
  • POLX LP Tokens - Liquidity providers can stake their LP tokens and will be rewarded appropriately for their contributions to index health.
Through staking tokens, a project, or their community designates POLX tokens, to increase their weight. A larger weight suggests a stronger presence in the space in which the aggregator is designed to track.
In order to determine their weight, supporters of this token must begin staking Polylastic for a pre-determined period. At the end of this period, we will then assess their weight by the number of tokens staked vs. the other projects.
Normally, market cap would be the sole determinant of weight, however, we will deploy an additional measure to favor projects with strong community followings hence the “quadratic” influence.
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Taxation Structure
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Staking Math
Last modified 1yr ago
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