The DeFi market is fast growing. From the days of ICOs to IDOs, CEX’s to DEX's, still growing. The market has changed now. The dynamics and needs have changed too.
With all these changes, the amount of reliable IDO platforms in this market is very few. We only have a few of them. As a result of that, there's a strong call from the community for a reliable IDO platform that can facilitate funding the launch of viable new DeFi projects. Luckily, one such platform is called PolkaRoad.
OVERVIEW OF POLKAROAD
PolkaRoad has developed a modern, user-friendly, secured, and unbiased IDO platform for participants within the crypto world. It is a secured and trusted platform, developed by a team of experienced entrepreneurs, developers, skilled designers, and marketing experts with track records in the Business to Customers market.
The most important product of PolkaRoad’s project is the PolkaRoad DEX. This DEX enables users to swap one asset on PolkaRoad to another on other blockchains. Furthermore, by using the PolkaRoad smart farming algorithm, users adding liquidity earn higher rewards.
HOW POLKAROAD WORKS?
Our platform user adding Liquidity continues to earn rewards, day and night. All rewards dully earned are paid in the platform native token (PRD). Transactions completed using PRD are only charged 0.5% of the total amount transacted. Charges from transactions are channel into two pools:
Yield farmers pool: 90%
Burned pool: 10%.
TOKENOMIC
PRD is the heartbeat of the PolkaRoad community. PRD was developed on Binance Smart Contract (BSC) blockchain. It’s the native coin of the PolkaRoad community that derived its value via usage in the below areas:
Earn by farmers: Similar to other Defi projects, PolkaRoad has some profitable liquidity pools for yield farmers. Users providing liquidity will earn PRD in proportion to the amount of liquidity they have added.
Governance: The platform token holders have the voting right to change any features, future developmental plans and operational processes of the project.
Service fee: If the token is used to pay any services fee on the platform, such a user is entitled to a discount of 50% on charges, while the remaining 50% is burnt.
Launchpad: Any interested users willing to invest in future projects on the platform, will have to lock some fixed amount of PRD to enable him/her quality for lottery tickets.
BENEFITS OF USING POLKAROAD PLATFORM
The successfully listed project’s token will have full access to instant liquidity: Immediately project is listed on our dashboard, users can start buying its token. Lucky investors, who bought it early at a cheaper price, earn more profit when re-sell it back at a higher price after listing.
It is extremely cheap to list a project on PolkaRoad than CEX: The ease and time at which projects will be listed on PolkaRoad are extremely cheap, fast and better when compared to CEXs. Projects benefited from the PolkaRoad community of crypto investors across the world.
PolkaRoad also offers a consulting service to startups in the area of development and marketing.
CONCLUSION
Within a short period of its creation, PolkaRoad has quickly gained the trust of investors in IDOs and significantly improve the funding market for new DeFi projects. Soonest PolkaRoad will be live on the BSC network. Already some viable projects have been lined up to raise funds through it, these projects will be listed very soon. Go and check them out yourself.
Useful links to the project
Website: https://polkaroad.net/
Telegram Community: https://t.me/polkaroad/
Medium: https://polkaroad.medium.com/
Twitter: https://www.twitter.com/polkaroad/
AUTHOR
Bitcointalk Username: Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
BSC Wallet Address: 0x0e55B03D7c3c5427E7b10F6b0B420bb16842b4c5