Polkastarter is a blockchain system that enables a simple launchpad for cross-chain token pools and bids.
Polkastarter has increased by 6.16 percent in the previous 24 hours. CoinMarketCap currently ranks #333, with a live market cap of $146,400,605 USD. There are 75,301,332 POLS coins in circulation.
About Polkastarter POLS
In Polkastarter’s ecosystem, POLS is utilized for liquidity mining, governance, processing fees, and obtaining eligibility to contribute in POLS-holder-only pools among other things.
With Polkastarter, blockchain schemes can simply build their own cross-chain swap pools, allowing them to raise cash in a safe manner while allowing users to participate without risk because swaps are automatically implemented by smart contracts.
POLS/WETH and POLS/USDT are by far the most liquid cryptocurrencies pairings. There is no straight fiat to POLS trading pairings available at the moment, whilst you need to buy BTC using fiat first and then swap it for POLS.
What is Polkastarter POLS?
Polkastarter’s core product is its fixed swap smart contract, which enables projects to quickly create liquidity pools that execute orders at a given price — as opposed to the AMM approach popularised by Uniswap.
Polkastarter will be replaced by Polkadot. This transition will be made possible by Polkastarter’s relationship with Moonbeam, which will allow the team to quickly transfer its existing Ethereum-facing code to Polkadot.
Activities on Polkadot will instead be secured using Polkadot’s hybrid consensus process, which consists of GRANDPA and BABE.
Who Are the Founders of Polkastarter POLS?
Polkastarter’s management team has almost three decades of total expertise in IT businesses. It was co-founded by Daniel Stockhaus and Tiago Martins, who presently serve as Polkastarter’s CEO and CTO, respectively.
Aside from the leadership team, the Polkastarter team comprises a number of highly skilled advisers and other non-public personnel.
What Makes Polkastarter POLS Unique?
The platform is built to support a variety of auction formats, including sealed-bid and Dutch auctions, as well as fixed and dynamic ratio swaps. This makes it appropriate for bitcoin projects seeking funding, as well as a number of other use-cases such as private transactions, OTC deals, and reduced sales.
Other major aspects of the platform include uncensorable lists, anti-scam abilities, full KYC incorporation, and liquidity mining.
The platform initially went online in December 2020 and has swiftly evolved to become one of the most often utilized venues for initial DEX offerings (IDOs). Polkastarter is now operating on the Ethereum blockchain, but will soon transfer to the Polkadot mainnet.
Where Can You Buy Polkastarter POLS?
Despite being a very new coin, POLS may be traded on a wide number of notable cryptocurrency exchanges, including Huobi Global, Gate.io, and Poloniex. It’s also accessible on the majority of large distributed ledger technologies, such as Uniswap, 1inch, and 0x Protocol.
Frequently Asked Questions About Polkastarter POLS
How Many Polkastarter POLS Coins Are In Circulation Currently?
Out of an actual amount of 100 million tokens, 56.5 million POLS were all in distribution as of February 2021.
What Security Measures Do the Polkastarter POLS Take?
Polkastarter is built on the Ethereum network, and POLS is an ERC-20 token. As a result, it is protected by Ethereum’s massive proof-of-work (PoW) hashing mechanism, which employs thousands of miners and nodes to keep the network safe.
On What Factors Does The Price Of The Polkastarter POLS Depend?
Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact POLS’s price and market cap.
After the sheer appraisal in the field of trading which is around 100% in just a matter of a certain countable transitional month, cryptocurrencies have suffered an intense depreciation due to their uncertain market nature.
Therefore, it’s wide enough to quote that Polkastarter POLS tokens have been upgraded to a new all-time high translation volume of almost $1.93 U.S Dollars per token.
In a nutshell, it is safer to say that Polkastarter POLS has blessed online traders to enjoy trading luxuries globally with the provision of ease through its secure, diverse, and viable transactional policies.
Polkastarter POLS Official Website –https://www.polkastarter.com/
Polkastarter POLS Twitter –https://twitter.com/polkastarter
Polkastarter POLS Medium –https://medium.com/@polkastarter