Question 1

What is POLS, and what are its main uses?

Accepted Answer

POLS is the native token of the Polkastarter ecosystem. Official documentation describes its primary use as building POLS Power, which affects a user's chances of being allowlisted for IDO and NFT sales; the website also presents holding, trading, and rewards uses in its on-chain collectibles marketplace. POLS's disclosed uses are therefore connected to platform participation and related product functions. Holding POLS does not automatically grant tokens from a given IDO project or a fixed allocation: users must still apply for each specific project and complete the subsequent process under that sale's selection and participation conditions.

Question 2

How is POLS Power built, and how does it affect IDO selection chances?

Accepted Answer

POLS Power is an eligibility metric used to influence a user's chance of being selected for an IDO allowlist; it is not a redeemable token balance or a guaranteed allocation. The sequence is: a user first builds eligible POLS Power, then applies for a particular project; the system converts that eligibility into selection chances under the application rules, and allowlist addresses are finally selected at random from the applicant addresses. Higher POLS Power generally means more chances or a higher weight for an individual chance, but random selection can still leave a high-Power address unselected. The paths listed in official materials include holding or staking POLS; the current website also lists providing liquidity for the ETH/POLS or BNB/POLS pairs. The documentation says POLS in a wallet must be held continuously for at least 7 days before it counts toward Power; staking grants immediate eligibility to apply for open and future IDOs, but staked tokens are locked on-chain for 7 days before withdrawal. In other words, “immediate” for staking refers to gaining application eligibility, not to being able to retrieve tokens immediately. Specific Power tiers, the number associated with each ticket, and eligibility conditions for each sale may change with product versions and project rules. Users should rely on the current rules displayed on the application page rather than treating a fixed ticket count on a historical page as a permanent parameter.

Question 3

Does applying for a Polkastarter IDO spend POLS, and does allowlist selection guarantee an allocation?

Accepted Answer

Applying for an IDO allowlist does not itself spend POLS: a POLS holding or Power is used to generate application chances, rather than being paid or burned as a fee when an application is submitted. If POLS has been staked, it remains staked and is subject to the 7-day on-chain lock before withdrawal; that is separate from the fact that “applying does not consume POLS.” In the process, a user first applies to an open project, after which the allowlist randomly selects from applicant addresses. Receiving allowlist status only means entering the eligibility path for that sale; it does not automatically mean the project tokens have been purchased. Whether participation can actually be completed also depends on meeting that sale's eligibility, timing, and purchase conditions. The official dashboard explicitly states that the displayed probability is only an average calculated from recent IDOs, not a guarantee.

Question 4

What are POLS's supply, early sales, and unlock arrangements?

Accepted Answer

POLS has a maximum supply of 100 million tokens, but maximum supply does not mean that all tokens entered circulation at launch. Official tokenomics materials record an initial circulating supply of 17.875 million tokens when the token launched on September 29, 2020; early sales sold 42.5 million tokens in total, or 42.5% of total supply. Therefore, understanding the early tradable supply requires considering the total amount, the sold share, and the unlock schedule for each category together. Under the early release schedule, the seed round unlocked 20% before listing, followed by 10% per month for 8 consecutive months; the private round unlocked 25% before listing, followed by 25% per month for 3 consecutive months. The liquidity allocation unlocked 22.22% before listing, then 8.88% per month for 5 months, then 6.67% in one month, then 4.44% per month for 6 months; the marketing allocation unlocked 20% before listing, then 6.67% per month for 12 consecutive months. Team, advisor, and foundation tokens were locked for at least 1 year at that time. These figures describe the distribution and unlock design at launch, not the actual sellable balance of an address at any point in time. To assess supply changes after launch, historical unlock arrangements, actual address holdings, and balances available for market trading should be distinguished; the 100 million-token maximum supply must not be treated directly as the circulating supply at launch.

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