Features of Polkabridge
Polkabridge is a decentralized finance platform. It is also referred to as an all in one application because it is both a multichain and cross chain platform. Also included in the polkabridge platform is AMM, farming, lending, Launchpad, prediction and many more features.
PolkaBridge was initially built on Polkadot which blockchain protocol with a strong development team, and has many advantages over Ethereum in terms of processing speed and scalability. How can users experience all DeFi applications on many different platforms in one place? This is what PolkaBridge was born for.
In addition, Polkabridge platform has been rated high because the UI is fast, also, there is an exciting multi-chain and cross-chain universe with a deflationary mechanism to keep the PBR token price always on the high side.
For users of the polkabridge platform. There are some exciting feature you would enjoy. These features are;
1. Automated Market Maker (AMM): This is an underlying protocol that facilitates all DEXs. Simply it’s an autonomous trading mechanism that gives Polkabridge a cutting edge with Multichain and crosschain features. The AMM also distributes earning to pools and capitalizes on user slippages.
2. Polkabridge IDO launchPad: The IDO launchpad allows early access of IDO tokens to the investors. With the help of this platform, the majority of the projects can launch their IDO without limitations and restrictions. Now with The IDO launchpad, PBR holders can participate in high yield and promising crypto projects at their early stage.
3. Polkabridge Multi-chain Staking: staking is the process of locking up crypto holdings in order to obtain rewards or earn interest. Polkabridge is built with blockchain technology, in which crypto transactions are verified, and the resulting data is stored on the blockchain. With this feature PBR token holders are able to stake their tokens on different blockchains and earn high annual percentage yields (APY).
4. Polkabridge Lending and prediction: With Polkabridge Lending and borrowing, users would be able to lend their assets for yield generation, borrowers can access capital for certain interest rate. And also, the prediction platform enables users to bet on real time events and earn from winning
5. Deflationary Farming: Farming is a mode of liquidity mining which incentivizes token holders to contribute their tokens into a pool for provision of essential liquidity making trading possible with optimal slippage. The user contributed liquidity is also used for other purposes. They are rewarded by additional tokens in lieu of liquidity support and efficient price discovery.