About the Project
Polimec (Polkadot Liquidity Mechanism) is a fundraising mechanism for the Polkadot ecosystem. It allows the issuance and transfer of multiple cryptocurrencies directly on a dedicated blockchain. Polimec is built on Substrate through a joint venture between Kilt Protocol and Moonbeam.
About the Integration
This collaboration will enable the Polimec Smart Contract System as an extension to the Polimec Core Transfer System, which would act on behalf of an Issuer, execute Smart Contract functionality for vesting (also in periods), air drops, bounties, sales and everything else which already exists (or is possible) on Ethereum. Through this addition Issuers could build their coin offerings and the issuance of Currencies as complex as they need it while also reuse Solidity code of existing coin offering projects through utilizing Moonbeam’s EVM capable runtime.