As an asset, POLIS serves as a low-velocity, long-term store-of-value that incentivizes governance of the ATLAS economy for its long-term growth. It is the governance token used at each level of governance, representing financial stake in the game, voting power in the DAOs where it is staked, and control of the Treasury.
The total supply of POLIS is fixed at 360,000,000 and follows a steady curve over an 8-year period. It is important to keep track of the total circulating supply of POLIS and understand how it relates to its fiat value, such as its value in USD, over time.
We closely monitor the daily POLIS trading activity across all Solana DEXs, categorizing exchanges as either 'Sell' (POLIS for other assets) or 'Buy' (other assets for POLIS). Additionally, we track the number of unique wallet addresses and transactions to gain a comprehensive understanding of the POLIS trading activity and trends in the market.
Locking POLIS tokens not only provides users with great rewards but also gives them voting power on proposals, which is an upcoming feature for the DAO. We continuously monitor the amount of POLIS locked by players, as well as its value in USD. This chart shows the time series of locked POLIS expressed in USD value, which can be useful to understand the trends in locked POLIS and its value over time.
By analyzing the daily percentage of POLIS locked by players using historical data, we can track the growth over time. We use a regression line, also known as the line of best fit, to identify the overall trend. A downward sloping line would indicate a downtrend and an upward sloping line would indicate an uptrend. Additionally, we use time series forecasting to predict growth for the next 7 days. As we gather more historical data, these predictions become more accurate and help us anticipate changes in player behavior. The shaded area around the forecast represents a 95% confidence interval. This provides a useful insight into the trends of locked POLIS and can help prepare for any swings in player behavior.
The primary utility of the POLIS token is to express political rights within the Star Atlas metaverse. Players who lock their tokens within the DAO Framework to earn rewards in more POLIS also gain the ability to vote on proposals that shape the political governance of the metaverse. The weight of a player's vote, called "PVP" (POLIS Voting Power), is determined not only by the quantity of POLIS held but also by the amount of time it is locked.
The POLIS Locker allows players to lock their tokens for varying periods of time, resulting in a PVP multiplier in the Star Atlas DAO. This means that community members who are focused on the long-term have more influence than short-term participants, even if they are locking the same number of POLIS.
Based on the duration of time a player locks POLIS in the locker, a PVP Multiplier is applied. The shortest multiplier is 0.08x for players who choose to lock for 2 weeks, while the maximum PVP multiplier is 10x and is awarded to players who lock for a 5-year period. It's important to note that the PVP multiplier decreases linearly as the unlock date approaches, so unless a player chooses to renew, the multiplier will decrease each day.
By analyzing the total amount of locked POLIS and the total PVP, we can calculate the average PVP multiplier for the entire community and track its trend over time. We use a linear regression (Dotted line) to monitor this trend and also apply a time series forecasting model to predict any future changes in the PVP multiplier (Thin blue line). This helps us to understand the impact of different locking periods on the voting power of the community and anticipate any shifts in community behavior.
A total of 127,800,000 POLIS have been allocated for POLIS locking rewards over the next 8 years, and are distributed on a daily basis. The rewards are distributed at midnight, based on a player's share of the total POLIS Voting Power from the previous day. The emissions started on August 2, 2022, with 51,121.27 POLIS tokens and will end on August 1, 2030, with the final 31,006.62 POLIS tokens being awarded.
It's important to monitor these rewards as they provide an incentive for players to lock their tokens and participate in governance, which in turn can lead to a more engaged community and a more robust decision-making process. Additionally, it also helps to understand the effect of these rewards on the circulating supply of POLIS and its value over time.
This chart illustrates the daily exchange of POLIS and ATLAS in the Star Atlas economy. It shows the net flow of POLIS, calculated by subtracting the daily outflow (POLIS converted to ATLAS) from the inflow (ATLAS converted to POLIS). Positive values indicate net inflow of POLIS, while negative values indicate net outflow. The chart also highlights any data anomalies, or instances where the data deviates from the expected range. By tracking the exchange rate between POLIS and ATLAS over time, players can gain valuable insights into the relationship between these two key tokens and make more informed decisions about their investments and activities within the game. Additionally, identifying and analysing any unusual events or fluctuations in the exchange rate can help players understand their impact on the economy.
Players exchange various tokens for POLIS using on ramps and exchange POLIS for other tokens using off ramps. The visualizations below showcase the most significant on and off ramps for POLIS over time, identifying any data anomalies. Monitoring the flow of POLIS in and out of the Star Atlas economy through on and off ramps is vital for understanding the movement of players and the overall health of the economy. Additionally, by filtering the data by specific time periods, it is possible to identify changes in on and off ramp behavior and discern any correlations with macro-economic conditions and trends beyond the Star Atlas ecosystem.
Be first to receive data insights from Star Dust Economy
DISCLAIMER: stardusteconomy.com is an unofficial site dedicated to Metaverse Projects. This site is not endorsed by, or affiliated with Automata, Inc. (Star Atlas). Some content and images related to "Star Atlas" are copyright of Automata Inc, "Star Atlas" is a registered trademark of Automata Inc, All rights reserved. Not Financial Advice: All content is for educational purposes only. We try to keep data shown as accurate as possible, but cannot guarantee data will be at all times. Please do your own due diligence!
Copyright © 2023 Star Dust Economy - All Rights Reserved.