Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Malam90 on March 25, 2021, 06:57:00 AM
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Polkabridge (https://polkabridge.org) is Decentralized Exchange (DEX) platform. It allows you to swap tokens on Polkadot with other tokens of other blockchain platform that was previously done through Centralized Exchange (CEX). Here Polkabridge will work as a bridge (connector) among the different blockchain platforms.. They have changed their old smart contract with new contracts which is based on deflationary farming mechanism. With these mechanism, total supply of PBR tokens will be decreased automatically. By providing liquidity pool, provider can earn more and they are going to be prepared to launch IDO like Polkastarter or even better, and more functions.
CMC Link (https://coinmarketcap.com/currencies/polkabridge/)
What do you think about Polkabridge?
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i looked at Polkabridge, its a good project no doubt .it has not that hype like other Polkadot project.bit only problem with this project team is anonymous ( hidden) ... feel not too secured.they dont like to show their identity.otherwise project is awesome.
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In Q2, they will launch IDO and migrate Polkabridge to Polkadot testnet. After they release mainnet, they will publish their real identity as i have seen from their Telegram group discussion. In DeFi world, many project team's are anonymous although anonymous is a doubt to the investors. That's the fact. Though the team are very actively working, we have to obverse their activity on social medias.
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Good idea, I have been waiting for such a project, in fact I have seen some ideas from other platforms, such as ethereum https://ethresear.ch/t/cross-rollup-dex-with-smart-contracts-only-on-the-destination-side/8778
I see tremendous technological advances continue to be developed, Polkadot has many new projects that can compete with other platforms, in the future, we can sell all tokens easily because of this platform.
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Bridges are excellent platforms that facilitate the work of crypto users, and I have recently met this convenience. I'm in new research, including the bridge you mentioned. Again, I suggest you take a look at Birdgr, a polkadot-centered bridge.
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Through Polkalokr's platform, Bridgr lets developers and token creators to establish their own cross-chain token bridges.The number of projects ready to use Polkalokr's Bridgr product is increasing. One of the most recent partnerships was Polygen, a very solid partnership.
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Bridgr has established partnerships with very solid projects since its launch. Among these projects are strong names such as Polygen and NftyPlay.
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This is very good and this really really makes me really love Polka-dot coins with the Polkabridge type
Polkabridge would really be the right choice for moving coin A with coin B on a different blockchain and it's very easy to use.
I'll just give an example, I use a Safepal wallet to use the Bridge feature between Ethereum ERC20 in Swap to Solana, it only takes about 5 minutes, everything is successfully bridged and it's very simple and easy.
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I've tried it if Polkabridge is really very good for us to move coins with so many blockchains available.
I hope to be careful with the Bridge because I'm afraid that if the Bridge is disrupted and the coins can't be returned.
Suppose I Bridge Bitcoin to Ethereum, from the Bitcoin core blockchain to Ethereum ERC20, this is very easy, very simple to use and only takes a few seconds.
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olkaBridge is a decentralized application platform. One of PolkaBridge’s most noticeable product is PolkaBridge DEX — a decentralized exchange that allows users to swap tokens on Polkadot to other ones on other blockchain platforms without any centralized organizations. In addition, with the smart farming mechanism, liquidity providers can earn more rewards than they think.
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CMC Link (https://coinmarketcap.com/currencies/polkabridge/)
What do you think about Polkabridge?
I have checked PolkaBridge on the link provided by the owner of this thread, namely Coinmarketcap.
Referring to Coinmarketcap, PolkaBridge has many advantages, there are DEX, Bridge, Launchpad features and many more.
Trading $PBR tokens is also available on various markets, from small exchanges to large exchanges such as Huobi and Kucoin. What's unfortunate is that the price of the $PBR token, which dropped so much from its ATH, was 3$ and now the price is only 0.1$.