PolkaBridge is a decentralized finance (DeFi) platform that is designed to facilitate cross-chain DeFi services and aims to provide users with a range of decentralized financial products that include:
- P2P Exchange. You have the option to exchange tokens using your non-custodial wallet through peer-to-peer decentralized exchange.
- Multichain AMM. Enjoy a multi-chain and cross-chain AMM experience with competitive fees and over 100 token pairs to trade with.
- Launchpad. You have the opportunity to join the initial DEX offering of projects that have been carefully chosen by the PolkaBridge team for their strong fundamentals.
- Deflationary Farming. 0.5% of each transaction is distributed as a reward to liquidity providers, and a portion is also burned.
- PolkaBridge Staking. Don’t limit yourself to merely holding tokens; instead, engage in staking and increase your rewards through PolkaBridge.
$PBR coin is the native asset of the PolkaBridge project. To participate in the IDO, you must stake a minimum of 10,000 PBR tokens, and this staking should occur at least one day before the IDO event.
Here are the staking tiers:
- Tier 1: Stake between 10,000 PBR and 19,999 PBR tokens to share 40% of the total IDO allocation.
- Tier 2: Stake between 20,000 PBR and 29,999 PBR tokens to share 30% of the total IDO allocation.
- Tier 3: Stake 30,000 PBR tokens or more to share 30% of the total IDO allocation.
The Launchpad offers both public and private pools. To access the private pools, you still need to stake PBR tokens. This encourages token holding, boosts demand, and contributes to the token’s overall value capture mechanism. The primary round is initially reserved for PBR stakers, who receive the majority of the allocation. If the first round doesn’t sell out completely, the IDO then moves on to the public round, where participation is open to everyone.