Intrоduсtіоn
Dесеntrаlіzеd fіnаnсе (DеFі) іѕ аbоut а mоnеtаrу ѕуѕtеm thаt uѕеѕ а рublіс blосkсhаіn. It іѕ а nеw mоnеtаrу ѕуѕtеm аnd hеnсе іѕ оnе оf thе hоt tорісѕ аmоng іnduѕtrіаlіѕtѕ, аnd blосkсhаіn еxреrtѕ.In еѕѕеnсе, thе tеrm “рublіс” іѕ vеrу іmроrtаnt hеrе. Thіѕ саn bе lіkеnеd tо thе оnе оn thе Ethеrеum рublіс blосkсhаіn. On а рublіс blосkсhаіn, thеrе іѕ nо рlасе fоr а сеntrаlіzеd аuthоrіtу tо gоvеrn thіѕ fіnаnсіаl ѕуѕtеm.
The global market and the way it relates to the digital assets has made the use of cryptocurrencies very crucial to all financial users. The era of fiats currency is rapidly wrapping up and now the next thing now is cryptocurrencies. All that has to be done now is to set up a gallant payment structure that will make cryptocurrencies very resourceful and that is no problem at all because the arrival of PolkaParty on the blockchain has made the perfect solution to payment available to all users of the blockchain. This solution to payment is very cheap and can be used whether or not you have experience with the blockchain. All there is to it is the new PolkaParty App that will be installed in your devices.
PolkaParty is the ultimate DeFi service
Why PolkaParty?
PolkaParty aims to expand the capital barriers that are indiscriminately set for active communities. The idea that respective retail investors are no longer going to suffer the consequences of drastic drops in public sale token prices, but rather be able to participate in seed & private sales by having the proper capital in devoting to early stage projects.
Beyond the aspects of creating unique decentralized venture capital “funds”, within the nature of DAO’s, there are many other related activities that parties can become preoccupied with if gaining the necessary votes of party members.
The ultimate goal throughout the PolkaParty experience is allowing all users to become easily integrated into the entire ecosystem of DeFi, without having to understand the vast amount of technicalities in decentralized finance. Our belief is in creating an easy to understand user journey, as individuals will have the opportunity to chat, research, and immerse oneself in a respective party with more experienced figures, who understand the formality of more lucrative methods within crypto
Social Board
This Social Board will outline a competitive ranking of every party, as well as categorical party growth upon funds, members, activities. The platform will begin to organically grow in volume, users, and overall activities, so will the competitive association with respective party’s. It is important to harness this competitive spirit of Partygoers, as members will hold great pride in their personal association with popular and favorable parties. This distinct quality is the reason for a Social Board, an all-exclusive dashboard for Partygoers to have completely accessible data upon rankings, funds, and growth of the most premier party’s on the platform.
Features of Polkaparty
• Yield Farming — Parties specifically for yield farming will be available on PolkaParty where a governed wallet will supply the liquidity. This allows users to share greater rewards farming together than if they were farming by themselves.
• Lending — PolkaParty will allow users to borrow funds from parties without withdrawing their investments. Users will have access to funds without impacting their credit scores, with more flexible repayment options, as well as instant approval for collateralized loans.
• Crowdfunding — Crowdfunding on PolkaParty will be available to allow users to connect with each other over common interest tokens and projects. This feature will be beneficial to get involved with the community and share in greater returns on investments.
• ICO Launchpad — PolkaParty will feature upcoming ICO projects and allow them to create parties to join and help raise liquidity to fund them, as it is becoming a popular choice for new projects to raise capital through crypto launchpads.
• Property Investment Pools — Investment pools are a great way to bring tangible investments into the crypto world reducing the entry barrier into the property market. This will also allow people all over the world to invest in properties in countries they may not have previously had access to.
Polkaparty Governance of funds action in 4 models.
• Democracy — Democratic parties are used to even the playing field and manage a group regardless of who, where, and how much. Democratic parties are straightforward, everyone gets an equal vote. Democratic parties use multisign wallets as a form of governance in which each registered, active, address is entitled to confirmation of transactions sent to the EVM. This is one of the most technically basic forms of party governance.
• Weighted Democracy — Weighted Democratic models aim to provide alternative solutions to fund governance. In this model, users hold private interest in a party and can track their percentage of Party Power. It is simple, the higher proportion of the party that a partygoer owns the more power he has over governing votes. Technically, a weighted party could be compared to an LP pool. The more of the pool you own the higher your percentage of payouts, rewards, and party benefits.
• Monarchy — A monarchy is the simplest and most risky type of party. Here at PolkaParty, believe in decentralization and equality, with this in mind, allow Parties to be made that give all of the Party’s governance to be given to one wallet, the Monarchs.
PolkaParty Kickbacks
Kickbacks are quarterly held IDO events for early-stage projects launching on the PolkaParty platform. These early staged projects will receive immediately verified parties on PolkaParty, obtaining priority promotion on the platform for short-term token launchings, as well as for long-term product features.
PolkaParty Gifts & Gifts
After the collection of the daily distribution fee, the total amount that has been collected will be paid back to the user, up to 50% of the total daily distribution fee collected on the platform, which stakes the POLP on the platform. If the volume & number of trades increases on each side, the bonus/payment of holding the POLP will also increase.
Tokonomics
• Token Name: POLP
• Total Supply: 200,000,000
• Private Sale : 500,000 (20 mil Tokens)
• Public Sale: 250,000 (781 NFTs) (7.81 mil •
tokens)
• Private Sale: $0.025
• POLP at launch: $0.032
Conclusion
Polaparty, a place where you, your friends, and your family can all share a wallet with customizable inbuilt governance. As a collective, you can all be part of big decision-making that involves the like of what coins you want to invest in or when you feel is the right time to sell. Polkaparty also has a leaderboard system set up with weekly prizes for whatever party has the most gains based on their percentage.
More information please visiting
Website: https://www.polkaparty.io/
Telegram: https://t.me/PolkaParty
Twitter: https://twitter.com/Polka_Party
Medium: https://polkaparty.medium.com/
Authorhip
BTT username: Storyline
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=3370754
BEP20 (BSC) wallet address: 0x7a8bf20Adf868267F552cD7351315aEF6973F073