The POLS price update as of now is $0.3232. In the previous 24 hours, its trading volume was $891,392, and its value has decreased by -1.96%. As of now, POLS's live market cap is $39,983,870, and it is ranked as the #522 on the Coincu. POLS has a circulating supply of 124,301,490 and a maximum supply of 124,301,490.

Introduction to Polkastarter (POLS)

Polkastarter (POLS) is a decentralized exchange (DEX) that specializes in auction and cross-chain token pools. It offers a platform for decentralized projects in the cryptocurrency market to raise capital and exchange tokens in a permissionless environment built on the Polkadot network.

With Polkastarter, crypto projects can quickly raise capital at an affordable price, while users can participate in a safe and reputable environment that overcomes the limitations of the current ERC20 standard.

Similar to Uniswap and other automated market maker (AMM) exchanges, Polkastarter focuses on listing new projects and facilitating capital raising. It serves as a viable alternative for projects facing challenges in getting listed on centralized exchanges like Binance and Huobi Global.

Key Features of Polkastarter

• Flexible and fixed swap functionality across different blockchains in the network.
• Fully integrated KYC (Know Your Customer) process.
• General governance model based on ownership of the POLS coin.
• Integration of Anti Scam measures to validate Smart Contracts and prevent transactions with incorrect tokens.
• No censorship when listing tokens.

Advantages of Polkastarter

Although most DEX platforms operate on Ethereum using the ERC20 standard, they face various limitations, including:

• Slow processing speeds and high gas fees on the Ethereum network.
• Limited interoperability between platforms.

Polkastarter aims to overcome these challenges and improve upon Uniswap's token sale model. It introduces Fixed Swap Pools, which allow users to sell coins without concerns about Autobots or high slippage.

The project also supports the creation of Private Pools with features such as password protection, whitelisting, various auction types, Fixed Ratio Swaps, Dynamic Ratio Swaps, and alerts for high slippage. This crosschain creation support provides users with more options to create pools for other AMM exchanges, particularly those supporting ERC tokens.

Each DEX platform has its own language, limiting the ability to interact and connect with other platforms. Polkastarter aims to simplify and streamline project interactions as much as possible. Key features of Polkastarter include:

• Diversity: Tokens can retain their features when moving between multiple protocols.
• Resource saving: Efficient interaction and data exchange between protocols help save network resources.
• Processing speed: The Ethereum network currently averages between 15-40 transactions per second (TPS), but Polkastarter's sharding structure is expected to increase this number to around 160,000 TPS.

Roadmap

Updating...

For more information about Polkastarter, please click here.