We are in the era of financing diversification. On one side, web2 corporations diversify their money into Web 3.0 startups, and at the same time, Web 3.0 investors diversify into crypto altcoins and Non-Fungible Token (NFTs). Nonetheless, sometimes we all feel the urge to invest in more projects. This could lead to over-dilution and goes against the Pareto financing principle. And, what is the solution? Indexes!
An index, in simยญpler terms, is a basยญket of assets that colยญlecยญtiveยญly keep track of the assetsโ perยญforยญmance. And, an innoยญvยญaยญtive index can proยญvide expoยญsure to โhigh-risk-high-gainโ assets while minยญiยญmizยญing the โrisks.โ Despite the fact that traยญdiยญtionยญal finance has many of indexยญes, Decenยญtralยญized Finance has litยญtle and Polyยญlasยญtic intends to close this gap. They are launchยญing their Polyยญlasยญtic Index on May 30th, 2023. Letโs disยญcovยญer more about Polyยญlasยญtic.
What Is Polyastic?
As the name sugยญgests, Polyยญlasยญtic is a layยญer 2 soluยญtion, built on Polyยญgon, that let users design their own perยญsonยญalยญized crypยญtocurยญrenยญcy portยญfoยญlio via their Index, the Polyยญlasยญtic (POLX) Index. With this index, you likeยญwise give an easy way to invest in crypยญtocurยญrenยญcy portยญfoยญlios for web2 financiers.
The project has a native crypยญto token, $POLX, that fuels the ecoยญlogยญiยญcal sysยญtem. Holdยญers of $POLX get govยญerยญnance rights and can choose the assets for the comยญmuยญniยญty-decidยญed index. On the othยญer hand, the best part? It is deflaยญtionยญary through periยญodยญic burnยญing. POLX was listยญed in BitยญMart.
Source: Twitter
What is the Polylastic Index?
Polyยญlasยญtic Index offers a holisยญtic overview of the crypยญtocurยญrenยญcy marยญket, enabling users to track the perยญforยญmance of digยญiยญtal assets across difยญferยญent secยญtors.
As of now, there are 3 indexยญes:
- Blue Chip Index
- Non-Funยญgiยญble Token (NFT) Gamยญing Index
- Comยญmuยญniยญty-Decidยญed Index
This implies that in the 1st one, you will find a comยญbiยญnaยญtion of projects with numerยญous probยญaยญble in the same index. The project sugยญgests it is planยญning to launch more indexยญes per the communityโs needs. You can read their litepaยญper here.
Advantages of Polylastic Index
The Polyยญlasยญtic Index proยญvides a simยญple financยญing soluยญtion to peoยญple with no priยญor expeยญriยญence in the digยญiยญtal curยญrenยญcy indusยญtry. Simยญiยญlarยญly, it offers:
- Availยญabilยญiยญty of numerยญous indexยญes.
- Strong crypยญto token utilยญiยญty.
- A comยญmuยญniยญty-decidยญed index that can evolve into a solยญid option for high gains.
- Earn pasยญsiveยญly.
- New indexยญes to ride the latยญest crypยญtocurยญrenยญcy narยญraยญtives and trends.
- Ecoยญnomยญiยญcal Non-Funยญgiยญble Token (NFT) index.
- Difยญferยญent indexยญes for difยญferยญent danยญger appetites.
- Presยญence of a DAO (decenยญtralยญized autonomous orgaยญniยญzaยญtion) with govยญerยญnance rights.
- Supยญport to portยญfoยญlio streamยญlines.
- Not exposยญing priยญvate keys to hackยญers.
What is Next for Polylastic?
The launch of the index is the most whole lot of achieveยญment in the roadmap.
The most noteยญworยญthy mileยญstones are:
- CEX listยญing.
- Mobile App or webยญsite.
- Artiยญfiยญcial Intelยญliยญgence (AI) inteยญgraยญtion.
- Tokยญenized stocks.
Each of the over phasยญes can conยญtribute to the overยญall expanยญsion of the Polyยญlasยญtic ecosysยญtem. Since most investors preยญfer a mobile-friendยญly financยญing ecoยญlogยญiยญcal sysยญtem, it is comยญmendยญable that the Polyยญlasยญtic team has that in plans.
Polylastic is Backed by an Experience Team
Polylasticโs team and adviยญsors have a very imporยญtant expeยญriยญence in critยญiยญcal fields like marยญketยญing, stratยญeยญgy, busiยญness develยญopยญment, and Web 3.0 techยญnolยญoยญgy. Theyโve parยญticยญiยญpatยญed in corยญpoยญraยญtions like Bank of Amerยญiยญca, Credยญit Suisse, Cerยญtik, Chainยญlink, and Polyยญgon.
Conclusion
Whether investors seek Decenยญtralยญized Finance and Non-Funยญgiยญble Token (NFT) expoยญsure, or portยญfoยญlio diverยญsiยญfiยญcaยญtion, the Polyยญlasยญtic Index is a great tool to conยญsidยญer. It ticks all the right boxยญes regardยญing the roadmap, offerยญings, and user expeยญriยญence. Want to learn more? Join Polyยญlasยญtic Socials here: Twitยญter, Disยญcord.
