PolkaParty - The Ultimate Gateway to Accessing DeFi Opportunities Without Barrier
Blockchain technology has reinvented so many sectors of human endeavors, particularly finance. With decentralized finance, shortened as DeFi, there have been tremendous growth in the sector as users can now control their finance while having access to various traditional financial instruments. From swapping, liquidity provision, staking, and now non-fungible tokens (NFTs), users can explore and exploit the vast potential trapped in DeFi.
The Problem
Despite the vast opportunities available in DeFi ecosystem, there are billions of people around the world who yet to know or utilize DeFi features. This is not unconnected to the intricacies and technicalities of DeFi terms. The world of crypto is dominated by Gen-Z and millennials leaving behind the older generation, which greatly limits the global adoption of cryptotechnology.
The Solution
PolkaParty has developed an innovative solution that caters for every category of users, newbie or experienced, to easily access the entire DeFi features by simply joining a single party - Yes, party.
What’s PolkaParty?
PolkaParty is a decentralized platform that enables anyone to access any DeFi features without the limitation of the underlying technicalities and capital barrier. PolkaParty is designed to be a chain-agnostic platform giving its users, the partygoers, an opportunity to access and harness DeFi opportunities across different chains. The platform empowers users to create and join groups, called parties, which brings together individuals with varying degrees of expertise and knowledge of DeFi, veterans and newbies, to interact, network, share knowledge, and pool funds together to participate in high quality DeFi investments.
Unique Features of PolkaParty
Group Financing Model
PolkaParty is built primarily on the philosophy of crowdfunding, whereby users within a group can pool funds together to participate in the investment of early stage crypto startups such as seed sales, private sales and presale. This model solves a major problem for an average investor or newbie who does even have access to promising projects nor able to afford the minimum fund required to invest in such projects.
By leveraging the power of group, users within a party can pool funds together using a multisig wallet to form a “party”
with which they can build a form of venture capital to access the limitless opportunities in DeFi world.
Decentralized Autonomous Organization (DAO) - Based Platform
PolkaParty fundamentally integrates DAO into its platform, enabling user-focused group creation. Each group or party exists as a DAO where decentralization and democratization are paramount. The group members can select or delegate authority to one person who makes investment decisions for others (monarchy group) or choose a number of representatives to make investments decisions on behalf of others (Republic group).
In essence, each group decides what's best for it, and operates independently of others.
Interoperability Design
One of the high points of PolkaParty is its chain agnostic design. The platform aims to enable partygoers access DeFi opportunities across different chains, whether Ethereum, Binance Smart Chain, Polkadot or HECO. This feature will enable POLP token to be available across different chains, thus capturing more value for partygoers.
Gamified Platform
PolkaParty also explores a gamification model for ro build its ecosystem and make going to parties fun on the platform. Users can join and complete social objectives to earn points, ranks, badges, awards, and rewards paid in POLP tokens - the native token of PolkaParty platform.
POLP Token
POLP is PolkaParty's native token, based on ERC-20 standard, that fuels the use case and utilities of the platform. The platform presents various use cases to which POLP is pivotal such as launchpad participation, yield farming, crowdfunding, lending, and investment pools.
POLP serves as the governance token of the platform and therefore drives main catalyst behind a majority of platform products and features.
POLP has a total supply of 200 million tokens and currently trades on Uniswap.
Conclusion
Are you a newbie in crypto, an influencer or a veteran? PolkaParty is created and open to anyone who desires to explore the landscape of DeFi in order to grow their wealth and enjoy the ultimate DeFi experience.
Explore, make profits, and have fun with PolkaParty.
Links
Use the following links for more information on PolkaParty:
WEBSITE || TWITTER || TELEGRAM || MEDIUM
AUTHOR
BTT username: Mr.Noda
BTT profile link : https://bitcointalk.org/index.php?action=profile;u=1297923
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