Party with PolkaParty
If you are a crypto user then you know more or less how the DeFi platform works. Usually, users will struggle alone on the DeFi platform, they are frustrated, face FOMO, and other problems alone and have no friends to accompany them. This issue caught the attention of PolkaParty, to provides a platform that allows users to join parties with friends, colleagues, or even their next-door neighbors. PolkaParty is a DeFi platform built specifically for crypto users who want to find out more about DeFi terms. Here users can access all features of DeFi such as swapping, liquidity providing, yield farming, NFT's, etc, by just joining a single party. Everyone can create their own party or join another party with their friends.
Since this is a "party", everyone is allowed to chat with other users. PolkaParty makes it easy for users to research, chat, and vote with their fellow partners. With a solution like this, users no longer need to stress or frustrate themselves in dealing with DeFi-Anxiety or FOMO.
PolkaParty Features
PolkaParty is a platform that provides various DeFi features which will help users to gain access to modern and inclusive financial services. Here users can create parties or join other people's parties and have fun with them. But that's not all, there are several other features of PolkaParty:
- Decentralized Autonomous Organizations: Running in a decentralized ecosystem, PolkaParty allows all participants to participate in the governance platform by voting.
- User-friendly: The team developed PolkaParty with a modern, clean, and user-friendly interface, where users can navigate easily without any hassle.
- Play: Users can earn POLP prizes by participating in Yield Farming DAO's, Social Board Objectives, Gift Bags, and other services.
- Win: Users can earn rewards on their way to become the #1 party. The leaderboard system, it encourages users to be able to compete in a healthy environment.
Tokenomics
PolkaParty launched a governance token under the name POLP which will become the main token of PolkaParty. Because POLP is a governance token, POLP holders have the right to participate in new products to asset rebalancing, strategies, and integrations by voting. Here everyone has the right to become a board member. POLP can also not only be used as a governance token but can also be used for staking to earn passive income. By staking, users will get a daily bonus called Gift Bags. The reward that users get is 50% of the PolkaParty platform distribution fees. The more tokens staked by users, the greater the reward they will get.
Features of Polkaparty
- Yield Farming - Parties specifically for yield farming will be available on PolkaParty where a governed wallet will supply the liquidity. This allows users to share greater rewards farming together than if they were farming by themselves.
- Lending - PolkaParty will allow users to borrow funds from parties without withdrawing their investments. Users will have access to funds without impacting their credit scores, with more flexible repayment options, as well as instant approval for collateralized loans.
- Crowdfunding - Crowdfunding on PolkaParty will be available to allow users to connect with each other over common interest tokens and projects. This feature will be beneficial to get involved with the community and share in greater returns on investments.
- ICO Launchpad - PolkaParty will feature upcoming ICO projects and allow them to create parties to join and help raise liquidity to fund them, as it is becoming a popular choice for new projects to raise capital through crypto launchpads.
- Property Investment Pools - Investment pools are a great way to bring tangible investments into the crypto world reducing the entry barrier into the property market. This will also allow people all over the world to invest in properties in countries they may not have previously had access to.
How PolkaParty Works?
- Parties will consist of members, whose personal wallets are integrated into the party's wallet.
- Depending on party set criteria parties will consist of members who have voting power and nonvoting power.
- Wallet addresses with voting power will ultimately be able to provide party guidance by voting actions
- HouseKeys are generated for all users that create a party (Public or Private), through users can join the party seamlessly on the main dashboard within the PolkaParties Portal.
- HouseKey is required to sign the smart contract, so your wallet will be integrated to the party wallet.
- PolkaParty has constructed a time interval based model which permits party's that are created to allow for Partygoers to be able to withdraw funds within a placed time period
- From the actions of the party, a user will be given a Daily, Monthly, or Yearly + Fund Withdrawal Time Sequence, to withdraw profits back to a personal wallet.
- Penalty for withdrawing funds early before the time interval of distribution for party members.
To conclude
Most crypto users are stressed and frustrated by themselves in dealing with DeFi-Anxiety or FOMO, or other problems on the DeFi platform. It's good if crypto users can join the DeFi platform with their friends. And PolkaParty is here as a platform that will provide all the features of DeFi such as swapping, liquidity providing, etc. The solution offered by PolkaParty is a platform that allows users to join parties with their friends and get rewards for their activities. Users can research, chat, and vote with their fellow partners easily. This way, they no longer have to deal with problems like DeFi-Anxiety or FOMO on their own since they can join the party they want.
Read More Here
Website: https://www.polkaparty.io/
Telegram: https://t.me/PolkaParty
Twitter: https://twitter.com/Polka_Party
Medium: https://polkaparty.medium.com/
Creator
BTT name: nbeluga
BTT profile: https://bitcointalk.org/index.php?action=profile;u=2540283
ETH: 0xdeb6BA12A8e7e68867BC26D575891e46a69b3F14
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