What is Paw V2?

Paw V2, launched in May 2021 by Polycat Finance, initially started as a yield farm and yield aggregator but has since evolved into a hybrid yield optimizer. Its features now include yield aggregation through Vaults, a decentralized exchange (DEX), and a launchpad for ecosystem projects. It operates on Ethereum's EVM using Solidity smart contracts and utilizes Polygon Network's Layer 2 for improved scalability, facilitating low-cost transactions for trading and farming cryptoassets.

The PAW token serves as the DEX reward token for the protocol, having no maximum supply limit. It can be staked in various liquidity pairs or pools, referred to as tanks, in exchange for rewards. Rewards earned from farming are vested, releasing gradually over a 30-day time frame.