Speaking of POLS currency, I don’t know how much everyone knows about this currency. First, let’s take a look at the full name of the currency. POLS stands for Polkastarter. It is a decentralized exchange built for cross-chain token pools and auctions. The project’s decentralization and operational features help It's better to raise money. The main function of this project is to enable all users to quickly raise transaction funds at lower prices and faster speeds, and this platform is very safe and compliant.
The latest price of POLS coins
$ 0.64648 ≈ ￥4.654656
Introduction to the total amount of POLS coins issued
small According to the editor's investigation, the total issuance of POLS coins is 1 billion, the circulation is 488 million, and the circulation rate is 48.83%. Polkastarter is a DEX built for cross-chain token pools and auctions, enabling projects to raise funds in a decentralized and interoperable environment based on Polkadot.
With Polkastarter, decentralized projects will be able to raise and trade capital cheaply and quickly. Users will be able to participate in a secure and compliant environment and use assets well beyond the current ERC20 standard.
With the huge success of projects like Uniswap and Compound, the adoption of DeFi (decentralized finance) solutions has finally arrived, bringing billions of trading volume to the cryptocurrency market while moving away from centralized exchanges has gained an increasing share of the market.
This success has brought with it many huge challenges, especially when it comes to scalability, with skyrocketing Ethereum network fees and slow platform performance, frustrating end users.
Users demand cheap transactions, secure ultra-fast exchanges, user-friendly design and the possibility to buy and move assets between blockchains. The future of decentralized finance will not be limited to one chain, and interoperability has become an essential feature of DeFi in the future.
Polkastarter is a cross-chain DEX protocol on Polkadot. It is specially built for cross-chain token pools and auctions, allowing decentralized projects to raise and trade funds at low prices and quickly, including auctions. , secure OTC transactions and other aspects. Polkastarter will also have complete KYC integration, and provide cross-chain, priced block transactions and dynamic price auctions, and support digital assets other than commonly used ERC20.
What about POLS coins?
Polkastarter is a protocol built for cross-chain token pools and auction transactions, allowing projects to raise funds in an interoperable, decentralized environment based on the Polkadot network.
Using Polkastarter, decentralized projects can raise and trade funds at a low price and quickly.
In 2020, the number of DeFi protocols has exploded, and the amount of funds locked in DeFi has increased from US$1 billion to US$31 billion. DeFi protocols try to solve problems in different fields, such as lending, trading, insurance, asset management, stablecoins, etc.
DeFi protocols have relatively few projects that address project financing. In terms of financing, there are initial coin offerings (ICOs), initial decentralized exchanges (IDOs) and initial exchange offerings (IEOs), which can also be done with DeFi.
One of the functions of Polkastarter is to solve such a problem and provide convenience for start-up projects that are looking for innovative ways to attract funds.
The above is the detailed content of How much is the POLS currency issued? What about POLS coins?. For more information, please follow other related articles on the PHP Chinese website!
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