Polaris has completed a $1 million angel round of funding, with participation from institutions such as Ethereum Foundation, Fusion, Altitude, Liquity, LI.FI, as well as over 30 founders and contributors including Anthony Sassano. Polaris is a permissionless on chain revenue agreement, with its core product being the interest bearing reserve asset pETH. It also includes USDp and GOLD, aiming to provide native revenue for any asset on the chain.