Polycat Finance

The platform offers features to the users that fulfill their needs of the users. Polycat Finance utilizes the AMM platform o facilitate decentralized cryptocurrencytrading. AMM is a decentralized exchange protocol based on an autonomous trading mechanism. AMM offers swapping capability provides better value via lower fees, better partnerships, and a structure to create an ecosystem. The yielding strategies of the platform ensure that users get bets rates on the crypto assets. Users can stake the preferred token pair and yield PAW token and swap fees. The platform also ensures the users' security, so the migrator functions are removed to avoid rug pulls, new codes are audited by multiple smart contractreviewers. Rug pullhappens when suddenly a development team abandons the project after a great value gets allocated to a fake Defi or crypto project.

The platform operates with two official tokens: FISH and PAW. The users can acquire PAW tokensby stakingthe CAT-LP tokens. The PAW rewards harvested from the farms can be vested linearly in thirty days. On the other hand, users who stake the FISH token can participate in the ecosystem's governance. The holders are entitled to propose and elect the changes and determine how the platform can function on an ongoing basis.

The Polycat Finance platform was officially launched in May 2021. The maximum supply of FISH tokens is 3,000,000, whereas the PAW token has an infinite supply. As the roadmap suggests, the platform launched the website on April 30, 2021. During May and June 2021, the platform launched farming, yield aggregator, and IFO. During Q3, 2021, the platform launched Automated Market Maker (AMM), initiated the governance, and launched a liquidity incentives program. Later, in Q4, 2021, the platform expanded the core team for scalability and made developments in the vault.