About Polkabridge Airdrop
With Polkabridge Airdrop , you can swap tokens on DOT platform to tokens on other chains and vice versa. Users will be able to earn by adding liquidity, lending and more other ways simply.
PolkaBridge is a decentralized software platform. PolkaBridge’s maximum substantive product is PolkaBridge DEX – a decentralized trade that permits customers to switch tokens on Polkadot to different ones on different blockchain structures with none centralized organizations. Also, with the clever farming mechanism, liquidity carriers can earn extra rewards than they think.
Polkabridge Airdrop is airdropping a complete of one million PBR tokens to the airdrop participants. Complete easy social duties and post your information to the airdrop shape to acquire 50 PBR tokens. Also get 50 PBR for every referral.
| Airdrop Start | Airdrop Ends | KYC | Website |
|---|---|---|---|
| 2021-01-11 | 2021-02-28 | KYC for users is NOT a requirement | Click Here To Visit |
How It Work
Swapping
Each swap action includes 2 transactions on 2 platforms of swapped tokens through pools.
Farming
Each PBR transaction has a small fee includes:
– 90% shared for farmers (liquidity providers on our dApp).
– 10% burned.
Secure
Polkabridge Airdrop is becoming more popular and offers great value for cryptocurrency investors. The total value locked (TVL) in Defi has reached more than 10B $ in 2020. However, there is still a problem that Defi has a lot of flaws and hackers have exploited, huge damage to the user. There are several solutions that PolkaBridge will implement to maximize the level of system security:
- Smart contract audit: All of PolkaBridge’s smart contracts, before running the mainnet, will be fully audited by reputable third party such as Quantstamp, CerticK, Consensys …
- The system monitors transactions on dApp: Detecting unusual transactions, such as large volume transactions, high frequency transactions in a short time, the actions of whales,…
- Pause contract system immediately if something goes wrong
- Reserve fund for compensation if any loss occurs
PBR Token
Polkabridge Airdrop is a native token in PolkaBridge ecosystem. The main features of the PBR token in the PolkaBridge ecosystem:
- Rewards for farming: Like other Defi platforms, there will be many pools to farming. Liquidity providers will earn an amount of PBR corresponding to total amount of liquidity that he added.
- Governance: PBR holders have the right to vote to change parameters, features and development roadmap of the PolkaBridge ecosystem in the future.
- Lending fee: Using PBR as fee to borrow on PolkaBridge Lending, the user will receive a 50% discount, and the remaining 50% will be burned to optimize deflation mechanism.
- Launchpad: To participate in future projects on PolkaBridge Launchpad, a user must lock a certain amount of PBR to farm lottery tickets. In addition, PBR plays an important role in the development and expansion of the PolkaBridge ecosystem in the future. Marketing strategies, bounty, listing exchanges … will all use PBR as rewards and fees.
Ecosytem: 30% (30M).
This fund is used to develop the ecosystem of PolkaBridge, including: Functions will develop in the future, issues related to Legal, Development … 30M tokens in the Ecosytem fund will be unlocked 1M tokens per month since TGE. Therefore, it takes 30 months.
Marketing, Airdrop, Bounty: 20% (20M):
This fund is used to implement marketing campaigns, advertising, bounty,… for the purpose of developing the community, products and ecosystem of Polkabridge Airdrop . 1M tokens will be released every month since TGE.
Team & Foundation: 20% (20M).
This fund is shared for the founders and developers of PolkaBridge. All of them will be locked for 2 years. The release schedule is 5M tokens every 6 months since TGE. All the lock and unlock tokens will be done automatically.