Can someone explain to me what POL is used for, what is it worth, and why would anyone want to give liquidity in exchange for that?


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1 Comment

  1. kucoin_moderator on 29. June 2020 at 7:11

    POL (Proof Of Liquidity) is a decentralized token issued by the Pool-X exchange based on TRON’s TRC20 protocol. POL plays a substantial role in the Pool-X ecosystem, POL bridges between tokens that are staked and those in circulation, paying with which allows the users to obtain instant liquidity even when the crypto assets are still in staking. POL is an incentive for participants who contribute to the balancing of market volatility and ecological governance, as well as the fuel for extracting Pool-X system resources.

    Kindly read this [post](https://bitcointalk.org/index.php?topic=5253491.0) to know more about Pool-X and POL.