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Polaris

Polaris is an onchain stablecoin protocol and StablecoinOS. It uses a bonding-curve collateral asset (pETH), CDP borrowing, and POLAR token mechanics to support yield-bearing stablecoins such as pUSD and pGOLD.
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Description

Polaris develops a fully onchain, counterparty-free stablecoin protocol. Its core system lets users mint and swap pETH through a bonding curve, use pETH as CDP collateral to borrow pUSD and other pAssets, and participate in Stability Pools. The protocol also presents a StablecoinOS through which selected teams can deploy stablecoins tracking currencies or commodities while sharing pETH collateral, liquidity, and protocol-level integrations. Polaris is currently publicly available on Sepolia testnet while it prepares for security reviews, audits, and a future mainnet launch.