Star Atlas DAO (POLIS) is a cryptocurrency token that powers the governance and decision-making processes within the Star Atlas metaverse, a blockchain-based gaming platform built on the Solana network. POLIS token holders can participate in voting on proposals that shape the game's development and direction, with voting power determined by the quantity and duration of tokens locked in the DAO framework. The token also incentivizes long-term commitment and engagement within the community.
The Star Atlas DAO (POLIS) is a multifunctional decentralized governance token used for decision-making and governance within the Star Atlas ecosystem. POLIS token holders have voting power in the Star Atlas DAO, which determines the direction of the project's development. The token is used for voting on proposals, controlling the treasury, and governing the Star Atlas metaverse and game. Additionally, the Star Atlas DAO is responsible for minting, distributing, and redistributing the in-game utility token (ATLAS) in the treasury.
To store Star Atlas DAO (POLIS) tokens, you have several options based on your needs and preferences:
Centralized Exchange (CEX): You can store your POLIS tokens on a centralized exchange. This method provides easy access to various investment products and features, such as spot and futures trading, staking, and lending. However, you must ensure the exchange has strict security measures to protect your assets.
Non-Custodial Wallets: For maximum security and control over your private keys, you can store POLIS tokens in a non-custodial wallet. This includes hardware wallets, Web3 wallets, or paper wallets. This option requires you to manage and secure your private keys, which can be less convenient for frequent trading.
Ledger Nano X: You can also store POLIS tokens on a Ledger Nano X. To do this, you need to download the Solana app on your Ledger, create a Phantom wallet account, connect your Ledger, and then move your SOL and POLIS tokens to the address using the Solana network.
- Crypto Wallet: You can buy POLIS tokens directly through a crypto wallet that supports POLIS. This involves selecting a reliable wallet, downloading the app, creating a wallet address, and purchasing POLIS using a supported payment method. You may need to swap for POLIS if the wallet doesn't support direct fiat-to-POLIS purchases.
Each method has its pros and cons, so it's essential to choose the one that best fits your needs and security concerns.
To buy Star Atlas DAO (POLIS) tokens, follow these steps:
Choose a Reliable Exchange:
- Select a trustworthy centralized exchange (CEX) that supports POLIS purchases, such as Binance, CoinEx, Kraken, gate.io, or MEXC.
- Compare fees, security features, and supported currencies before choosing an exchange.
Create an Account:
- Register a free account on the chosen exchange by providing necessary information, including your name and email address.
- Enable two-factor authentication (2FA) for added security.
Verify Your Identity:
- Complete Know-Your-Customer (KYC) verification to increase withdrawal limits and unlock additional features.
Add a Payment Method:
- Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment methods.
Buy POLIS:
- Use fiat currency to buy POLIS directly if supported, or first purchase a popular cryptocurrency like USDT and then exchange it for POLIS.
Transfer to Wallet:
- Once purchased, transfer your POLIS to a personal cryptocurrency wallet for safekeeping and potential trading on decentralized exchanges.
For decentralized exchanges (DEXs), you can use a wallet like Trust Wallet and connect it to the DEX to trade SOL for POLIS.
