Polymesh POLYX

 

Polymesh POLYX

• Polymesh POLYX was built to support regulated assets on the blockchain in the form of securities tokens. Unlike many blockchains, which have anonymity, censorship resistance, and transparency as their main values, Polymesh makes governance, ID, and compliance the main values of the chain. POLYX tokens are native tokens of the Polymesh blockchain, providing functions such as governance and staking.

 

 

UP-BIT

 

 

First issue	Unprovided	Total issue limit	Unprovided
market capitalization		Current Distribution
As of June 05, 2024 (Courtesy of Coin Market Cap)	529.36 billion won	As of June 05, 2024 (Courtesy of Coin Market Cap)	852,150,859
As of June 05, 2024 (Courtesy of CoinGecko)	666.9 billion won	As of June 05, 2024 (Courtesy of CoinGecko)	1,057,397,981

 

 

Polymesh Features

1. Polymesh is a licensed blockchain that anyone can run a regular node, but only licensed financial entities can act as node operators in charge of creating new blocks.
2. By adopting a Nominated Proof-of-Stake (NPoS) block consensus, PolyMash is building an economic incentive for node drivers and POLYX stakers to work toward the growth of the chain.

 

Polymesh Vision

• Tokenizing securities has the advantage of strengthening the efficiency and transparency of the securities market, which is the source of the growth potential of securities-type tokens. Polymesh is a blockchain built to tokenize and use securities, and the growth of the securities-type token market is expected to have a positive impact on the expansion of the usability of the polymesh blockchain.