Last Updated: 10/06/2022
Official Website: https://polkastarter.com/
Polkastarter is a blockchain platform planned to give an easy-to-use launchpad for cross-chain token pools and auctions. It is most used by early-stage blockchain projects that want to increase capital and easily hand out their tokens at the same time.
Through Polkastarter, blockchain projects can comfortably create their own cross-chain swap pools, which allow them to securely increase funds, while users can invest without any risks, since swaps are automatically executed by smart contracts.
$POLS is the original utility token of the Polkastarter platform and plays several roles in its ecosystem, being used for liquidity mining, governance, paying transaction fees, and gaining eligibility to engage in POLS-holder only pools. The platform first went live in December 2020 and has quickly grown to become one of the most used platforms for initial DEX offerings (IDOs). As of January 2022, Polkastarter runs on the Ethereum blockchain.
The platform provides an opportunity for various cryptocurrency projects to raise funds by setting up a swap pool based on a fixed purchase rate for tokens. These fixed swap pools have many advantages for token sale investors over traditional models like ICOs, IEOs and IDOs. These fixed pools maintain token price until the whole supply is bought.
Powered by the Polkadot ecosystem, Polkastarter brings the possibility of making both fixed swap pools and croos-chain swaps, resulting in higher throughput for faster and cheaper transactions while staying connected to the Ethereum Network and other blockchains for liquidity.
There are more than 100 funded projects on Polkastarter to date. Top successors include:
One wallet provider for Polkastarter (POLS) token holders can be Trust Wallet – a multi-currency mobile wallet that enables users to simultaneously store a variety of digital assets in one place. Popular among traders and gamers, the beginner friendly mobile wallet may be appropriate for users looking for a convenience and accessible app, with trusted security and backup options.
Similarly, a user-friendly option to keep your $POLS secure can include MetaMask, a leading browser wallet extension popular amongst DeFi platforms and highly praised by developers. Users can integrate with the network’s Liquidity Mining pools by connecting your MetaMask wallet.
You can Buy & Sell Polkastarter (POLS) by heading over to the Buy Coins page of our website. Polkastarter (POLS) is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying Polkastarter has never been easier, simply place your order and provide your wallet address.
Once your payment arrives Polkastarter will be sent directly to your wallet. If you choose to Sell Polkastarter (POLS) you can send us the coins and receive a payment to your bank account. Details and valuation can be found on the Sell Coins page.
Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.