PolkaParty expands the DeFi ecosystem

tanzila1 (25)in #blockchain • 3 years ago (edited)

What is PolkaParty?

The solution is to create a platform that allows anybody to create or join a party with respectable friends, family, and most importantly DeFi veterans, navigating the landscape of endless profits from the smart decisions.

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No longer will you be frustrated with DeFiety (DeFi-Anxiety), or FOMO into bad moves from not understanding what to do, since you’ll be able to research, chat, and vote with your fellow partiers
PolkaParty aims to create a favorable DIY DAO (Parties) service that is designed as a convenient passage for all participating party members to pool their funds for various financial activities and features.
PolkaParty provides a never-before-seen platform to join your friends together and make true waves in the market. Not only will you be competing for sweet gains, but we aim to create a competitive environment that rewards the most loyal and driven parties.

Why PolkaParty?

PolkaParty aims to expand the capital barriers that are indiscriminately set for active communities. The idea is that respective retail investors are no longer going to suffer the consequences of drastic drops in public sale token prices, but rather be able to participate in seed & private sales by having the proper capital in devoting to early-stage projects.
The ultimate goal throughout the PolkaParty experience is allowing all users to become easily integrated into the entire ecosystem of DeFi, without having to understand the vast amount of technicalities in decentralized finance. Our belief is in creating an easy-to-understand user journey, as individuals will have the opportunity to chat, research, and immerse themselves in a respective party with more experienced figures, who understand the formality of more lucrative methods within crypto.

Features of Polkaparty

Yield Farming — Parties specifically for yield farming will be available on PolkaParty where a governed wallet will supply the liquidity. This allows users to share greater rewards farming together than if they were farming by themselves.

Lending — PolkaParty will allow users to borrow funds from parties without withdrawing their investments. Users will have access to funds without impacting their credit scores, with more flexible repayment options, as well as instant approval for collateralized loans.

Crowdfunding — Crowdfunding on PolkaParty will be available to allow users to connect with each other over common interest tokens and projects. This feature will be beneficial to get involved with the community and share in greater returns on investments.

ICO Launchpad — PolkaParty will feature upcoming ICO projects and allow them to create parties to join and help raise liquidity to fund them, as it is becoming a popular choice for new projects to raise capital through crypto launchpads.

Property Investment Pools — Investment pools are a great way to bring tangible investments into the crypto world reducing the entry barrier into the property market. This will also allow people all over the world to invest in properties in countries they may not have previously had access

Polkaparty Governance of funds action in 4 models.

Democracy — Democratic parties are used to even the playing field and manage a group regardless of who, where, and how much. Democratic parties are straightforward, everyone gets an equal vote. Democratic parties use multisign wallets as a form of governance in which each registered, active, address is entitled to confirmation of transactions sent to the EVM. This is one of the most technically basic forms of party governance.

Weighted Democracy — Weighted Democratic models aim to provide alternative solutions to fund governance. In this model, users hold private interest in a party and can track their percentage of Party Power. It is simple, the higher proportion of the party that a partygoer owns the more power he has over governing votes. Technically, a weighted party could be compared to an LP pool. The more of the pool you own the higher your percentage of payouts, rewards, and party benefits.

Monarchy — A monarchy is the simplest and most risky type of party. Here at PolkaParty, believe in decentralization and equality, with this in mind, allow Parties to be made that give all of the Party’s governance to be given to one wallet, the Monarchs.

Republic — Republics are game-changing not only because of the ability to manage funds in a trust-less manner but since it is the most efficient way to validate a transaction or decision from the individuals in a small group (like a board of directors) that represents a larger entity. It is the most efficient model because it requires full attention from only a portion of a party. This governance model is the pinnacle of PolkaParty’s innovation since it allows a body of representatives to create and manage their own funds. PolkaParty is heavily focused upon creating a universal experience of properly and sufficiently allocating funds to at-large investments.

Tokonomics

Token Name: POLP

Total Supply: 200,000,000

Private Sale : 500,000 (20 mil Tokens)

Public Sale: 250,000 (781 NFTs) (7.81 mil tokens)

Private Sale: $0.025

POLP at launch: $0.032

PolkaParty expands the DeFi ecosystem

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