
Polkastarter
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Market Cap
$17,843,780
24h Trading Vol
$1,096,487
All Time High
$7.51
All Time Low
$0.116
Total Supply
100,000,000
Max Supply
100,000,000
Circulating Supply
99,209,632
Categories
Chains
Contracts

FAQs
What is Polkastarter and how does it work?
Polkastarter is a leading Decentralized Finance (DeFi) launchpad, established in 2020. It serves as a platform connecting emerging blockchain projects with early community members through Initial Decentralized Offerings (IDOs). Projects leverage Polkastarter to raise capital by distributing their tokens, while participants gain early access to potentially high-upside digital assets. The process involves interested users applying for an allowlist, with higher chances of selection typically granted to those holding or staking more pols tokens.
What are the main use cases for pols token?
The pols token is integral to the Polkastarter ecosystem, primarily functioning as a key to participate in Initial Decentralized Offerings (IDOs). Holding or staking pols directly increases a user's "POLS Power," which translates into a higher chance of being allowlisted for upcoming project sales. This utility incentivizes long-term holding and engagement within the Launchpad. Additionally, providing liquidity for pols on platforms like Uniswap (ETH) or PancakeSwap (BNB Chain) also generates POLS Power, enabling users to earn fees while supporting the ecosystem.
How can I get POLS Power?
You can acquire POLS Power through two primary methods. The most direct way is by staking your POLS tokens, which instantly boosts your POLS Power, though these tokens will be locked for 7 days to ensure ecosystem stability. Alternatively, you can provide liquidity by adding POLS to pairs like ETH/POLS on Uniswap or BNB/POLS on PancakeSwap. This not only earns you POLS Power but also allows you to collect fees from trading activity. Even pols held directly in your wallet contribute to your POLS Power calculation, increasing your chances for IDO allowlists.
How does POLS Power calculation work across different blockchains?
POLS Power aggregates token balances from both Ethereum and BNB Chain networks. Eligible sources include: 1) POLS held in non-custodial wallets (requires 7-day holding period), 2) POLS staked in official contracts (immediate inclusion), and 3) LP tokens from designated liquidity pools. The system automatically combines balances across chains into a single POLS Power metric, with no maximum cap. Tokens must remain in qualifying positions for at least 7 days before contributing to Power, except for staked tokens which count immediately.
What security measures protect IDO participants from scam projects?
Polkastarter employs a four-layer protection system: 1) Technical due diligence including smart contract audits and GitHub activity analysis; 2) Project background verification through legal entity checks and team KYC; 3) Council voting requiring 60% approval from institutional partners like Polygon and Huobi; 4) Post-launch monitoring with clawback provisions. Less than 6% of applicant projects pass all stages, significantly reducing scam risk. The platform has never hosted an exit scam since its 2020 launch.
Can projects customize token sale parameters on Polkastarter?
Yes, project teams retain significant customization capabilities: 1) Pool creators can set fixed token prices with optional hard caps; 2) Projects may restrict participation exclusively to POLS holders at specified tiers; 3) Teams can implement vesting schedules directly in smart contracts; 4) Custom allocation models allow rewarding larger POLS holders. This flexibility enables tailored fundraising strategies while maintaining security through Polkastarter's standardized audit framework.
How does Polkastarter's fixed-swap model differ from bonding curve IDOs?
Fixed-swap pools maintain a constant token price throughout the sale until supply depletion, contrasting with bonding curve models where price increases with demand. This provides three key benefits: 1) Participants know exact token acquisition costs upfront; 2) Prevents front-running and gas wars; 3) Ensures equitable distribution regardless of entry timing. The model particularly benefits retail participants who would otherwise face disadvantage against bots in dynamic pricing environments.
What technical advantages does Base L2 integration provide for participants?
Base integration offers: 1) Near-zero transaction fees (average <$0.01) versus Ethereum mainnet; 2) One-second block times enabling instant participation confirmations; 3) Native account abstraction allowing gasless transactions; 4) Enhanced privacy through zk-proof capabilities. These features significantly reduce barriers to entry for retail participants while maintaining Ethereum-level security through optimistic rollup architecture. The integration reflects Polkastarter's multi-chain strategy prioritizing accessibility and scalability.