MANTRA DAO and Polkastarter, a match made in Polkadot!
MANTRA DAO is thrilled to announce a bold strategic partnership with Polkastarter, the DEX enabling decentralized project to raise and exchange capital swiftly and at rock-bottom prices. Together MANTRA DAO and Polkastarter are committed to building a decentralized future empowered by blockchain technology by leveraging the awesome power and potential of Polkadot. The partnership looks to intertwine the fast-growing communities of two of the hottest projects in the Polkaverse. MANTRA DAO will also enter the Polkastarter community directly via a substantial investment in POLS tokens.
The perfect pairing of MANTRA DAO and Polkastarter comes from them both being built on Parity Substrate for the Polkadot ecosystem. The projects also share similar goals to democratize access to digital assets by making it easier and cheaper than ever before to access financial opportunities on the blockchain within a strong community-first environment. Together we see ourselves as a powerful force for positive change in the blockchain universe.
While Polkastarter focuses on enabling start-up fund raising, auctions, private over-the-counter transactions (OTCs) and even fund raising for charity, MANTRA DAO is once again delivering on our IMO promise to build a large cross-chain ecosystem to bring broad exposure to various assets on the blockchain to our OM Sherpas.
“We look forward to integrating our communities and staking programs together to drive positive-sum improvements to the blockchain fundraising environment, and drive forward the evolution of decentralized exchanges in the Polkadot ecosystem. We are thrilled to join the Polkastarter community as both a strategic partner and investor.” — JPM
Polkadot packs a power punch
Scalability and interoperability are two of the most pertinent problems facing blockchain networks today. For blockchain to truly realize its full potential, the bloated, sluggish status quo of expensive, time-consuming transactions must be overcome in order for blockchain to truly be able to shape our everyday future. That’s why community-first projects that focus on building technology for an excited user base are so important. While developer-focused projects are a great way to bootstrap technological advancement, that work is wasted without users to take advantage of that revolutionary technology.
The febrile excitement surrounding Polkadot’s game-changing technology requires a variety of talents to bring this full vision to life. Polkadot is a next-generation blockchain protocol that unites an entire network of purpose-built blockchains, known as parachains, as well as existing siloed blockchains via soon-to-be-built bridges. The end goal is to allow these chains to operate seamlessly together at scale. Polkastarter aims to capture a portion of this massive potential value by making it much simpler and more affordable to make transactions and secure ultra-fast cross-chain swaps all with a democratizing user-friendly design giving a wider audience the possibility to buy and move assets between blockchains.
Gimme More
MANTRA DAO is delighted at the opportunity to incorporate Polkastarter services including permissionless listings, token swaps by smart contract, private pools with password, whitelisting and high slippage price alerts to its community. Pools will have several types of swaps, including fixed ratio swaps, dynamic ratio swaps, dutch auctions and even sealed-bid auctions.
As strategic partners, both teams will work towards a common mission of bringing MANTRA DAO’s visionary community-governed DeFi platform focusing on staking, lending, and governance and leveraging Polkastarter’s advantages, smooth interoperability between various networks making cross-chain swaps, all powered by the Polkadot ecosystem, which can provide higher throughput for faster and cheaper transactions while staying connected to the Ethereum Network and other blockchains for liquidity.
“We feel a sense of kinship with MANTRA. We both seem to have gone from idea to fund raising in the blink of an eye. We both are focused on rapidly iterating on a product that primarily delivers value to its community. We both are hyper-focused on making simple-to-use interfaces and token economies. This approach really fills a gap in the Polka ecosystem.” — Daniel Stockhaus, Polkastarter, CEO
We would love to answer all your questions during a MANTRA DAO AMA and a Polkastarter AMA held in our respective Telegram channels. There will be exciting news for the community, so stay tuned for more information on these activities!
About MANTRA DAO
MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance.
MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0.
Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.
Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn
About Polkastarter
Polkastarter is a DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot.
Cheap transactions, secure ultra-fast swaps, user-friendly design and the possibility to buy and move assets between blockchains are the pillars of the platform’s success.
Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn
