What is 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. Join the first community-oriented network for raising capital which will quickly become the go-to place to find the next top quality gems who are trying to find a reasonable place to call home for his or her smart contracts.
Why PolkaRoad Made:
PolkaRoad may be 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 to tokens on other blockchains without the necessity for any centralized organization. additionally , by using the smart farming mechanism, liquidity providers can earn high-yield rewards.
Deflationary Farming:
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.
For another example, suppose that the system has an existing DOT-USDT pool with a current LP of 10,000 USDT and 1,000 DOT. Suppose a user has 2,000 USDT and wants to join in farming: the user would need to add 1,000 USDT and 100 DOT (bought with 1,000 USDT at the price of $10 per DOT, not including slippage) to the pool. At this point, this user's LP DOT-USDT share in the pool is 100 / (1,000 + 100) = 9.091%. As such, when 1,000 PRD is added to the pool as for rewards, this user would earn 90.91 claimable PRD.
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 proper 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.
Tokenomis:
RoadMap:
Q1 - 2021 ✔️
PolkaRoad Project Live
Build IDO PlateformQ2 - 2021 🚴♂️
Token Presale
Airdrop & Bounty Launch
Public IDO Listing
IDO Launchpad Live
Launch Meme TokenQ3 - 2021
Partnership
Exchange Listings
Liquidity Farming own Platform.Q4 - 2021
Wallet DApp Release.
NFT LaunchingQ5 - 2021
Cooming Soon….
For more information:
Website : https://polkaroad.net/
Twitter : https://twitter.com/polkaroad/
Medium : https://polkaroad.medium.com/
Bitcointalk : https://bitcointalk.org/index.php?topic=5337655.0
Author:
•Bitcointalk username: rojnimesh
•Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2860952
•BSC wallet: 0x0d459dBa518FD4f0D69E29c5fC2B7712caAfc1A0