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Summary of Polis
- Polis is a community-driven, smart chain focused on easy and secure cryptocurrency adoption.
- Polis is the main asset on the Olympus Network, used for transaction fees and value transfer.
- The Polis Chain is EVM-compatible, executing smart contract code with fees payable in Polis.
- A DAO (Decentralized Autonomous Organization) governs Polis, with 5 elected managers covering Technology, Marketing, Business, Adoption, and Communication.
- No specific numbers or figures mentioned in the text.
- No case studies, anecdotes, or examples mentioned in the text.
About Polis: Empowering a Decentralized Future
Polis is a community-driven, decentralized smart chain, dedicated to developing innovative technology that facilitates seamless and secure cryptocurrency adoption.
What is Polis? Polis is the primary asset on the Olympus Network, facilitating the payment of transaction fees and enabling the transfer of value within the network. As the Polis Chain is EVM-compatible, thereby capable of executing smart contract code, the execution of such code necessitates the payment of fees, which are directly correlated to the code being executed, and can only be settled in Polis.
A DAO, or Decentralized Autonomous Organization, is a corporation devoid of central authority, governed by a multi-party of authorized members chosen by a broader community. Since the inception of cryptocurrencies, numerous DAO and governance attempts have been undertaken. The 5 DAO Managers, elected through a decentralized process, oversee the following key areas: Technology, Marketing, Business, Adoption, and Communication, thereby supporting and driving progress in these spheres on behalf of the community.