Decentralized finance, also known as DeFi, is a fast -growing sector of the cryptocurrency industry. Defi gives you the opportunity to grow your investment using complex Defi features such as Staking & Farming However, these Decentralized financial operations are complex and require a highly efficient brain to understand and perform. Many investors are frustrated in crypto when they can't get the same benefits as friends, colleagues, because of your inability to understand all of these DeFi requirements.
PolkaParty is made for you, because this platform allows users to gain access to all DeFi features (swapping, liquidity provision, yield farming, NFT, etc.) just by joining one party.
Why Polka Party?
PolkaParty aims to expand the capital barriers set indiscriminately for active communities. The idea is that each retail investor will no longer suffer the consequences of a drastic drop in the price of public sale tokens, but can participate in seed & private sales by having the right capital to devote to the initial stage project.
The ultimate goal of the entire PolkaParty experience is to allow all users to be easily integrated into the entire DeFi ecosystem, without having to understand many technical things in decentralized finance. Our belief is to create an easy-to-understand user journey, as individuals will have the opportunity to chat, research, and immerse themselves in their respective groups with more experienced figures, who understand the formalities of more profitable methods in crypto.
How Does PolkaParty Work?
The party will consist of members, whose personal wallets are integrated into the party wallet.
Depending on the criteria set by the party, the parties will consist of members who have the right to vote and do not have the right to vote.
A wallet address with voting power will eventually be able to guide the party with voting actions
HouseKeys are generated for all users who create a party (Public or Private), through which users can join the party seamlessly in the main dashboard in the PolkaParties Portal.
HouseKey is required to sign a smart contract, so your wallet will be integrated into the party wallet.
PolkaParty has built a time interval -based model that allows parties created to allow Partygoers to withdraw funds within a specified time period.
From such action, the user will be given a Daily, Monthly, or Yearly Withdrawal Time Order +, to withdraw the profit back to the personal wallet.
Penalty for early withdrawal of funds before the distribution time interval for party members.
What is a Polka Party? The solution is to create a platform that allows anyone to create or join a party with friends, family, and most importantly DeFi veterans, navigating a landscape of endless benefits from smart decisions.
You will no longer be frustrated with DeFiety (DeFi-Anxiety), or FOMO being a bad move for not understanding what to do, because you will be able to research, chat, and choose with your peers.
PolkaParty aims to create a profitable DIY DAO (Party) service designed as a convenient path for all participating party members to raise their funds for various financial activities and features.
PolkaParty provides an unprecedented platform to join your friends and make a real wave in the market. Not only will you be competing for a sweet profit, but we aim to create a competitive environment that rewards the most loyal and passionate parties.
Social Council This Social Council
will outline the competitive ranking of each party, as well as the categorical growth of the party in terms of funds, members, activities. The platform will begin to grow organically in volume, users, and activity as a whole, as well as in competitive associations with each party. It is important to take advantage of the competitive spirit of these Partygoers, as members will be very proud of their personal relationships with popular and well-liked parties. This distinct quality is the reason for the Social Council, an exclusive dashboard for Party Visitors to have fully accessible data based on the rankings, funding, and growth of the top parties on the platform.
PolkaParty Gifts & Gifts
After the collection of the daily distribution cost, the total amount that has been collected will be paid back to the user, up to 50% of the total daily distribution cost collected on the platform, which risks POLP on the platform. If the volume & number of trades increases on each side, the bonus/payment of holding POLP will also increase.
What is a Polkaparty POLP token?
POLP is the governance token of PolkaParty and the main catalyst behind most of the platform's products and features. All protocol management decisions are made by POLP holders: from new products to rebalancing assets, strategy, and integration. POLP allows its holders to take control of their financial future.
token POLP
This token will serve as a common token for the entire PolkaParty ecosystem. Tokens can be used for governance and will be the main catalyst for most platform products and functions.
In addition, you can make protocol management decisions, ranging from new product decisions to integration.
Tokenomics
Tokenomics
Road map
Project team
Conclusion
In conclusion, I would say that this project should undoubtedly be one of the keys to connecting your friends and relatives to communicate, contact, compete, and make money together. You will have the opportunity to create a shared family wallet, where you will be able to customize the management for each member.
You will be part of a team, each of you will be able to make your own decisions about common issues, for example, what coins to invest, or when to buy or sell, for example. In addition, a competitive environment will be created, where the most active will win.
In general, only you can make the decision, but I advise everyone to familiarize themselves with the project and visit the links to their resources below.
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