This C program uses linked lists to add two polynomials. It takes in two polynomials from the user in descending order of exponents, stores them in linked lists, then adds the polynomials term by term. It displays the individual polynomials and their sum. The key functions are getpoly() to input a polynomial, display() to output a polynomial, and add() to add two polynomials by traversing the lists and appending terms with equal exponents and coefficients of their sum.