PolkaStation — Helps The Investors Form A Web 3.0 Enthusiastic Community Around Various Projects In The NFT/DeFi Space
Helps The Investors Form A Web 3.0 Enthusiastic Community Around Various Projects In The NFT/DeFi Space
How Web 3.0 Is Expanding The Reach Of Blockchain
Blockchain technology is poised to change how you live, and the way store information is a perfect example of this. With blockchain technology, information is stored in a public ledger, which allows for increased authenticity and security in data. This can be used in any number of ways, such as in the storage of personal information or even credit card numbers.
In addition to being more secure, blockchain technology gives users greater control over their data. Users are able to decide who has access to their information, and what they can do with it.
By offering more security than current systems, blockchain technology has led to the development of Web 3.0 — also known as “The Internet Of Value”. With Web 3.0 users have more control over their data and how it’s used.
Additionally, Web 3.0 allows for more interactivity between users and websites, which leads to greater flexibility for both parties involved. This increased interactivity has been an important step in making The Internet Of Value accessible to a wider audience than ever before.
Web 3.0 refers to the next generation of the World Wide Web, which is characterized by an increase in interactivity between different users and sites, as well as a heightened level of security.
This is accomplished through the use of blockchain technology, which creates a reliable source of authenticity for information, as well as more secure transactions between users.
By using blockchain technology, Web 3.0 is able to reach a wider audience than ever before. PolkaStation recognizes this fact and has taken advantage of it by allowing users to put their assets up for staking within the bounds of their ecosystem.
The Concept Of PolkaStation
Polkastation’s aim is simple. It wants to be the one-stop shop for all your DeFi needs — whether that’s having an easy place to store your cryptocurrencies, or a place where you can get access to the best rates on loans and other funds.
Already, there are plenty of DeFi services out there, but Polkastation has a leg up on the competition thanks to its innovative decentralized autonomous organization (DAO), which allows it to provide users with a more streamlined way of interacting with the new economy.
What is PolkaStation?
PolkaStation will be the first decentralized cryptocurrency exchange that will provide the ability for any individual to operate a cryptocurrency exchange in the web 3.0 space. This is achieved through Polkastation’s proprietary decentralized autonomous organization (DAO), which would allow for a new type of economic system to emerge that is based on trust, incentivization, and collaboration.
Aims of PolkaStation
Polkastation’s mission is to create an ecosystem where everyone can enjoy using DeFi products and services with ease. The team Polkadot are working towards achieving this vision by releasing Polkastation, a platform that allows users to experience all of their favorite DeFi products in one place. With goal is to create a user-friendly platform that offers a simple experience for both experienced and beginner investors alike!
The Service Of PolkaStation
Swap
PolkaStation’s swap works by creating a smart contract that uses the $POLKAS token and its underlying protocol as collateral. The $POLKAS smart contract then creates an open pool of liquidity where the collateral can be traded with other users.
The PolkaStation DEX is user-friendly and requires no prior knowledge of smart contracts or blockchain technology. All one needs is an Ethereum wallet — which anyone can create in minutes following our simple step-by-step guide — and a couple of minutes to get started on Polkastation DEX. Users can start trading right away without any prior setup or configurations.
NFT Staking
PolkaStation is a multi-functional platform that enables you to create, mint, list, trade, and stake NFTs. All under one roof. The platform consists of four modules: Create, Mint Item, List Item, and Trade Item.
PolkaStation allows the users to attach their NFTs to the NFT staking protocol in exchange for staking rewards. If planning to hold your NFTs for a long time is a wise decision, how about earning passive income for the NFTs you hold? Polkastation makes this possible through the feature of NFT staking.
The NFT creators or holders can stake their NFTs in return for rewards. The development of this feature has made NFTs more attractive than ever, attracting a huge user base.
Tokenized Asset Management & Liquidity Platform
The unique feature about PolkaStation is that it allows traders to make a profit even in the bear market by using the Polkastation AMM engine (Automated Market Making). In the traditional market making model, it’s impossible for traders to make profit when there is a decrease in volume of trade.
PolkaStation holds the investors’ money to make an asset more liquid and a better trade. Yield farming is the time when a liquidity provider waits for the price of an asset to go up.
This ecosystem liquidity minting hub, where you can generate passive earnings by contributing to the liquidity pools. This a way of getting rid of the need for middlemen when farms help with trades. Instead, the liquidity providers add LP tokens to the investment pools and get paid through yield farming.
How You Can Earn Passive Income With The PolkaStation
Traditionally, PolkaStation is an exchange that allows users to trade different digital assets. However, it has recently expanded its horizons to include a feature called Liquidity Pools. This new feature allows users to earn POLKAS tokens by offering their $POLKAS tokens for the liquidity pools of PolkaStation Exchange.
The first pool has a locking period of 30 days and offers an APR of 30%, while the second pool has a threshold lock-in of 60 days and offers a 50% APR.
Polkastation’s IDO balance staking pool allows you to earn from your IDO balance, in return for $POLKAS tokens. The staking pool will allow you to earn on any amount that you hold, as long as your IDO balance exceeds the threshold set by the staking pool.
Finally, PolkaStation Brings Safe, Secure & Sustainable Crypto Assets
Overall, PolkaStation is a state-of-the-art blockchain technology that is multipurpose, multiproduct, and multi-chain. This ecosystemlooks to revolutionize the blockchain industry with the right amount of innovation and resourcefulness.
PolkaStation provides a cutting-edge product in the blockchain space. It helps companies who want to deploy their decentralized applications to launch them successfully. The best part is that it does not need any transaction fee for transactions on its network. That makes it a great competitor for the top few cryptocurrencies in the market.
If you interest, crypto enthusiast, and want to build crypto asset with PolkaStation, follow link below for update:
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BTT Username: Asharavin
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TELEGRAM: @Asharavin
Wallet: 0xBE1a7aE3EEf1f49CA652B6BFcf570F53E7B8C599
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