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Polaris Airdrop: tasks and status
Polaris is a DeFi platform on Ethereum that lets you mint stablecoins backed by collateral and earn yield. A testnet is live where you can try the features and potentially qualify for future rewards.
About the project
What Polaris is
Polaris is a decentralized finance protocol on Ethereum designed to issue stablecoins without relying on real-world assets or centralized banking. It was founded by DeFi researcher TokenBrice and developer 0xLuude.
The protocol uses three main parts: a bonding curve that converts Ethereum into yield-bearing pETH, a collateralized debt system for minting the pUSD stablecoin, and a token called POLAR that governs the platform. Revenue from borrowing, swaps, and liquidations goes to the Stability Pool.
How the testnet works
Polaris has a testnet running on Sepolia where you can try the platform's features. To participate, you connect your wallet, claim test Ethereum from faucets, and then complete activities in the testnet.
Completing testnet activities may make you eligible for rewards later, though nothing is guaranteed. The project raised $1 million from eight investors.
What it takes
The testnet costs nothing in real money and takes about 15 minutes to complete. You need a wallet connected to Sepolia and a small amount of test Ethereum from a faucet.
The testnet is best for people who are comfortable connecting wallets and understand how collateralized debt systems work.
Funding
$1M raised · 8 investors
-
Anthony Sassano
-
Darren Camas
-
Ceazor
-
Cedric Waldburger
-
Jorge Selva
-
Leo Sprueth
-
Robert Lauko
-
Zord4n
Step-by-step checklist
- 01 Test the Polaris protocol on testnet Starts 17 Aug 2026 Open
These tasks are available in the CoinDropster dashboard: exact links, progress tracking and deadlines — open the app to see the checklist.
Risks and what to watch for
- Rewards are not guaranteed. The project has not announced terms for how testnet activity may lead to future rewards.
- Rules can change. The protocol is still in testnet phase and may change before launch.
- Potential future airdrop eligibility is not confirmed. Participation does not promise an airdrop or any token distribution.
Frequently asked questions
Does Polaris testnet cost money?
No. The testnet uses test Ethereum from faucets, which is free.
How long does the testnet take?
About 15 minutes to complete the available activities.
Which network is the testnet on?
The testnet runs on Sepolia, Ethereum's test network.
Will testnet participants get an airdrop?
Testnet activity may make you eligible for future rewards, but this is not guaranteed and the project has not announced specific terms.
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