What is Polaris Pay?
Polaris Pay is an institutional-grade fintech layer built on the Ethereum blockchain. We bridge the gap between yield optimization and credit accessibility, providing a seamless, non-custodial experience for multichain asset holders.
At its heart, Polaris is a yield-serviced credit protocol. This means that when you deposit assets into our vaults, the productivity of that capital can be used to automatically repay credit lines, creating a "buy now, pay later" experience powered by your own wealth.
The Three Layers of Polaris
- Layer 1: Yield Vaults - Auto-compounding strategy vaults for stablecoins and blue-chip assets.
- Layer 2: vToken Collateral - Use your vault receipt tokens (vTokens) as collateral for instant credit lines.
- Layer 3: BNPL Credit Rails - A unique yield-serviced repayment model where the productivity of your assets pays off your debt automatically.
The Polaris Value Proposition
1. Capital Efficiency
Most DeFi protocols require you to choose between earning yield or using your assets as collateral. Polaris allows you to do both simultaneously. Your collateral continues to earn yield while it secures your credit line.
2. Privacy by Design (FHEVM)
Using Zama's Fully Homomorphic Encryption, Polaris offers encrypted lending positions. Your total debt, collateral ratios, and credit scores can be kept private from public observation while still being verifiable on-chain for protocol safety.
3. Yield-Serviced Repayment
Imagine a credit card where you never have to "pay" the bill manually. By routing your vault yield towards your debt interest and principal, Polaris creates a self-repaying debt model.
Getting Started
- For Shoppers: Discover products and pay with Polaris in the Shopping App.
- For Merchants: Set up your store and accept yield-backed payments via the Merchant App.
- For Developers: Integrate the Polaris protocol or checkout component via the Developer Guide.
Explore our documentation to learn more about how Polaris works and how to integrate it into your platform.