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What Is Polymesh (POLYX)?

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Binance Academy - Learn & Earn

Q: Polymesh is the blockchain_______________.

A: Making tokenization accessible to institutions


Q: What is Polymesh built for?

A: Security tokens


Q: Can you earn staking rewards with POLYX?

A: Yes


Q: How large is the securities market?

A: Hundreds of trillions of dollars


Q: Who are Polymesh's node operators?

A: Regulated financial entities only


Q: What consensus mechanism does Polymesh use?

A: Proof-of-stake


Q: How is POLYX classified under Swiss law?

A: Utility token


Q: Polymesh falls into which category of blockchain?

A: Public permissioned


Q: What are the key pillars of Polymesh?

Governance, identity, compliance, confidentiality, settlement


Q: What are the next steps for Polymesh?

A: Stablecoins, MERCAT, Integrations, NFTs

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