Polis is a community-driven, smart chain, focused on creating technology to start accepting cryptocurrencies easily and securely.
What is Polis? Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. As the Polis Chain is EVM-compatible, meaning it is capable of executing smart contract code, executing this type of code requires the executor to pay some fees, which are tightly related to the code being executed, this fee can also only be covered in Polis.
DAO A DAO is a Decentralized Autonomous Organization or a corporation without a central authority that can be governed by a multi-party of authorized members chosen by a bigger community. Throughout the years, several DAO and governance attempts have been made since cryptocurrencies started.There 5 DAO Managers, they are elected in a decentralized way and cover the following areas: Technology, Marketing, Business, Adoption, and Communication, to support and drive the different areas on behalf of the community.Read More