Thread by @PolarisFinance_

1/The Launch of our new DEX is $NEAR ;) Hopefully we will succeed to launch it before #NEARCON where we can discuss all the details face to face ;) Let's check some details in this thread @auroracommunit3

2/ The DEX is the combination of the best AMM @balancerlabs & seigniorage principle. The Goal? Still the same, bringing the liquidity (L1, L2, EVM, non-EVM assets) to @auroraisnear. Let's show to #crypto enthusiasts the power of @NEARProtocol & best EVM @auroraisnear

3/ The DAWN is going to be extended and will be divided to 3 parts. Seigniorage pools, single staking and classic pools. Seigniorage pools will have biggest allocation of $XPOLAR - the reward token, fee collector and part of the governance and vexPOLAR.

4/ Single Staking will be a little DEX's seigniorage helper, when pegged assets are facing too big sell pressure. Classic pools will include stable pool, as well as already presented assets on Aurora such as $NEAR, $ETH, $BTC, $AURORA and more to come.

5/ $SPOLAR has limited supply and will be fully minted in December and will stay the #onetorulethemAll to control expansion and inflation of pegged assets. => will mint more pegged assets when seigniorage assets are above its peg.

6/ $XPOLAR + $SPOLAR + $NEAR = vexPOLAR. with vexPOLAR you will be able to boost APRs on users pools, vexPOLAR will have biggest allocation in liquidity mining of upcoming new assets, governance voting and will be earning biggest part of DEX's fees.

7/ 20% of $XPOLAR will be airdropped and vested to Polaris investors. Snapshots for airdrop are being taken each and every day until 1. 12. 2022 and rewards will be linearly vested for 50 days. All details about the #airdrop can be found in announcements discord.com/invite/GCaeBJm…

8/ After launch of DEX, thanks to our cooperation with @Allbridge_io, we will bring $SOL to @auroraisnear. #Solana will be presented in both seigniorage and classic pools.

9/ Do not forget we are heading to #NEARCON so if there's anything you want to discuss or just hang out a bit, reach us on discord so we could plan a meeting. ;)

10/ Huge thanks to every single Polarian for staying with us. All the best to everyone helping us

@auroraisnear @auroracommunit3 @NEARProtocol @near_insider @NEAR_Blockchain @aurora_Insider @aurora_allabout @NearGuru_ @Nearity_org and many more. 💜