POLK is the utility token of the Polkamarkets Protocol. POLK ensures the security, resolution and curation of prediction markets on Polkamarkets. It enables the decentralization of the Protocol, making it impractical for a single entity to control the markets.
There are, and will only ever be, 100,000,000 POLK (100 million) tokens.
As of November 2022, all tokens have been distributed and unlocked.
POLK’s TGE (Token Genesis Event) was held on Feb 20, 2021.
- Liquidity Fund (Ops) - General Operations, Exchanges Liquidity, Payments, and acquisitions of relevant software — these (either in $POLK or liquidated currency) work as direct revenue for the project to implement in the previous sections
- Marketing, Ops & Rewards - Marketing, Payments, Partners, General Operations, and Protocol Rewards — these (either in $POLK or liquidated currency) work as direct revenue for the project to implement in the previous sections
- Foundational Tokens - Direct Revenue for Polkamakets Labs, general indiscretionary use & payments
IMPORTANT DISCLAIMER Before interacting with the Polkamarkets Protocol, you must read the Risk Disclosure. Some services described in this documentation website are provided by Polkamarkets Labs. Those services and the POLK Token (POLK) are not available in Excluded Jurisdictions and are subject to Terms & Conditions. $POLK is a utility token that grants access to some of the Services, as described in this documentation. $POLK is not intended to constitute securities of any form, units in a business trust, units in a collective investment scheme, capital markets product, or any other form of regulated product or investment in any jurisdiction. The Terms & Conditions or any other document available with information about $POLK on the Website do not constitute a prospectus or an offer document of any sort and is not intended to constitute an offer of securities (“$POLK”). $POLK shall only be acquired and used with the purpose of using the Services, including Polkamarkets Labs products as well as Polkamarkets Protocol smart contracts - therefore to access its services, such as accessing the platform, LPs or managing disputes in the Polkamarkets Protocol or Polkamarkets Web App. No $POLK should be construed, interpreted, classified, or treated as enabling, or according to any opportunity to You to participate in or receive profits, income, or other payments or returns arising from or in connection with the vendor, the project, the tokens, or the proceeds of the token sale, or to receive sums paid out of such profits, income, or other payments or returns.