POLYXscan is for POLYX investors and the Polymesh ecosystem.
POLYX is the utility token of Polymesh. Polymesh was created by Polymath (the company) in 2019. Polymesh is a PoS blockchain purpose-built to create and manage RWA (Real World Assets).
There are a total of 0 POLYX and every POLYX is in circulation (no future unlock). The annual POLYX inflation is .... Inflation is capped at 140M POLYX per year (now at NaN POLYX). Inflation will go down over time and staking rewards too. Staking rewards APR is now at an average of ....
To "secure" the blockchain, every Polymesh transaction is "validated" by one of 0 validator nodes (currently there are 0 validator entities); every validator must be a licenced financial company in its jurisdiction.
Why Polymesh?
Because there is a Decentralized Identity (DID) layer built into Polymesh. To remain compliant with securities laws in any jurisdiction, there is no need to develop or maintain smart contracts to create and manage RWAs on Polymesh. It is possible to refuse a transaction and it is possible to hide transactions with Zero-Knowledge Proof (ZKP) encryption (P-DART: Decentralized Anonymous and Regulation-friendly Tokenization).
Who is using Polymesh?
A great example is REtokens; with their end-to-end platform services and their Capital broker-dealer capabilities, they have created a complete ecosystem for tokenized real estate using Polymesh.
POLYX needed at every step?
Investors stake POLYX with validator nodes, "secure" the blockchain, and receive staking rewards.
Validators "validate" transactions, "secure" the blockchain, and are rewarded with a commission percentage on staking rewards.
Issuers can tokenize RWAs and manage them on Polymesh, use the technology and pay fees in POLYX for every transaction.
Polymesh Labs is responsible for developing and growing the Polymesh ecosystem and technology.
And there are dozens of partners for custody, identity, issuance, advisory, secondary trading...