Polkastation Prediction is a decentralized and easy-to-play prediction market. It is time for you to unleash
your analytical skills. The users can predict the price of an asset will go up or down when the live phase
starts. The winners will be decided after a certain duration of the live phase.
Polkastation combines various DeFi protocols, NFT minting, and marketplace with the Polkadot framework as its base. Though early blockchains serve the purpose of deploying decentralized applications, there are limitations like lack of run-time specialization and limited throughput. Polkastation wants to deliver a cutting-edge project in the blockchain space and thus chooses Polkadot, bridging multiple specialized chains into one sharded network. Polkadot offers the best returns in the market through various products. As these decentralized applications are deployed on Polkastation’s own blockchains, they have enhanced stability.
The Polkastation AMM engine eliminates the need for intermediaries
to carry out trades with the help of farms. The liquidity providers add
LP tokens to the investment pools and get rewarded through yield
farming. To enhance the liquidity and make an asset a lucrative trade,
Polkastation holds the investors' funds. The period when a liquidity
provider waits for the asset’s price to go up is yield farming.
Yield Farming supports the operation of the Polkastation ecosystem
and lets everyone in the market benefit from increased liquidity. It
impacts an asset’s price stability by keeping it safer. More liquidity
providers provide lesser risks of loss, and most ventures are oftenIn Centralized cryptocurrency exchanges, the funds are handled by governing
authorities during the transaction. While the primary motto of cryptocurrencies
is to offer 100% decentralization to people, why do we have to depend on a
governing party for transferring assets? Polkastation launched its own
decentralized exchange for tokens of various standards on the Polkadot
network, allowing the users to trade and make profits. Unlike conventional CEX,
which uses an order book for executing trades, Polkastation exchange uses an
Automate Market Maker (AMM) model where the trades are carried out against
liquidity pools. The users can add liquidity to the pools for smooth functioning
of the AMM engine and, in return, receive LP tokens that can be redeemed for
rewards. The Polkastation DEX is user-friendly and is so easy to get started.
Until the GameFi came into the picture, the utility of NFTs as
a medium of exchange, rewards, and payments in
metaverse-based systems was considered mere
speculations and theories. Polkastation harnesses the power
of blockchain technology and NFTs to deliver Walk-To-Earn
(M2E) games that offer real-life monetary benefits to
gamers. The traditional games allowed the
developers/owners to cash in while the players only had to
engage in gaming. Polkastation’s M2E is really about the
ownership shift towards the gamers. The gamers, in addition
to enjoying a realistic gaming experience, can get hold of
monetary benefits as well. Polkastation allows the gamers to
monetize real-life events like walking or going to the officePolkastation’s start pool is the easiest way of earning Polkstation
tokens for free. You stake a certain amount of Polkastation tokens in
the pools and earn more tokens without doing anything. Polkastation
start pool helps projects in the crypto space to distribute their tokens
to a wide range of audiences while allowing the token holders to earn
passive income, creating a win-win situation for both projects and
token holders.
The earnings are distributed to the token holders at a regular interval
and are automated through smart contracts without any human
intervention. The users can start staking their coins to the startpools
soon after they connect their wallet to the Polkastation platform. There
are no hidden fees on the rewards earned, but the users have to pay a
fee of 2% if they unstake their tokens within 72 hours from the time of
staking. Making free tokens is that easy!
NFTs are the talk of the hour in the blockchain space. The NFTs have a
wide variety of use cases, from tokenization of real-life assets to
royalty/monetization for content creators and artists worldwide. NFTs
need a special mention for their role in revolutionizing the gaming
industry. Polkastation ensures to be in the current trend with the
launch of its NFT marketplace that allows the artists to create (mint)
their NFTs and sell them.
One must need an artist account to create and sell NFTs in the
Polkastation NFT marketplace. You can mint your own artworks, be it
music, video, or photos, and upload them for sales. You can view your
minted NFTs in the 'My NFT Artworks' section on your dashboard.
When a buyer makes an auction to buy your NFTs, the order will be
stacked in the order book, and it will be executed. Polkastation also.
More details on the website: https://polkastation.finance
● Join POLKASTATION on social media:
- Telegram Channel https://t.me/Polkastation_Press
- Telegram Chat https://t.me/Polkastation_Discussions
- Twitter https://twitter.com/PolkaStation
- Reddit https://www.reddit.com/user/Polkastation
- Medium https://medium.com/@polkastation2022
- Linkedin https://www.linkedin.com/company/polkastation
- YouTube https://www.youtube.com/channel/UCBlst9AmuzsH4yjy6YIgVGQ
