Polkastarter (POLS) Coin is a blockchain platform designed to provide an easy-to-use launchpad. Polkastarter was co-founded by Daniel Stockhaus and Tiago Martins. The local token of the project is POLS. POLS Coin is a cryptocurrency that meets the liquidity needs of the platform and also meets the immediate governance needs.
The purpose of the Polkastarter project is to fix the price of the liquidity capital instead of using the AMM model, thanks to Uniswap, to provide the swap agreement. Apart from closed bidding, the project also aims to use fixed and dynamic rate swaps. It enables projects to create multi-chain token pools while raising funds and growing their communities.
Polkastarter has helped raise millions of dollars in funding and have developers make their projects public. Auctions can be organized within the platform with POLS Coin assets. New projects are offered to the public. The platform handles a number of auction types, including both fixed and dynamic rate swaps. The platform can be used for discount sales with developers who want to raise funds for cryptocurrency projects.
POLS Coin is listed on well-known and traded exchanges such as Binance, Mandala Exchange, Hotcoin Global and OKX.
What Are the Advantages and Disadvantages of Polkastarter?
Polkastarter is a popular blockchain project. When the advantages and disadvantages of the Polkastarter project are examined:
Advantages
- There is a decentralized exchange protocol.
- POLS Coin is listed on almost all major cryptocurrency exchanges.
- The project, which was developed to be used for OTC deals and discount sales, as well as cryptocurrency projects, is versatile.
- It ensures the realization of the targets of increasing the capital by maintaining the fixed price until the end of the sale.
- Easy cross-network swaps between tokens.
- As it is a token that is traded on the Ethereum blockchain, the security of many miners and networks is high.
- It is a project that supports data sharing between different blockchains.
Disadvantages
- It has major competitors like Binance Launchpad.
- The local token price varies considerably.
- POLS Coin may need to be stored in the hardware wallet, not the exchange wallet, in case of any theft or attack.
