Decentralized is a very familiar term nowadays. In a decentralized market, innovation empowers financial backers to manage each other as opposed to working from inside an incorporated trade. Virtual business sectors that utilization decentralized money. Decentralized Finance (Defi) may be a rapidly growing sector of the blockchain ecosystem and brings tons of advantages to users within the market.PolkaRoad, A New Decentralized IDO Platform for (BSC) Projects Based on Binance Smart Chain.
What is an Initial DEX Offering (IDO)
An initial DEX offering, or IDO, is another and energizing sort of decentralized and permissionless crowdfunding stage, which is opening up another method of gathering pledges in the crypto space. An IDO alludes to a venture dispatching a coin or token by means of a decentralized liquidity trade. This is a sort of crypto resource trade that relies upon liquidity pools where merchants can trade tokens, including crypto coins and stable coins. For example, USDT/ETH is a liquidity pair.
How PolkaRoad is serving the Blockchain revolution
Currently, decentralized applications (dApps) are mostly still deployed on Ethereum and BSC Network. Polkadot may be a blockchain protocol with a robust development team and has many advantages over Binance Smart Chain in terms of processing speed and scalability. How can a user work on the Binance Smart Chain blockchain and interact with the Polkadot network during a single dApp? Keeping all sorts of problems in mind PolkaRoad comes up with some unique solutions and features.
PolkaRoad Features
● DECENTRALIZED
Your cryptocurrency is fully controlled and safe in your own crypto wallet and trades your crypto wallet-to-wallet
● IDO PLATFORM
The first Unique, and Engaging community-oriented network for fundraising platform on Binance Smart Chain (BSC).
● ULTRA-HIGH PERFORMANCE
Ultra-smooth, fast and simple interface easy to use.
● STAKING
People can buy and stake their PRD tokens for IDO Allocation.
PolkaRoad Token
PRD is the native token of the PolkaRoad ecosystem. The main features of the PRD tokens are:
● Rewards for farming: Like other Defi platforms, there'll be many pools for farming. Liquidity providers will earn an amount of PRD that corresponds to the entire amount of liquidity that they added.
● Governance: PRD holders have the right to vote to vary parameters, features and developmental roadmaps of the PolkaRoad ecosystem within the future.
● Lending fee: Using PRD for fees to borrow on PolkaRoad Lending, the user will receive a 50% discount, and therefore the remaining 50% are going to be burned to support the deflationary token mechanism.
● Launchpad: To participate in future projects on PolkaRoad Launchpad, a user must lock a particular amount of PRD to farm lottery tickets.
RoadMap
Q1-2021
● PolkaRoad Project Live
● Build IDO Platform
Q2-2021
● Token Presale
● Airdrop & Bounty Launch
● Public IDO Listing
● IDO Launchpad Live
● Launch Meme Token
Q3 – 2021
● Partnership
● Exchange Listings
● Liquidity Farming own Platform.
Q4 – 2021
● Wallet DApp Release.
● NFT Launching
Deflationary Farming
Do you know what Deflation framing is? Let us know about Deflation Framing first. Moves tokens CORE are accused of a 1% charge, which goes straightforwardly to the ranchers. The emptying cultivating component made it conceivable to produce tokens with an absolute worth of $ 000 right off the bat, without making individual coins. Liquidity providers will be able to earn rewards, even while they’re sleeping. All rewards will be paid in the PRD token. All transactions that move PRD attract a small fee worth 0.5% of the total amount. This fee will go into two pools:
● 90% shared for all farmers. - 10% burned directly.
For example, suppose that PRD’s current price is $0.10 and there are 10 pools on PolkaRoad.
● When a user swaps 1,000 USDT to PRD (on any exchange or DEX), in theory, that user should receive about.
PolkaRoad is a new decentralized initial dex offering platform that focuses on Binance smart chain-based crypto projects. PolkaRoad is built on the Binance Smart Chain which makes it more efficient and reliable. With PolkaRoad the crypto platform can get funding and users can get early access to various potential projects. So, do you think investing in PolkRoad is profitable? It was a great experience for me indeed. Join PolkaRoad to enjoy a great service.
🔗 IMPORTANT INFORMATION AND LINKS🔗
Website: https://polkaroad.net
Telegram Channel: https://t.me/polkaroad
Twitter: https://twitter.com/polkaroad
Medium: https://polkaroad.medium.com
White Paper: https://docs.polkaroad.net
📃 AUTHOR 📃
Bitcointalk Username: B4btc
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2280631