New Decentralized IDO Platform for (BSC) Projects Based on Binance Smart Chain
hello, friends today I am going to describe the new decentralized ido platform for the (BSC) project based on finance smart chain . as we know,it is The first Unique, and Engaging community-oriented network for a fundraising platform on Binance Smart Chain (BSC). and People can buy and stake their PRD tokens for IDO Allocation.
The IDO is the abbreviation of “Initial Decentralized Exchange Offering”. It is like an ICO or IEO but listing the token on a Decentralized Exchange is commonly called DEX. The average crypto user and new projects suffer challenges in new investment opportunities and establishing a project with a smart go-to-market strategy, and this is often where Polka Road involves you.
The DeFi (Decentralized Finance) space has become bigger and as a part of its growth, the industry needs smarter solutions for brand spanking new projects to boost funds, based a top-quality community, engage with the participants, and luxuriate in a smooth and successful launch.
The project have announce $PRD private sale is live now. Join: https://app.bounce.finance/fixed-swap/8000
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.
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.
2.Governance: PRD holders have the proper to vote to vary parameters, features and developmental roadmaps of the PolkaRoad ecosystem within the future.
3.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.
4.Launchpad: To participate in future projects on PolkaRoad Launchpad, a user must lock a particular amount of PRD to farm lottery tickets.
Why PolkaRoad Made.
PolkaRoad may be a decentralized application platform. one among PolkaRoad ’s most vital products is PolkaRoad DEX — a decentralized exchange that permits users to swap tokens on Polkadot to tokens on other blockchains without the necessity for any centralized organization. additionally , by using the smart farming mechanism, liquidity providers can earn high-yield rewards
For more contact follow this links of the polkaroad wesites and social media
1️⃣Check Website: https://polkaroad.net/
2️⃣Follow Meduim: https://polkaroad.medium.com/
3️⃣Follow Telegram Channel: https://t.me/polkaroad/
4️⃣Follow Twitter: https://twitter.com/polkaroad
And the project is running small bounty for two week if any one interested than they can join it and first week is over they can join the next week.