PolkaParty

 

PolkaParty is creating a seamless user-friendly experience for governance, as we will expand the DeFi ecosystem

 

Abstract  Polka-dot is one of the most popular chain technologies today. It is a chain developed by the co-founders of Ethereum, whose goal is to create the internet of an interoperable blockchain for a decentralized web. Polkadot consists of a multi-chain network, which operates and synergizes together to create a decentralized ecosystem that is reliable and better than networks like Bitcoin, which operate on their own.
Today, the polka dot chain technology has been adopted by quite a number of crypto platforms around the world. Seeing the development of Polkadot, PolkaParty took the initiative to present a platform that allows users to gain access to all DeFi features just by joining one party. PolkaParty will expand the Polkadot ecosystem, with a user-friendly social network that will provide various features that will empower users in it. Users can join parties, get gifts and have fun here.


Party with PolkaParty  If you are a crypto user then you more or less know 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 provide a platform that allows users to join parties with their friends, colleagues or even next door neighbors. PolkaParty is a DeFi platform created especially for crypto users who want to know more about DeFi terms. Here users can access all DeFi features like swapping, liquidity provisioning, yield farming, NFT, etc, just by joining one 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 be stressed or frustrated with DeFi-Anxiety or FOMO.

How Does PolkaParty Work?

  1. Parties will consist of members, whose personal wallets are integrated into the party wallet.
  2. Depending on the criteria set by the party, the parties will consist of voting and non-voting members.
  3. Wallet addresses with voting power will eventually be able to provide party guidance with voting actions
  4. HouseKeys are generated for all users creating parties (Public or Private), through which users can join parties seamlessly on the main dashboard within the PolkaParties Portal.
  5. HouseKey is required to sign a smart contract, so your wallet will be integrated into the party wallet.
  6. PolkaParty has built a time interval based model that allows created parties to allow Partygoers to withdraw funds within a set timeframe.
  7. From the action of the party, the user will be given a Daily, Monthly or Yearly + Withdrawal Time Sequence, to withdraw the profits back to the personal wallet.
  8. Penalty for early withdrawal of funds before the distribution interval for party members.

Feature 

PolkaParty PolkaParty is a platform that provides various DeFi features that 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 Organization:   Running in a decentralized ecosystem, PolkaParty allows all participants to participate in the governance platform through 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 rewards by participating in Yield Farming DAO, Social Leaderboard Goals, Gift Bags and other services.
  • Win:   Users can earn rewards on their way to become the #1 party. Leaderboard system, encouraging users to be able to compete in a healthy environment.

Tokonomics

 

  • Token Name:   POLP
  • Total Supply:   200,000,000
  • Private Sale :   500,000 (20 million Tokens)
  • Public Sale:   250,000 (781 NFT) (7.81 million tokens)
  • Private Selling:   $0.025
  • POLP at launch:   $0.032

Conclusion 

Polaparty, where you, your friends and family can all share a wallet with customizable built-in governance. As a collective, you can all be part of the big decisions that involve what coins you want to invest in or when you feel the time is right to sell. Polkaparty also has a leaderboard system set up with weekly prizes for whichever side has the most profits based on their percentage.

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