Entering 4th Year, Police Focuses on Decentralized Finance Opportunities

The Police project turns four years old, offering a much-needed alternative to high transaction fees and slow network blocks. A promising service at the heart of the police ecosystem, PolisPay will bring advanced technology to payment systems by making it easy to buy, sell, store or purchase gift cards of cryptocurrencies. The police ecosystem continues to grow at a rapid pace and will take over the decentralized finance space from now on.

The platform offers many products

Police have achieved numerous milestones in the past years. The project has come a long way and now offers many features, products and solutions. For example, the Police ecosystem includes hardware wallet support and allows users to exercise management rights, stake and unlock weekly rewards.

A side-chain such as Olympus Network, which provides lower gas fees and faster blocks, is evolving thanks to a growing variety of decentralized applications (DApps). Notable examples include Hades Swap, a community-focused DeFi hub, and Gnosis Safe, which provides a digital asset management solution and yield farming. The network is fully compatible with the MetaMask wallet accessible via browsers and mobile devices.

One of the upcoming features that you can look forward to is PolisPay. It acts as a wallet that provides a variety of crypto-related features, including trading and storing cryptocurrencies, purchasing gift cards, and replenishing mobile phone balances.

Another important milestone of the DeFi-focused project is the recent partnership with passport.meter.io. The Meter’s passport bridge connects the Olympus network to the Binance Smart Chain to facilitate DAI asset transfers between the two chains. Also, the partnership plays a crucial role in increasing liquidity on the Olympus Network and Hades Swap. Hades Swap currently offers a variety of liquidity pools and trading pairs. The police team is pursuing more listing and DApp development as well as more partnerships in the coming months to bring this ecosystem to the forefront of developers and crypto users.

about the police

Police is the main asset on Olympus Network. It allows users to pay transaction fees as well as transfer value stored in Polis within the network. Olympus is EVM compliant, meaning developers can build applications that leverage smart contract technology and migrate them across competitive networks like Ethereum.

The Police is managed by a decentralized autonomous organization (DAO) that elects five managers responsible for the operation and strategic vision of the project. Any member of the police community can vote for each of the positions, put forward and support specific proposals and help guide the future of the project.

At its core, Police has taken a community-driven approach to building new technology to foster widespread cryptocurrency and decentralized ledger adoption. For more information on how Polis uses their native Blockchain to develop DeFi, visit their website here.

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