Polynetica presale nears completion, DEX listing on Horizon

Polynetica, a SocialFi platform on Polygon, is nearing the end of its presale phase
Advertorial
Posted by Advertorial January 24, 2025 4 Mins Read
Polynetica, a SocialFi platform on Polygon, is nearing the end of its presale phase

Polynetica, a SocialFi platform on Polygon, is nearing the end of its presale phase. The project has garnered significant interest during this period, with strong demand for its POLLY token. Upon completion of the presale, Polynetica will proceed with listing its token on decentralized exchanges. This will allow for wider distribution and trading of POLLY, facilitating the growth of the Polynetica ecosystem.

Background

Polynetica is a cutting-edge SocialFi platform built on the Polygon network that empowers users to create and monetize their own communities through innovative features such as Social Mining, Staking rewards, and Energy NFTs. This comprehensive review delves into the platform's unique offerings and earning mechanisms, providing valuable insights for potential users.

Polynetica Notable Milestones

  • The POLLY token price has skyrocketed by an astounding 1500%.
  • Over 6,500 holders and counting.
  • A growing community of 60,000 members strong.
  • Over ~552,000 POL processed by the smart contract.
  • 30,000+ members in the Galxe community.

POLLY Token

The POLLY token constitutes the cornerstone of the Polynetica protocol. It functions as the community token, distributed to incentivise active participation within the ecosystem. The token's total supply comprises 100 billion tokens.

Earnings Mechanisms

Polynetica's Reward System comprises three distinct earning streams:

  • Social Mining Reward (POL): Users receive rewards for successfully inviting and onboarding new participants, as well as managing their teams.
  • Energy Reward (POLLY): Claiming Energy NFTs grants passive income for a specified period.
  • Staking Reward (POLLY): Staking POLLY tokens yields additional rewards.

Social Mining: Rewarding User Engagement and Community Growth

Polynetica's Social Mining programs offer a unique opportunity for users to earn rewards for contributing to the growth and engagement of the platform. Through a referral system, users can invite new members and earn POL tokens as their team activates new levels. This innovative approach incentivizes user engagement and fosters community expansion.

Each user within the Polynetica ecosystem is assigned a distinct Polynetica ID and a personalized partner link. Upon registering via a specific partner link, a new community member establishes a permanent partnership with that user. New users integrate into the existing network upon registration. Each level activation within the structure triggers an immediate reward for the new user’s upline partner.

DUO and QUATTRO Programs

Polynetica offers two distinct Social Mining programs, DUO and QUATTRO, each with its own unique earning structure. DUO features two-place levels with a 200% profit potential, while QUATTRO offers six-place levels with a 300% profit potential. These programs provide users with flexibility and choice in their earning strategies. The larger and more active the team, the greater the passive income potential.

Polynetica's Social Mining rewards are designed to provide users with maximum convenience and security. Unlike traditional platforms where rewards may be stored on the platform and require manual withdrawal, Polynetica sends all rewards directly to users' private wallets. This eliminates the need for withdrawal requests and ensures that users have immediate access to their earnings.

Level Activation Fees in Polynetica Social Mining

Polynetica Social Mining programs utilize a tiered level activation structure, requiring a one-time fee to unlock each level. This fee serves as a contribution to the Polynetica ecosystem's growth and sustainability. The collected fees are strategically allocated to support various initiatives:

  • Funding the development fund to foster ongoing innovation and enhancements.
  • Facilitating the buyback and distribution of POLLY tokens to the Staking Reward Pool and Energy Rewards, incentivizing long-term token holding and rewarding active participation.
  • Financing community raffles and other initiatives that engage and empower the Polynetica community.

Experience System (XP) and Account Rank

Polynetica has implemented an Experience System (XP) and Account Rank system to reward users for their contributions to the platform. Users earn XP by completing onboarding tasks, inviting partners, activating levels, and earning income. The user's Account Rank increases as they accumulate XP. The higher the user's rank, the greater the bonus they receive. This incentivizes users to actively participate in the platform and contribute to its growth.

Staking Rewards: Passive Income for POLLY Holders

In addition to Social Mining, Polynetica users can earn staking rewards by locking up their POLLY tokens for a predetermined period. Users can choose the amount and duration of their stake, and in return, receive stPOLLY tokens representing their staked balance. The platform offers flexible staking options with varying terms and APY rates, providing users with the ability to customize their earning potential.

Energy NFTs: Passive Income through Level Activation

Polynetica's Energy NFTs add another layer of earning potential to the platform. By activating new levels in Social Mining, users receive unique Energy NFTs that entitle them to passive income in POLLY for seven days. A total of 30 levels and corresponding NFTs exist. To receive rewards, users must maintain a specified balance of POLLY, stPOLLY, or a combination thereof. The value of these rewards varies depending on the type of NFT, offering users an additional incentive for active participation.

Project Development Timeline

The presale phase has concluded successfully, with the completion of all five tiers. Each tier offered predetermined pricing and token allocation. Subsequent to the tiered presale, a general presale was conducted via the project's website, allowing unrestricted token purchases.

Upcoming Milestones:

  • Transfer Release: Removal of token transfer restrictions.
  • DEX Listing: Token listing on a decentralized exchange.
  • Staking Launch: Implementation of staking functionality.
  • Token Burn: Unsold tokens will be permanently removed from circulation to enhance token value.
  • External Listings: Token listing on reputable data aggregators.
  • Social Mining Programs Launch: Introduction of DUO and QUATTRO.

Conclusion

Polynetica is a revolutionary SocialFi platform that combines community-driven growth, passive income opportunities, and innovative reward mechanisms. Its Social Mining, Staking, and Energy NFT features offer users a comprehensive ecosystem for earning rewards and monetizing their social engagement. By fostering user participation and rewarding community contributions, Polynetica is poised to play a significant role in the future of DeFi.

Explore the Polynetica Community on Social Media

Follow the official channels to stay abreast of the latest developments and gain insights into the project's roadmap and future plans.

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