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Polymesh is an institutional-grade permissioned blockchain designed for regulated assets. It modernizes outdated procedures and helps enable new financial instruments by addressing issues in public infrastructure related to governance, identity, compliance, confidentiality, and settlement. POLYX serves as the native protocol token for Polymesh: it is used for staking to secure the network, covers transaction costs, and supports governance participation.
POLYX also facilitates the creation and administration of security tokens, encourages POLYX holder involvement through governance, and strengthens the chain via staking. When these elements are combined, an ecosystem forms on Polymesh with POLYX at its core.
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