The Polyastic (POLX) index aims to track the performance of tokens within the evolving Elastic Finance industry (EFi). Our index will include elastic cryptocurrencies, seigniorage tokens, algorithmic stable coins, cash systems, and everything that happens next. This index is weighted based on the community support value measured by the number of stakeholders and the market value of tokens.The POLX token is a deflationary fee token used for governance and weighting indices based on delegated shares. As the index performs and earns fees from growth, 100% of the revenue will be used to purchase tokens in the open market and permanently remove them from the total supply. With the development of EFi space, POLX tokens have become increasingly scarce.
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