Polymer is still in its early days and does not yet have a token, but development will eventually be governed by PolymerDAO, a decentralized autonomous organization that will allow token-holders to vote on proposals determining the future of the protocol. According to a press release from the company, PolymerDAO will be the first DAO focused on IBC infrastructure.
Source: https://www.coindesk.com/business/2022/03/02/polymers-36m-in-seed-funding-says-ibc-is-the-future-of-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines