Polaris Finance DEX
  • 📃About Polaris Finance
  • 1️Polaris Finance Phase 1 (Seigniorage)
    • Phase 1 FAQ
    • Token Genesis Pools & Launches + FAQs
      • POLAR Gen. & Launch
      • LUNAR Gen. & Launch
      • TRIPOLAR Gen. & Launch
      • ETHERNAL Gen. & Launch
      • ORBITAL Gen. & Launch
      • USP Gen. & Launch
      • BINARIS Gen. & Launch
    • SUNRISE and Earn
    • SUNRISE Expansions
    • BONDs Mechanism
    • Pegged Assets
    • BOND Assets
    • DAO Fund
    • Contracts & Wallets
  • 2️Polaris Finance Phase 2 (DEX)
    • Phase 2 FAQ
    • Overview
    • How it works
    • xPOLAR
    • veXPOLAR
      • Overview
      • veXPOLAR FAQ
    • Pools
      • Weighted Pools
      • Stable Pools
      • MetaStable Pools
    • Fees
    • Maths
      • Weighted Math
      • Stable Math
  • 🆘GUIDES
    • Moving between Aurora and Telos
    • Moving Assets and Liquidity to the new PolarisDEX
    • Moving from Solana to Aurora
    • Moving from EVM to Aurora
    • How to provide liquidity
  • 💡References
    • Dictionary
    • Polaris Finance Audit
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On this page
  • Genesis Pools has ENDED!
  • Earn and SUNRISE launch
  • $USP TOKEN FAQ
  • 1. What is $USP?
  • 2. Wen genesis, Wen launch?!
  • 3. If $USP is another pegged token, will there be another token like $SPOLAR for it?
  1. Polaris Finance Phase 1 (Seigniorage)
  2. Token Genesis Pools & Launches + FAQs

USP Gen. & Launch

Everything about Genesis Pools & Launch for $USP

Genesis Pools has ENDED!

Genesis pools will start earning rewards on 25.06.2022 14:00 UTC. In the first 24hrs of launch 100.000 $USP tokens will be released to pool stakers. Pools for $USP Genesis > $USDC, $USDT, $USN, $SPOLAR, SPOLAR/NEAR LP, POLAR/NEAR LP, ETHERNAL/ETH LP, ORBITAL/wBTC, POLAR/stNEAR LP and TRIPOLAR/TRI LP. These pools will be up for the whole 24hrs. Allocations were calculated based on TVL in each pool before start of the Genesis >

  • USDC > 30% Allocation

  • USDT > 10% Allocation

  • USN > 10% Allocation

  • SPOLAR > 25% Allocation

  • SPOLAR/NEAR LP > 8% Allocation

  • POLAR/NEAR LP > 5.5% Allocation

  • ETHERNAL/ETH LP > 7.2% Allocation

  • ORBITAL/wBTC LP > 3.5% Allocation

  • POLAR/stNEAR > 0.6% Allocation

  • TRIPOLAR/TRI > 0.2% Allocation

There will be 1% deposit fee on USDC, USDT and USN pool, all the other pools WON'T have deposit fee. Deposit fee will go into the Protocol DAO, because our community demanded some anti-whale system for this Genesis. Every $ from deposit fee given to DAO will be used to build protocol owned liquidity for USDC/USN LP pool, we will not take a single penny!

Pools: USDC, USDT, USN, SPOLAR, SPOLAR/NEAR LP, POLAR/NEAR LP, ETHERNAL/ETH LP, ORBITAL/wBTC, POLAR/stNEAR, TRIPOLAR/xTRI LP

Total USP tokens: 100.000

Earn and SUNRISE launch

New pool USDC/USP LP will be added to Earn on 25.06.2022 16:00 UTC and you can start making USDC/USP LP in Earn to earn $SPOLAR and stake $SPOLAR in SUNRISE to earn $POLAR, $ETHERNAL, $ORBITAL, $USP or $TRIPOLAR.

$USP TOKEN FAQ

1. What is $USP?

$USP is another algo. token which is going to be part of our Polaris Finance ecosystem. It will be pegged to 1 $USDC on Aurora blockchain and the concept is very same as other pegged assets.

2. Wen genesis, Wen launch?!

Genesis pools will open on 25.06.2022 14:00 UTC and USDC/USP LP will start 25.06.2022 16:00 UTC. Sunrise for $USP will launch on 26.06.2022 14:00 UTC. Polaris team will seed initial liquidity for USDC/USP LP.

3. If $USP is another pegged token, will there be another token like $SPOLAR for it?

NO! Everything remains the same and that means we will just add $USP Sunrise where you can stake your $SPOLAR to farm $USP.

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Last updated 2 years ago

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