Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. As the Polis Chain is EVM-compatible, meaning it is capable of executing smart contract code, executing this type of code requires the executor to pay some fees, which are tightly related to the code being executed, this fee can also only be covered in Polis.
DAO
A DAO is a Decentralized Autonomous Organization or a corporation without a central authority that can be governed by a multi-party of authorized members chosen by a bigger community. Throughout the years, several DAO and governance attempts have been made since cryptocurrencies started.There 5 DAO Managers, they are elected in a decentralized way and cover the following areas: Technology, Marketing, Business, Adoption, and Communication, to support and drive the different areas on behalf of the community.
How to Buy POLIS on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing POLIS. Some reputable platforms include LBNK, Okx, Kraken, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing POLIS.
Step 5: Purchase POLIS
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of POLIS you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy POLIS.
Step 6: Store Your POLIS
After purchasing, you can choose to store your POLIS in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and POLIS assets, be sure to use a strong password and enable two-factor authentication.
POLIS Price:Star Atlas is a next-gen gaming metaverse emerging from the confluence of state of the art blockchain, real-time graphics, multiplayer video game, and decentralized financial technologies.The price fluctuates daily, and as of first half of 2024, the highest price for POLIS was $19.23
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