The Polkadot Parachain Auctions began exactly a week ago, on November 11th, 2021, paving the way for anyone to stake $DOT to participate and fund the cause of their preference amongst potential alternatives seeking to secure the very first batch of spots.
PolkaEx’s mission and vision have always been to strengthen existing decentralized finance applications on the Astar Network, formerly known as the Plasm network, as evidenced by their mainnet release and continued work on Shiden network, a parachain of the Kusama network, and the Astar canary network.
Their latest gift of 11,100 $DOT reaffirms their devotion to assisting Astar Network in obtaining a parachain position in the Polkadot ecosystem.
Their latest gift has been made possible by the group’s own funds in order to solidify their commitment and interest in helping Astar Network in reaching its objectives.
Astar Network is a Polkadot dApp gateway that handles Ethereum, WebAssembly, and layer 2 solutions such as ZK Rollups. Astar intends to be a multi-chain smart contract framework, supporting different blockchain applications and virtual machines.
PolkaEx believes in Astar Network’s mission and future, and they inspire everyone else in the Polkadot ecosystem to do the same.
About PolkaEX
PolkaEx is a multi-chain DeFi package that includes a Decentralized Exchange, a Launchpad, liquidity mining, and NFT use cases. Their primary network of emphasis is Astar, and they hope that by integrating a Launchpad with a Decentralized exchange, genuine projects wanting to raise financing and list on a Decentralized exchange on Shiden will be able to do so at a decentralised, minimal price, and developer-friendly atmosphere. Their Launchpad is now operational on both Ether and the Shiden System.
Their Dex was released on the Shiden Network, featuring Staking and Liquidity mining capabilities. Shiden Network offers PolkaEx and the DeFi community a complete Layer 2 scaling solution aimed to help users with minimal transaction fees and quick speed. To summarise, while they let community leaders and entrepreneurs participate in early-stage ideas and projects, they offer initiatives with a Decentralized exchange on which to publish their tokens on Shiden Network.