Latsan
2 min readNov 28, 2021

The Polkabridge Launchpad

The key to maximizing anything is knowing and understanding what it is, and how it works.

A little explanation of how IDOs (Initial Dex Offering) works, and how best to gain from them either through public or private pools/Sales.

What is the Polkabridge Launchpad?

The PolkaBridge IDOLaunchpad basically makes it possible for every PBR token holder (high or low capital investors), to get involved in the latest high yielding crypto-projects, with a high profit margin in their early stage. (which was initially only available to investors with high capital and resources).

Now that Polkabridge has launched the New and improved version of her initial decentralized Offering (IDO),the launchpad V2 has now integrated support for four blockchains — Ethereum, Binance Smart Chain, Polygon and Harmony and is looking to include support for Solana, Cardano and Polkadot.

The Launchpad V1 initially supported IDOs on the Ethereum network alone.

Unlike v1, the new launchpad displays more information on how to use the launchpad and has clear instructions for teams looking to raise funds.

IDOs

An account needs to stake about 500–3000 PBR to be able to participate in IDOs.

There are two rounds for every initial decentralized offering (IDO) featuring public and private pools. The fist and the main round is for users staking PBR, who are entitled to receive the lion’s share of the allocation. If the first round isn’t sold out, the IDO is moved to the public round, where everyone is allowed to participate.

How to participate:

For the private round, Participants would need to note the following:

● Need to stake a minimum amount of 500 PBR

● If the maximum individual allocation for IDO is $300, then

● If Staking from 500 PBR — 1499 PBR tokens, you will have 100$ allocation

● If Staking from 1500 PBR — 2999 PBR tokens, you will have 200$ allocation

● If Staking more than 3000 PBR tokens, you will have 300$ allocation

Community Round

The Community round is only available if the private round isn’t sold out.

Information like the amount allocated and other specific information will be included in the details of each IDO.

Once you open an active IDO, the interface will display the relevant information. There are 2 options, one is to join the pool, and the second to check the compatible blockchain explorer for indepth information about the token for sale.

You then click “Join pool” and prepare to participate if you are eligible.

Latsan

Blockchain enthusiast//Blockchain Ambassador//Content writing.