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POLAR is a token designed to help you earn passive income through staking, bonding, and noding. POLAR-node serves as a doorway to DeFi protocols chosen by the community, so you can collect staking revenue without having to rely on bridges or swaps. POLAR-nodes are also the mechanism behind high-yield daily rewards, supporting steady, long-term token growth.
To receive rebase rewards, stakers deposit their POLAR in the POLAR web app. These rebase rewards are funded by the proceeds from bond sales, and they may differ depending on how much POLAR is staked in the protocol and the reward rate determined by monetary policy.
Bonds let users purchase $POLAR from the protocol at a discount by exchanging it with (1) liquidity (LP tokens) or (2) other assets. Liquidity bonds use LP tokens, while bonds funded with other assets are known as reserve bonds. Bonds require about 15 epochs to vest, and $POLAR is distributed to the user in a linear schedule throughout that vesting window. Liquidity bonds support the protocol by accumulating and locking liquidity, whereas reserve bonds help expand the treasury and, in turn, speed up its RFV.
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