POLS is the native cryptocurrency of Polkastarter, a decentralized platform that enables cross-chain token pools and auctions. The platform is built on the Polkadot network, which allows for interoperability between different blockchains. POLS is used as the governance token for the platform, allowing holders to vote on proposals and decisions related to the development and direction of Polkastarter. Additionally, POLS is used as a means of payment for transaction fees and as a reward for liquidity providers.

One of the key features of Polkastarter is its ability to facilitate token sales for new projects. This is done through the use of token pools, which allow multiple investors to contribute to a single pool of tokens. The pool is then used to determine the price of the token, which is sold through an auction process. This allows for a fair and transparent way for new projects to raise funds and for investors to participate in early-stage investments. POLS plays a crucial role in this process, as it is used to determine the allocation of tokens in the pool and as a means of payment for transaction fees. Overall, POLS and Polkastarter provide a unique and innovative approach to decentralized fundraising and governance.