PolkaBridge Products

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19 Jul 2022

Just before I present the Polkabridge Products to you, you might just want to know what Polkabridge is about.

What is POLKABRIDGE?

Polkabridge is a platform that enables users to swap tokens from the DOT platform to tokens on other chains and vice versa, more like a cross-chain platform.

By adding liquidity to Polkabridge, users would be able to earn rewards. These rewards are not limited to just liquidity providers alone. Users can also earn by lending and farming through the platform. Also, they'll be many more ways to earn rewards from the platform.

Some characteristics of Polkabridge are:

It is Decentralized: Users are fully in control of their crypto assets. You can trade your tokens from wallet to wallet.

It is Secure: The security of your funds is assured, this has been made possible by an open smart contract.

It has high Performance: The platform’s user interface(UI) is simple and easy to navigate through. Also, its speed is second to none.

It is fully Audited: The contract is fully audited by Certik.
Polkabridge has a native token which has a ticker represented by PBR. The PBR has several use cases which are listed below

As Farming and Staking Rewards: Users can earn yields in PBR for staking PBR on https://stake.polkabridge.org/. Also, by adding liquidity to the PBR-ETH and USDC-USDT pools, you can stake your LP tokens on https://farm.polkabridge.org/#/ to earn PBR.

As Lending Fees: Fees paid during lending are done using the PBR tokens.

Fund Raising: By staking at least 500 PBR tokens, you stand a chance to take part in IDOs carried out on PolkaBridge’s launchpad. It must also be noted, that the more PBR staked, the higher your allocated share for the IDO.

Products owned by Polkabridge

The PolkaBridge has several products it offers to the crypto space as a whole and I would be introducing you to them in detail.

Multichain Staking: The multi-chain staking platform allows users to stake tokens in order to earn the same tokens at different APYs. Currently, the staking is supported on Polygon, Etherum and Binance Smart Chain. On the etherum blockchain, PBR can be staked to earn PBR, BITE can be staked to earn BITE and CFL365 can be staked to earn CFL356, while on the Binance Smart Chain, CORGIB can be staked to earn CORGIB and PWAR can be staked earn PWAR, Finally, on the Polygon blockchain, PBR can be staked to earn PBR. The staking can be assessed by visiting https://stake.polkabridge.org/.

Farming: Polkabridge supports farming on etherum blockchain. Any user is able to farm using Polkabridge by either adding liquidity to PBR-ETH or USDT-USDC pools on Uniswap. After which you would stake your LP token on https://farm.polkabridge.org/#/ to farm some PBR.

Multichain Launchpad: Polkabridge offers its users a launchpad to help them support DEFi projects of their interest. Currently, the launchpad supports 4 distinctive blockchains, which are, Etherum, Binance Smart chain, Polygon and Harmony. Although there are plans to integrate with several other blockchains such as Cardano, Solana and Polkadot. To qualify to take part in the IDO on the launchpad, it is expected of you to stake at least 500 PBR on both Etherum and Polygon blockchains.

To take in the LaunchPad, visit- https://launchpad.polkabridge.org/#/.
In conclusion, Polkabridge has offered its users the best products in the crypto space. You shouldn’t hesitate to use them. They’ll continue to do their best to ensure they meet the needs of their Users and provide quality services and security of funds.