Polygon’s cutest Pokemon
Polyvee is the third generation deflationary yield farm. As Polygon network starts to gain traction, we are thrilled to kick start our project in this new environment.
Filled with various features, we will be launching our EEVEE token on 30th May. Below are the important details to take note:
Launch date: 30 May, 9 AM GMT+6 https://countingdownto.com/?c=3626673
Farming starts: 30 May, 10 PM GMT+6
Initial Price: $5
Initial Supply: 200
Token address: 0x61B6f33446B3FF29e83f08AF6e27c14BFABA7395
MasterChef: 0x55642E8Df0153010Df8415f0D2e6e4679A1D5d88
Timelock: 0x422EebD916D684F9B909C3Bb407f16e849A12984
Migrating to Polygon
In order to view the flow of funds in your accounts, on the Matic Network, you will need to configure Matic’s main net URL on Metamask.
To add Matic’s Mainnet, click on the Network selection dropdown and then click on “Custom RPC”.
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It will open up a form where you can write:
- Network name: Matic Mainnet
- New RPC URL: https://rpc-mainnet.maticvigil.com/
- Chain ID: 137
- Currency Symbol: MATIC
- Block Explorer URL: https://explorer.matic.network/
Now it should look like this
You need to ensure that you do not miss out on any of the above fields. Once you’ve written in the new Network field, click on “Save”. You will be directly switched to Matic’s Mainnet network.
Polygon network native token is MATIC which will be used as gas fee.
To top up your wallet, simply head over to these exchanges:
AscendEx: Link (MATIC, USDC) Fee ~2 MATIC
Aavegotchi: Link (GHST, USDC, DAI)
xPollinate: Link (DAI, USDC, USDT)
Features of Polyvee
Transfer Tax
To reduce the total supply, we will also be imposing a trade tax of 5% per transaction. This 5% will be split into 2 components, liquidity adding and burning to keep the overall supply low.
40% of the transfer tax will be burned automatically when performing a transaction. The remaining 60% will be converted into EEVEE-MATIC LP tokens, this way the liquidity of the EEVEE pools will improve, reducing the slippage movement.
Liquidity refers to how much money is there in the pool. To ensure a smooth swap such that one will enjoy a fair price, we will need to increase the liquidity of the pool.
This can be done with the traditional method of the LP tokens.
However, this may not be enough. Therefore, we have worked on automatic liquidity adding function to improve the slippage level while swapping.
This liquidity adding will part of the 5% transfer tax in every transaction.
Auto Emission Reduction
As the initial emission will be at 1 EEVEE per block, we understand the possibility of inflation.
To maintain the value of EEVEE, we have incorporated an automatic function that reduces the emission rate by 5% every 8 hours. This will continue until the emission rate reaches 0.1 EEVEE per block.
Anti Whale Features
In order to prevent instantaneous pumps and dumps by large holders, we have implemented an anti whale feature that will limit the maximum amount of EEVEE transacted.
This maximum amount is pegged to 1% of the total supply. Therefore, as the supply changes, the maximum amount of EEVEE that can be transacted in a single transaction differs.
Products
Farms
Polyvee will be offering the following Farms with its respective multipliers:
- EEVEE-USDC LP X40
- EEVEE-MATIC LP X35
- WMATIC-USDC LP X6
- USDT-USDC LP X6
- DAI-USDC LP X6
- QUICK-USDC LP X6
- WBTC-USDC LP X6
- WETH-USDC LP X6
- KRILL-USDC LP X6
Pools
Polyvee will be offering the following Pools with its respective multipliers:
- EEVEE X20
- WMATIC X4
- USDT X4
- DAI X4
- USDC X4
- QUICK X4
- WBTC X4
- WETH X4
- KRILL X4
- AAVE X4
- SUSHI X4
Safety
In Polyvee, we have removed the commonly abused migrator code and added timelocks for full transparency and security.
- The Migrator is often used by malicious developers/hackers to steal users’ funds.
- This is impossible on Polyvee, as the migration capability has been completely removed from our code.
- This protects users against a rugpull, as well as hackers exploiting the smart contract to invoke the migrator function.
- Lastly, ALL INITIAL LIQUIDITY WILL BE BURNT. This means that the team will have 0 EEVEE tokens as all of them will be burnt, making it impossible to rug.
Links
To reach out to us, simply follow us on our Twitter or join our Telegram group and you can speak to the developers and moderators! They will be there to answer all your burning questions
Telegram: https://t.me/polyvee
Twitter: https://twitter.com/PolyveeFinance
Gitbook: https://polyveefinance.gitbook.io/polyvee-finance/
As Polygon network may be new to some of you, we have compiled a list of useful information that can facilitate the migration into Polygon network.
Website link: https://www.polyveefinance.com/
Where to buy: https://quickswap.exchange/#/swap
Where to stake Farm: https://www.polyveefinance.com/farms
Where to stake Pool: https://www.polyveefinance.com/pools
Charting Link: https://quickchart.app/
Where to provide liquidity: https://quickswap.exchange/#/pool
