About Polkastarter Defi Coin
Be the first to join Polkastarter, a Polkastarter Defi Coin built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot. Executive Team with over 30 years combined tech experience who are passionate about developing a better and more complete interoperable token swap experience.
Quick Fact About Polkastarter Defi Coin
| Coin Basic | Information |
|---|---|
| DEFI Coin Name | Polkastarter Defi Coin |
| Circulating Supply | 49,888,043 POLS |
| Total Supply | 100,000,000 |
| Contract Address | 0x83e6f1e41cdd28eaceb20cb649155049fac3d5aa |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To Visit |
| Twitter Group | Click Here To Visit Twitter Group |
| Documentation | Click Here To View |
| Project Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
The protocol for cross-chain token pools.
They are building Polkastarter as the next step for truly interoperable DeFi. A Protocol built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot.
With Polkastarter, decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current ERC20 standard.
In order to leverage advantages, smooth interoperability between various networks is a key to success. The killer feature of Polkastarter is the possibility of making cross-chain swaps, powered by the Polkastarter.com ecosystem, which can provide higher throughput for faster and cheaper transactions while staying connected to the Ethereum Network and other blockchains for liquidity.
Other features include permissionless listings, token swaps by smart contract, private pools with password, whitelisting and high slippage price alerts. Pools will have several types of swaps, including fixed ratio swaps, dynamic ratio swaps, dutch auctions and even sealed-bid auctions.
1100% Market Growth In 2021
- H1 2020 saw $5,1 Billion in DEX volume, 5x from the first six months of 2019.
- Aggregate trading volume on decentralized exchanges reached $11.6 billion in August, up from $4.5 billion in July.
- Tightening regulations for centralized platforms and the hype surrounding DeFi are pushing DEX trading activities to new heights.
Decentralize the way your ideas raise capital.
Be the first to join Polkastarter, a Protocol built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot.
Tokenomics
The network has a native token called $POLS, which it uses for various sections on the platform. POLS’s total supply is 100 million tokens. Exactly 42.5 percent of the tokens were sold during the seed sale, private sale, and Uniswap listing. Other tokens went to the marketing fund, team, advisors, and foundational reserve.
Token Utility
The native token POLS is a utility token in the Polkastarter Defi Coin ecosystem. Its applicability in the Polkastarter network is in three different ways:
- Governance- Token holders can participate in product development through community voting.
- Staking- Users can stake POLS token for pool rewards which will be distributed by providing liquidity to the Polkastarter ecosystem.
- Liquidity mining- The liquidity mining program is a way to participate in daily token rewards,
Polkastarter and Covalent
Covalent is a platform capable of fetching intricate details about a crypto wallet. As such, it allows Polkastarter.com and its users to check the trustworthiness of a token contract. The users have access to the token contract age, verification, transaction volume, among other details.
Staking
The token can be staked to earn staking rewards on various fronts. For example, it can be staked to receive pool rewards or for pool access. Note that the option to stake POL for pool access is solely upon pool creators. However, the choice is ideal for giving top liquidity providers private access to high-end pools.
What Features
Transaction speed
The platform is built on the Polkadot network, which has a high capacity to process transactions. Through Polkadot, Polkastarter can process 160,000 transactions per second (TPS) and can go as high as a million TPS.
Data sharing
Apart from cross-chain transactions, also facilitates the sharing of data between protocols belonging to different blockchain networks.
Governance
Through its native token POLS, users can participate in the Polkastarter ecosystem. Its native token POLS enables users to vote on product features, token utility, and types of auctions.
Functionality
By facilitating interoperability across different blockchains, facilitates easy access to swap tokens belonging to any network. It uses sharding technology to switch between different blockchain protocols.
