Polymesh is a public permissioned, institutional-grade layer one blockchain secured by nominated proof-of-stake (NPoS).
Token holders nominate reputable node operators, who author and vote on new blocks. Only known, licensed and/or regulated financial entities can run operator nodes.
It’s a combination that provides institutions the transparency and finality they need for tokenization, without sacrificing decentralization.
Learn more about public permissioned
POLYX is the native utility token of the Polymesh blockchain. It's used to pay for transactions, power on-chain governance, and secure the network through staking.
Learn more about POLYX
Polymesh doesn’t rely on traditional token standards like ERC20 or ERC1400. Instead, it takes a unique approach, incorporating token functionality into the chain at the protocol level.
- For custodians and institutional users, there’s no need to audit or manage smart contracts for each asset. All tokens inherit built-in compliance and settlement features for safer, efficient custody.
- For developers, there’s no need to write or deploy a smart contract to launch a token. Tokens can be issued natively via Polymesh’s SDK or APIs, to be governed by standardized, chain-level logic.
Polymesh draws inspiration from ERC1400 but expands on it by embedding key financial features into the base layer, ensuring tokens meet real world regulatory requirements out-of-the-box.
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