PolkaParty – a platform for DeFi, DAO, and many other exclusive features.
Blockchain technology has given the whole world advanced and powerful technology capable of revolutionizing industries, sectors, organizations, and the world at large. Its ability to provide a high level of security, transparency, and decentralization is lacking in current transactions.
allows customers to create, share, and customize their appearance using in -game features, eliminating the need for data encryption or encryption capabilities. The ability to create game content, which will then have the option to convert to NFT, becomes as clear as using an already functional interface.
Polkaparty Governance fund action in 4 models.
Democracy -Democratic parties are used to equalize and manage a group regardless of who, where, and how many. The democratic parties are straightforward, everyone gets the same vote. The Democrats use multisign wallets as a form of governance in which each registered, active address is entitled to transaction confirmation sent to EVM. This is one of the most technically fundamental forms of party government.
Balanced Democracy – The Balanced Democracy Model aims to provide alternative solutions to fund governance. In this model, users have a personal interest in a party and can track a percentage of their Party Power. Simply put, the higher the proportion of the party owned by a party goer, the greater the power he has over the governing voice. Technically, a weighted party can be compared to a collection of LPs. The more collections you have, the higher the percentage of payments, gifts, and benefits to your party.
Monarchy – Monarchy is the simplest and most risky type of party. Here, at PolkaParty, believing in decentralization and equality, with this in mind, allow a Party to be created that gives all Party government to be given to one wallet, the King.
Republicans – Republicans change the game not only because of their ability to manage funds in an unreliable way, but because this is the most efficient way to validate transactions or decisions of individuals in small groups (such as boards of directors) representing larger entities. This is the most efficient model because it only requires the full attention of some parties. This governance model is the pinnacle of PolkaParty’s innovation as it allows a representative body to create and manage their own funds. PolkaParty is very focused on creating a universal experience in allocating funds appropriately and adequately for large investments.
How Does PolkaParty Work?
The party will consist of members, whose personal wallets are integrated into the party wallet.
Depending on the criteria set by the party, the parties will consist of members who have the right to vote and do not have the right to vote.
A wallet address with voting power will eventually be able to guide the party with voting actions
HouseKeys are generated for all users who create a party (Public or Private), through which users can join the party seamlessly in the main dashboard in the PolkaParties Portal.
HouseKey is required to sign a smart contract, so your wallet will be integrated into the party wallet.
PolkaParty has built a time interval -based model that allows parties created to allow Partygoers to withdraw funds within a specified time period.
From such action, the user will be given a Daily, Monthly, or Yearly Withdrawal Time Order +, to withdraw the profit back to the personal wallet.
Penalty for early withdrawal of funds before the distribution time interval for party members.
PolkaParty Gifts & Gifts
After the collection of the daily distribution cost, the total amount that has been collected will be paid back to the user, up to 50% of the total daily distribution cost collected on the platform, which risks POLP on the platform. If the volume & number of trades increases on each side, the bonus/payment of holding POLP will also increase.
What is a Polkaparty POLP token?
POLP is the governance token of PolkaParty and the main catalyst behind most of the platform’s products and features. All protocol management decisions are made by POLP holders: from new products to rebalancing assets, strategy, and integration. POLP allows its holders to take control of their financial future.
Tokonomics
Token Name: POLP
Total Supply: 200,000,000
Personal Sales: 500,000 (20 million Tokens)
Public Sales: 250,000 (781 NFT) (7.81 million tokens)
Personal Sales: $ 0.025
POLP at launch: $ 0.032
Project team
Read more here
Website: https://www.polkaparty.io/
Telegram: https://t.me/PolkaParty
Twitter: https://twitter.com/Polka_Party
Media: https://polkaparty.medium.com/
Username: Cilegond
Link: https: //bitcointalk.org/index.php? Action = profile; u = 3198744
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