Polynomial Launches Hybrid AMM, Surpasses $1 Million in Deposits with $USDC, $sDAI, $sUSDe; Olas Staking Progresses

Polynomial has launched its hybrid Automated Market Maker (AMM) and liquidity pool derivatives chain, allowing users to stake $USDC, $sDAI, or $sUSDe in the liquidity layer to earn points. The trading functionality is expected to go live in 1-2 weeks. The initial liquidity event on Polynomial Chain is currently live and has already surpassed $1 million in deposits, with users able to deposit $USDC, $sDAI, or $sUSDc to earn five times the sats. There are only 12 days left for early stakers to secure a boost and start earning points on their deposits. Meanwhile, Olas Staking is progressing, with the re-audit complete and the deployment of remaining contracts. The integration of the first three live staking contracts will soon enable operators to access rewards earned by their agents. The Coastal phase of Staker Expeditions has concluded, paving the way for the main Olas Staking launch.