PolkaParty- Leveraged yield farming by the people, for the people

in polp •  3 years ago 

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Introduction
PolkaParty platform is a Decentralized Finance of the most popular financial concepts today, based on decentralized Blockchain technology making DeFi a solution to various financial problems that occur. The Decentralized Financial Ecosystem that was introduced to everyone has had people flocking to try and use the DeFi Ecosystem. PolkaParty is one of the evolved DeFi platforms that tries to improve the current DeFi Market for the better and provides an alternative with more Crypto Options than its competitors. The act of crypto-farming has come to stay and this has made farming of Cryptocurrency function in its liqudity form.

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.

THE MAJOR CONTRIBUTIONS AND SOLUTIONS OF POLKAPARTY PLATFORM:
The platform plans to give a whole lot to the community through the unique governance system and an approach that will be in favor of DeFi and all the services it has to provide to the users will always be available and provided in full quality to all those participating in the system. PolkaParty services will become widespread and will be easily integrated into other projects or any other ways they could be adopted in full scale. This platform is majorly for all the holders of POLP Token, there is nothing that would be done without the involvement of this POLP Coin, because of the fact that it allows fast Integration and is capable of giving all the users directions. It is a fully decentralized project with decentralized solutions that renders appropriate protection for the system because that is part of the reason for its creation.

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PolkaParty NFT Highlights
PolkaParty is a NFT marketplace that permits clients to purchase, sell, and find different digital resources as per their inclinations. PolkaParty NFT gives a chance to content creators to have the option to dispatch their own POLP Tokens. Content creators can undoubtedly convey the possession rights without the requirement for an outsider, transactions are done between content makers and authorities, PolkaParty NFT is just a medium that will work with transactions for POLP Tokens. In any case, that is not all, there are a few different highlights of PolkaParty NFT.

Non-fungible tokens or normally abridged as NFT are kinds of tokens that can't be exchanged like cryptocurrencies general, like Bitcoin, Ethereum or Polkadot. Normally, a large portion of the NFT tokens coursing in the crypto market today are Ethereum-based Network with the ERC-20 types. POLP Tokens must be exchanged on marketplaces that help them, which is a NFT marketplace where individuals can make, sell and gather POLP Tokens openly and securely.

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PolkaParty platform tools that make an attractive project:

1. PolkaParty Yield Faming: PolkaParty would facilitate the sketching of its proprietary token (POLP) with the non-custodial sketching of non-platform tokens such as UNI and YFI. Smarts can earn prizes in the form of a regular incentive pool depending on the share and distribution of a specific pool.

2. PolkaParty Lending & Borrowing: Lenders and borrowers will be qualified for PolkaParty benefits, which include a day-to-day incentive system and a current farming plan token, and will offer various sources of passive profits to partners in the project pool.

3. Liquidity pool: The liquidity pool is essentially a pooling of assets under the PolkaParty deal. A lake comprises a volatile coin glued to a secure coin. You must provide an equivalent number of ETH and DOT to compete in such a tub. Liquidity mining in shared environments promotes and enables liquidity and successful exchange of a pair of crypto assets by allowing liquidity suppliers to pay token trading fees.

4. Potential Market: The NFT area is exceptionally potential, in light of the fact that consistently the worldwide digital market encounters a huge turn of events, along these lines PolkaParty NFT is glad to enter this market.

These are some of the most important ones on the market, as they are better protected. Authorized transactions still don't require any character representations, similarly, security issues like decentralized overhaul emerge. Do not hold money to customers and instead, specially connected clients, show that you do not need to emphasize the security of crypto transactions. For any client package, let's discuss using decentralized transactions in transactions, which reduces liquidity.

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
PolkaParty fully draws on and adopts the advantages of the projects in the market, uses the over leveraged yield farming products with the advantages of Yield Farming and Crowd funding, creatively combines the mechanism of algorithm stable coin to empower the POLP Token. In the whole economic ecology of PolkaParty, POLP Token, which is endowed with more application scenarios, not only represents the governance rights and interests of the leveraged yield farming protocol, but also the shareholders' rights and interest’s token of algorithm stable coin of DOT.

For More Information Connect to PolkaParty
Website: https://www.polkaparty.io/
Twitter: https://twitter.com/Polka_Party
Telegram Group: https://t.me/PolkaParty
Medium: https://polkaparty.medium.com/
GitBook: https://polkaparty.gitbook.io/polkaparty/

Authorized By:
Bitcointalk Username: Crypto Bright
Bitcointalk Profile link:
https://bitcointalk.org/index.php?action=profile;u=2903200
ERC-20 Wallet Address: 0x686a1Da514673eb8fF3bF9B281F5958C23DcA1eB

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