Do you think that Decentralized Finance (Defi) can change the world? yes, it may be a rapidly growing sector of the blockchain ecosystem and brings tons of advantages to users within the market. Currently, decentralized applications (dApps) are mostly still deployed on Ethereum and BSC Network. PolkaRoad is a decentralized application platform. One among PolkaRoad ’s most vital products is PolkaRoad DEX - a decentralized exchange that permits users to swap tokens on Polkadot. I suggest from my investment experience that this is a beneficial platform according to all the perspectives for a cryptocurrency user. And hereby using the smart farming mechanism, liquidity providers can earn high-yield rewards.
What Are Decentralized Applications?
Decentralized applications (dApps) are digital applications or programs that exist and run on a blockchain or P2P network of computers instead of a single computer, and are outside the purview and control of a single authority. A standard web app runs on a computer system that is owned and operated by an organization, giving it full authority over the app and its workings. There may be multiple users on one side, but the backend is controlled by a single organization.
DApps can run on a P2P network or a blockchain network. In the context of cryptocurrencies, dApps run on a blockchain network in a public, open-source, decentralized environment and are free from control and interference by any single authority.
About PolkaRoad
A New Decentralized IDO Platform for (BSC) Projects Based on Binance Smart Chain has introduced itself and it is nothing other than the amazing platform PolkaRoad. The first Unique, and Engaging community-oriented network for fundraising platform on Binance Smart Chain (BSC). In which user can hold tokens PolkaRoad tokens they will get (FCFS) base allocation
PolkaRoad is a strong supporter of Web3 and therefore the right to preserve user privacy regardless of what regulations they’re subject to. You all know and believe this is often the longer term of crowdfunding and every one among PolkaRoad’s community members deserves a spot within the new way forward for finance. and that it gives them that chance by allowing them to fund decentralized projects anonymously and do their part in supporting the project’s growth through social engagement. This will give every innovative project and PolkaRoad a foothold
Advantages in PolkaRoad Token
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. PRD holders have the right to vote to vary parameters, features, and developmental roadmaps of the PolkaRoad ecosystem within the future. 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. To participate in future projects on PolkaRoad Launchpad, a user must lock a particular amount of PRD to farm lottery tickets.
Tokenomics of PolkaRoad
● Total Supply
21,000,000 PRD
● Tokens Unlock
liquidity: 1,000,000 PRD
● Smart Contract
0x62afa078281e88ca1dff5c0a5c4b030a8e73a4ad
POlkaRoad based on Decentralized apps, DApps, run on distributed and immutable blockchain networks rather than a centrally controlled operating system. This makes them essentially impossible to censor. DApps is open-source, meaning the code is available for anyone to see, and any updates and changes are decided upon through a consensus mechanism that amounts to some form of majority vote rather than by a developer. DApps is decentralized. This means all data and records generated by the DApp are stored on an immutable, public blockchain. DApps are incentivized, generating and using tokens to reward validators. What else you need to get from a platform where PolkaRoad provides you all these together in their platform. Make a happy investment on PolkaRoad.
Official Link
Website: https://polkaroad.net/
Medium: https://polkaroad.medium.com/
Telegram Channel: https://t.me/polkaroad/
Twitter: https://twitter.com/polkaroad
White Paper: https://docs.polkaroad.net/
Author By
Bitcointalk Username: krypto taide
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2280617
BSC Wallet Address: 0x0d6573e8bD98851601EE0298Bf12e03b81c37c08
Telegram: @chunloucksJ74