Goal of Polarfox
Build an independent ecosystem of fully decentralized and open-source apps on the Avalanche blockchain.
PFX is the native governance token of the Polarfox ecosystem and will be used as the primary source of liquidity around the platform.
Created on Avalanche
Avalanche is a comprehensive, decentralized network of blockchains with both very cheap and extremely fast transactions.
The PFX token is at the center of the Polarfox ecosystem. Find out more about PFX below.Read more
The PFX tokenomics are designed to provide a long-term increase in value while rewarding liquidity providers with even more PFX and AVAX gains.
PFX funds the Polarfox ecosystem, initially with a percentage of the token supply, and then with a dev fee on each PFX transaction.
On every transaction involving PFX, 3% of the transferred PFX amount is converted to AVAX and distributed among liquidity providers.
3% of the total supply will be given to the governance for use over a time period of sixteen years.
The launch of Polarfox is one step in our journey towards realizing a fully decentralized ecosystem. More projects are underway to reinforce our vision.