Introducing Polaris. A self-scaling stablecoin operating system. Uncorrelated yields. No T-Bills. No CEXs. No compromises. Here's what we've been building 🧵
Polaris USD (pUSD) — Pre-Launch Stablecoin
Pre-LaunchNo data processed by Pharos yetTestnet
Pharos can still tell you how this asset is supposed to work, when it expects to launch, and what sources to watch. Live market, peg, liquidity, and safety surfaces activate only after the first post-launch data sync.
Private testnet live
Polaris USD
pUSD
At a Glance
- Backing
- Crypto-Collateralized
- Governance
- Decentralized (DeFi)
- Peg Currency
- US Dollar
- Yield-Bearing
- Yes
Launch Timeline
Jan 2026Expected: Q4 2026
Today
Activity Timeline
Immutable CDP, Yield Included
Polaris Finance is building what its co-founders TokenBrice and 0xLuude call the successor to Liquity's ethos: a crypto-collateralized stablecoin on Ethereum with immutable core contracts, no admin keys, and no off-chain assets. pUSD is minted against pETH collateral via CDPs, and the yield-bearing angle comes from protocol revenue — borrowing interest, swap fees, conversion gains, and DEX fees — rather than from depositing reserves into Aave. The private testnet is live with a Q4 2026 target, which gives the team time to prove that you can ship immutability without sacrificing usability. For a market saturated with centralized fiat-backed tokens and yield products built on leverage, pUSD is a deliberate bet that there's still demand for the Liquity V1 philosophy, upgraded.
Updated 2026-03-23
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