Introducing Polaris. A self-scaling stablecoin operating system. Uncorrelated yields. No T-Bills. No CEXs. No compromises. Here's what we've been building 🧵
Pre-launchPharos hasn't ingested data for this one yet.Testnet
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.
Gated testnet live; security review and audit-preparation phase underway; mainnet date uncommitted
Polaris USD (pUSD) Pre-launch Stablecoin Tracker
pUSD
At a Glance
- Backing
- Crypto-Collateralized
- Governance
- Decentralized (DeFi)
- Peg Currency
- US Dollar
- Yield-Bearing
- Yes
Launch Timeline
Jan 2026Expected: Q4 2026
Today
Launch Alert
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/subscribe launch pusd-polarisActivity Timeline
Apr 27, 2026Milestone
TokenBrice publishes 'The Path to the North Star' founder narrative
Long-form post outlining Polaris's three-pillar mission (counterparty-free yield, ETH-correlated yield alternatives, restoring DeFi credibility) and tracing the protocol's lineage to Robert Lauko's bonding-curve research; mainnet timeline still uncommitted.
SourceApr 13, 2026Milestone
'Sustaining the Ecosystem: pETH & pUSD Flows' published
Documents Polaris's autonomous protocol-revenue distribution mechanism routing borrower interest and liquidation flows to pUSD Stability Pool participants by holdings.
SourceJan 27, 2026Announcement
Polaris introduces self-scaling stablecoin operating system
Three-token model (pETH, pUSD, POLAR) with immutable code design and uncorrelated yield from protocol revenues.
SourceImmutable CDP, Yield Included
A pre-launch Liquity-style immutable CDP stablecoin on Ethereum that captures protocol revenue for holders rather than reserve interest. 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 , and the 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
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pUSD: No Counterparty, No Ceiling
How pUSD delivers counterparty-free yield that scales alongside protocol adoption and the developing ecosystem supporting it.
Polaris Finance Blog
Sustaining the Ecosystem: pETH & pUSD Flows
Polaris replaces emission-based incentives with an autonomous protocol-revenue distribution mechanism that flows to participants based on their asset holdings — no governance-driven allocation, no bribery.
Polaris Finance Blog
The Path to the North Star
TokenBrice traces Polaris's origins from Robert Lauko's bonding-curve research to today's three-pillar mission: counterparty-free yield, ETH-correlated alternatives, and restoring DeFi credibility against a backdrop where only $184.79M of the $338.9B stablecoin supply is non-freezable.
Polaris Finance Blog
Links
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