Decentralized Finance
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An Analysis of PLMC Token and the Polimec Protocol: A New Paradigm for Decentralized Financing in the Polkadot Ecosystem
Polimec is a decentralized financing protocol built on the Polkadot ecosystem, designed to enable compliant fundraising for Web3 projects through on-chain credentials. Its native token, PLMC, is used for project evaluation, participation in fundraising, staking, and governance. Polimec launched in May 2024. The concept was proposed by KILT Protocol and driven by the Polimec Foundation, in partnership with Deloitte to ensure KYC/AML compliance. As of this writing, PLMC’s circulating supply is shown as zero, and market data is generally scarce or missing; users should exercise caution regarding its liquidity.
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An Analysis of PLMC Token and the Polimec Protocol: A New Paradigm for Decentralized Financing in the Polkadot Ecosystem
Polimec is a decentralized financing protocol built on the Polkadot ecosystem, designed to enable compliant fundraising for Web3 projects through on-chain credentials. Its native token, PLMC, is used for project evaluation, participation in fundraising, staking, and governance. Polimec launched in May 2024. The concept was proposed by KILT Protocol and driven by the Polimec Foundation, in partnership with Deloitte to ensure KYC/AML compliance. As of this writing, PLMC’s circulating supply is shown as zero, and market data is generally scarce or missing; users should exercise caution regarding its liquidity.
Decentralized Finance
24H Trending
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Despite suffering a margin call loss of $232,700, a Hyperliquid trader still holds 60.46 BTC in short positions
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The White House is urging Senate Democrats to accept the agreement on the ethical provisions of the Clarity Act regarding cryptocurrency
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Approximately $120 million; Multicoin Capital Uncollateralized 1.96 Million HYPE Tokens
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MEXC Launches TAO Staking and Integrates the Yuma Validator
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Without the need for additional keys, the Venice API supports access to on-chain data from Base, Solana, and Robinhood Chain.
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BlackRock withdrew 1,789.65 BTC from Coinbase Prime, worth approximately $119 million
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Company to Close; Satsuma Technology Shareholders Vote to Sell All 668 Remaining BTC
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Falcon Finance Launches the USDf Card, Available in Over 90 Jurisdictions
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Ethereum EIP-8222 Aims to Enhance Validator Privacy; Institutional Staking Faces a Trade-off Between Cost and Compliance
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The U.S. Congress is holding bipartisan discussions on ethics issues related to cryptocurrency, and provisions regarding DeFi are also under negotiation.
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