Road to Launch — PLMC Token Generation Event (TGE)

Polimec
2 min readJan 3, 2024

Exciting news for the Polimec community! Today marks the successful completion of the much-anticipated Token Generation Event (TGE), delivering step three of our Road-to-Launch!

TGE

The native Polimec token (PLMC) has been generated and is now allocated to holders, marking the beginning of the vesting period. During the vesting period, PLMC will unlock with every block produced until the respective predefined vesting period ends. Locked PLMC can be used for all other on-chain functionalities (staking, evaluation, participation, governance) during the vesting period.

As per our launch process, all tokens remain non-transferable until governance enables on-chain transfers via a governance vote.

What does this mean for you, the PLMC holder? It means anticipation; It means preparation!

Where Are Your PLMC?

Your PLMC await you in the participation wallet you used to participate in Polimec.

Access your PLMC by adding your seed to Polkadot Vault or add it directly to one of the following wallets:

  1. Polkadot js: PLMC Integrated ✅
  2. Subwallet: PLMC Integrated ✅
  3. Nova Wallet: PLMC Integrated ✅
  4. Talisman: PLMC Integrated ✅
  5. Sporran Wallet: Import your seed phrase to Polkadot Vault to access your PLMC.

What is Next?

The journey with your PLMC tokens is evolving rapidly, and there are more exciting news…

Staking will be enabled soon!

Sign up for our Newsletter to stay up to date on our Road to Launch!

More information about Polimec and its functionalities can be found in our Knowledge Hub!

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Polimec

Decentralized community-driven funding protocol for Web3. - Regulatory compliant DeFi