Polkastarter is a blockchain platform designed to provide an easy-to-use launchpad for cross-chain token pools and auctions. It is most commonly used by early-stage blockchain projects looking to raise capital and easily distribute their tokens at the same time.
What is Polkastarter (POLS)?
Through Polkastarter, blockchain projects can easily create their own cross-chain swap pools, allowing for secure fundraising while users can make risk-free investments as swaps are automatically executed by smart contracts.
POLS is the native utility token of the Polkastarter platform and plays a series of roles used in its ecosystem for liquidity mining, governance, payment of transaction fees, and eligibility to participate in POLS holder-only pools.
The platform initially launched in December 2020 and quickly grew to become one of the most commonly used platforms for Initial DEX Offerings (IDOs). As of February 2021, Polkastarter operates on the Ethereum blockchain but will eventually transition to the Polkadot mainnet.
Polkastarter’s main offering is the fixed swap smart contract, which allows projects to easily launch liquidity pools that execute orders at a fixed price instead of using the AMM model popularized by Uniswap.
Designed to process a variety of auction types, including both fixed and dynamic rate swaps, as well as closed offerings and pair auctions, the platform is suitable for various other use cases including private transactions, OTC deals, and discounted sales for crypto projects looking to raise funds.
Beyond this, the platform’s other key features include permissionless listings, fraud prevention capabilities, full KYC integration, and liquidity mining.
Polkastarter boasts an executive team with over thirty years of combined experience in technology companies, co-founded by Daniel Stockhaus and Tiago Martins, who currently serve as CEO and CTO, respectively.
How to Buy Polkastarter Coin?
POLS Coin can be quickly and securely purchased through Binance, the world’s largest cryptocurrency trading platform by transaction volume.
To buy POLS Coin, one must first sign up for Binance and then send fiat money. Following the transfer of a fiat currency like the Turkish Lira or the dollar, the purchase of POLS can be made in its trading pairs with Bitcoin (BTC), Binance Coin (BNB), Tether (USDT), and BUSD.
Additionally, on Binance, users can place an order to buy at not only the market price but also at a lower price. To do this, simply use the Limit tab and enter the amount and price you wish to buy at.
