PolkaParty the whole DeFi ecosystem
Due to the nature of the party (of DAO) and fully believing in having a seamless admin experience for users, PolkaParty built a model based on the time period that allows created parties to allow party Users. can be drawn within a specified time, set when the batch is first created. During this separate period, users can withdraw + their respective profits allocated to their wallet connected to the party. From party action, user will be given Daily, Monthly or Yearly Withdrawal Sequence + to withdraw profit to personal wallet.
PolkaParty aims to expand the capital barriers that are set indiscriminately for active communities. The idea is that individual retail investors will no longer suffer the consequences of a drastic drop in the price of public token sales, but instead can participate in seed & private sales by having the right capital to devote to early stage projects.
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 a lot of the technicalities of 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 personalities, who understand the formalities of the more profitable methods in crypto.
Polkaparty Features
- Yield Farming — A dedicated party for produce farming will be available on PolkaParty where a regulated wallet will supply liquidity. This allows users to share a greater reward when farming together than if they farmed alone.
- Loans — PolkaParty will allow users to borrow funds from parties without withdrawing their investment. Users will have access to funds without affecting their credit scores, with more flexible payment options, as well as instant approval for secured loans.
- Crowdfunding — Crowdfunding on PolkaParty will be available to allow users to connect with each other through tokens and projects with similar interests. This feature will be beneficial to engage with the community and share a greater return on investment.
- ICO Launchpad — PolkaParty will showcase upcoming ICO projects and allow them to create parties to join and help increase liquidity to fund them, as it becomes a popular choice for new projects to raise capital through crypto launches.
- Property Investment Pools — Investment pools are a great way to bring real investment into the crypto world reducing barriers to entry into the property market. It will also allow people around the world to invest in property in countries they may have never had access to before.
What is Party Offense?
Penalty for early withdrawal before distribution time to party members. Since there will be times when a Party Participant withdraws funds before the distribution period, PolkaParty allows this action from a consistent rate according to the basis of the time period, which was initially set for the party. Simply put, Parties withdrawing funds outside the distribution period will receive less fees for taking fewer days off, according to any distribution period.
How Does PolkaParty Work?
- Parties 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 voting and non-voting members.
- Wallet addresses with voting power will eventually be able to provide party guidance with voting actions
- 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.
- 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 created parties to allow Partygoers to withdraw funds within a set timeframe.
- From such party's action, the user will be given a Daily, Monthly or Yearly + Withdrawal Time Sequence, to withdraw the profits back to the personal wallet.
- Penalty for early withdrawal of funds before the distribution interval for party members.
Tokonomics
Nama Token: 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
Read more here
Website: https://www.polkaparty.io/
Telegram: https://t.me/PolkaParty
Twitter: https://twitter.com/Polka_Party
Media: https://polkaparty.medium.com/
by ; Viona8 link: : https://bitcointalk.org/index.php?action=profile;u=2579952
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