The Gamma-ray Burst Polarimeter-POLAR is a highly sensitive detector which is dedicated to the measurement of GRB’s polarization with a large effective detection area and a large field of view (FOV). The optimized performance of POLAR will contribute to the capture and measurement of the transient sources like GRBs and Solar Flares. The detection energy range of POLAR is 50 keV ~ 500 keV, and mainly dominated by the Compton scattering effect. POLAR consists of 25 detector modular units (DMUs), and each DMU is composed of low Z material Plastic Scintillators (PS), multi-anode photomultipliers (MAPMT) and multi-channel ASIC Front-end Electronics (FEE). POLAR experiment is an international collaboration project involving China, Switzerland and Poland, and is expected to be launched in September in 2016 onboard the Chinese space laboratory “Tiangong-2 (TG-2)”. With the efforts from the collaborations, POLAR has experienced the Demonstration Model (DM) phase, Engineering and Qualification Model (EQM) phase, Qualification Model (QM) phase, and now a full Flight Model (FM) of POLAR has been constructed. The FM of POLAR has passed the environmental acceptance tests (thermal cycling, vibration, shock and thermal vacuum tests) and experienced the calibration tests with both radioactive sources and 100% polarized Gamma-Ray beam at ESRF after its construction. The design of POLAR, Monte-Carlo simulation analysis, as well as the performance test results will all be introduced in this paper.