Polkastarter (POLS)

Polkastarter (POLS)

Polkastarter (POLS)

Polkastarter —— A Polkadot Based DEX Built for Cross-chain Token Pools and Auctions

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  1. Polkastarter is a protocol built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized, permissionless and interoperable environment based on Polkadot.
  2. The protocol has the following use cases:
  • Fund Raising: Startups and projects can raise funds on Polkastarter’s interoperable and decentralized infrastructure.
  • Auctions: Token pools will include dutch and sealed-bid auctions.
  • OTC: Closed OTC deals with password protection.
  1. POLS is the native token of Polkastarter Protocol, the utility of the token is two-fold:
  • Governance: Token holders will be able to vote on product features, token utility, types of auctions and even decide which projects get to be featured by Polkastarter.
  • Fees: Transaction fees will be paid in $POLS

Other forms of utility include the following:

  • Staking for Pool Rewards
  • Staking for Pool Access
  • Staking for Governance
  • Liquidity Mining

Key Metrics

Untitled

Recent Price$5.10
Market Cap
$290,556,904.87
Circulating Supply
56,500,000 POLS
Total Supply
100,000,000 POLS

About Polkastarter

Polkastarter is a protocol built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized, permissionless 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.

Use Cases

Startups and projects can raise funds on Polkastarter’s interoperable and decentralized infrastructure.

This technology can also have other applications outside of fundraising, such as;

  • Closed OTC deals with password protection
  • Discounted sales with whitelisted addresses
  • Token pools will include dutch and sealed-bid auctions
  • Crowdfunding

POLS is the native token of Polkastarter Protocol, the utility of the token is two-fold:

  • Governance: Token holders will be able to vote on product features, token utility, types of auctions and even decide which projects get to be featured by Polkastarter.
  • Fees: Transaction fees will be paid in $POLS

Other forms of utility include Staking for Pool Rewards; Staking for Pool Access; Staking for Governance and Liquidity Mining.

Project team

Polkastarter contains an executive team with over 30 years combined tech experience who are passionate about developing a better, more complete interoperable token sales experience.

Daniel Stockhaus, the co-founder and CEO, is a serial tech entrepreneur, scaled companies to over 1m users and $20m annual turnover. Tiago Martins is the co-founder and CTO of polkastarter, who is passionate product builder and senior software engineer with successful exit.

Polkastarter also has a great advisor team, including Danilo Carlucci, a performance-driven, high integrity, self-disciplined, goal-oriented leader with outstanding interpersonal skills and a proven track record of success at increasing levels of responsibility and authority. And Matthew Dibb, who comes from a Capital Markets and IT background, specialising in venture development and corporate funding for emerging companies and new technologies.

Key Features

Cross-chain Swaps: The best feature of Polkastarter is the ability to produce fixed swap pools and cross-chain swaps powered by the Polkadot ecosystem, which can provide higher throughput and enable faster, cheaper transactions while maintaining connectivity to the ethereum network and other blockchains for increased liquidity.

Fixed Swap Pools: One of the biggest advantages Polkastarter has over its competitors in Rai.Finance, Polkaswap, Polkadex and Zenlink, which are also decentralized exchanges in the polkadot ecosystem, is the optimized "Initial DEX Product" (IDO) model.

Minimum Viable Product (MVP) is a fixed price token exchange service Fixed Price Swaps, where each liquidity pool can set a clear price for the tokens and also know exactly how much they can get back when the token pool is sold out, they can also set other parameters such as the maximum investment limit for a single user, whether to require password transactions, add whitelists and some other features.

From the website homepage, users can explore and participate in several token pools. These will be fixed swap pools, in which two or more parties exchange a fixed amount of tokens for a predetermined price.

Permissionless Listing: True decentralization only works if there is a permissionless environment. Though certain Polkastarter features may be enhanced for POLS token holders, anyone will be able to use the protocol in order to create and launch fixed swap token pools. Counter-measures to prevent bot-based and malicious pools will also be integrated.

Private Pools and Whitelisting: One of the Polkastarter use cases is private fundraising and closed over the counter (OTC) deals. To enable these, we will launch with features like password protected pools and address whitelisting for pool participation.

Anti-scam: Anti-scam features preventing users from buying the wrong token. These include smart contract verification, smart contract information, token import alert and high slippage alerts.

Community and Social Channel

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