PolkaRoad is the New Decentralized IDO Platform for Binance smart chain Projects

David Tuna | Review Project
4 min readMay 22, 2021

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Decentralized finance (Defi) can be a rapidly growing area of the blockchain ecosystem and offers a lot of advantages for users in the market. Currently, decentralized applications (dApps) are mainly still deployed on Ethereum and the BSC Network.
Polkadot can be a blockchain protocol with a strong development team and has many advantages over Binance Smart Chain in terms of processing speed and scalability. How can users work on the Binance Smart Chain blockchain and interact with the Polkadot network in a dApp? this is usually what?

I. 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.

II .POLKAROAD FEATURES ?

1)DECENTRALIZEN :

Your cryptocurrency is fully controlled and safe in your own crypto wallet and trades your crypto wallet-to-wallet.

2) IDO PLATFORM

The first Unique, and Engaging community-oriented network for fundraising platform on Binance Smart Chain (BSC).

3)ULTRA HIGH PERFORMANCE

Ultra-smooth, fast and simple interface easy to use.

4)STAKING

People can buy and stake their PRD tokens for IDO Allocation.

Because it is based on Binance Smart Chain, PolkaRoad has many advantages in terms of processing speed and scalability. Because it is well known that the Binance Smart Chain is one of the best blockchain technologies to date, so the reliability and speed of the PolkaRoad platform are unquestionable.Not only that it also has high features compared to other projects include :

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.

III.PRD TOKENNOMIC :

1.Token details:

TOTAL SUPPLY: 21,000,000 PRD

TOKENS UNLOCK:Liquidity: 1,000,000 PRD

SMART CONTRACT :0x62afa078281e88ca1dff5c0a5c4b030a8e73a4a

2.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.

IV.ROAD MAP POLKAROAD :

Q1–2021

PolkaRoad Project Live

Build IDO Plateform

Q2–2021

Token Presale

Airdrop & Bounty Launch

Public IDO Listing

IDO Launchpad Live

Launch Meme Token

Q3–2021

Partnership

Exchange Listings

Liquidity Farming own Platform.

Q4–2021

Wallet DApp Release.

NFT Launching

V. CONCLUSION :

This is a promising project full of challenges and ambitions in the future Just like Binance Launchpad and TrustSwap, PolkaRoad is a new decentralized initial dex offering platform that focuses on binance smart chain-based crypto projects. PolkaRoad is built on the Binance Smart Chain which makes it more efficient and reliable. With PolkaRoad the crypto platform can get funding and users can get early access to various potential projects.

► For more details, please visit the link below:

Wed : https://polkaroad.net/
Telegram: https://t.me/polkaroad/
Twitter: https://twitter.com/polkaroad/
MeDium : https://polkaroad.medium.com/

►Author :

Forum Username: ziennakarishma21
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2824865
Forum Poof Link : https://bitcointalk.org/index.php?topic=5337655.msg57064209#msg57064209
BEP-20 Wallet Address: 0x59c8e8E3c0Af18d1E324A1D0B365e4ADa5ff1ba8

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