Polymesh

POLYX and Polymesh

POLYX is the native utility token of Polymesh, a blockchain designed for regulated asset markets. Polymesh uses POLYX for transaction fees, staking, governance and network operation. The chain also uses onchain identity and permissioned roles for certain regulated activities, making its token economy different from an unrestricted public blockchain.

Staking and security

Polymesh uses nominated proof of stake. POLYX holders can bond tokens and nominate permissioned Node Operators. Operators participate in consensus and receive block rewards, which are shared with their nominators. The current documentation lists a 28-day unbonding period for staked POLYX.

Supply and issuance

POLYX does not have a fixed maximum total supply. New tokens are minted as block rewards, with the annual minting amount capped by the protocol’s reward curve. Polymesh documentation states that maximum annual minting can reach 140 million POLYX and that the inflation rate changes as total supply grows.

Governance and compliance

POLYX holders can participate in governance through Polymesh Improvement Proposals. Governance can change network parameters, permissions and treasury decisions. Polymesh also requires verified identities for many asset and identity operations, while basic POLYX transfers and staking can be performed without the same onboarding requirements in the documented cases.

POLYX risks

POLYX is exposed to blockchain, staking, governance, permissioning and inflation risks. Node Operators are licensed or registered entities, so network participation differs from fully permissionless proof-of-stake systems. Supply can also expand through block rewards, making current supply data more important than a simple maximum-supply assumption.

This page separates project documentation from live FMchart market fields. Historical tokenomics, staking rules and roadmap statements are dated where relevant, while live figures are intended to refresh independently when market data is available. Readers should use current project documentation for changes after the review date.

For FMchart readers, POLYX supply should not be treated as capped because Polymesh explicitly uses new token issuance for block rewards. The reward curve sets an upper annual minting amount, while the effective inflation rate changes as total supply grows. Staking also has a permissioned element because Polymesh Node Operators are licensed or registered entities. Live market fields can change independently of these protocol rules. FMchart’s composite history is based on supported exchange coverage and may not begin at the network’s earliest block or token event. Governance can modify protocol parameters through Polymesh Improvement Proposals, so current documentation matters when evaluating staking, fees or issuance. This page keeps those mechanisms distinct and avoids presenting a single supply number as permanent. It also explains why Polymesh’s regulated-market architecture differs from an unrestricted proof-of-stake network.