PolkaDEX , Contribute to the Polkadex Crowdloan.

[Planeengineer]

Yeah and if Polkadex did not win a slot,team said that all Polkadex Crowdloan contributors should be getting their DOT back automatically after the last auction officially ends on Match 10th.Seems like there's nothing to lose

[Gardubanhu]

Of course there is nothing to lose because the DOTs contributed are assets loaned for this Crowdloan. Polkadexers announced that they are rethinking the Crowdloan reward structure to further encourage community contributions. Pdex rewards seem to reach higher levels

[Planeengineer]

Well i checked the batch 3 announcement and they arelowering the auction cap which means the minimum rewards ratio will be much higher than it was for batch 2.So that means,way more PDEX rewards for every DOT you contribute.

[Lewis_Banste]

I rewieved some stats about Crowdloan so far. Polkadex was able to raise over 132,300 DOT, or over 2.2 million USD, in 1,175 contributions from 488 individual contributors.Although these numbers are big numbers, no Parachain slot has yet been won. I think this goal can be achieved with Batch 3

[Iamlost]

I wonder what the reward system will be like with Batch 3. Although Polkadex has not yet acquired a parachain sloth, the amount of DOTs loaned so far is at a decent level.

[Madrigal]

It seems the Polkadex team has chosen the Batch 3 Polkadex Crowdloan to go live in early April in order to maximize the length of the future Polkadex parachain's lease period and to better link the launch of the Polkadex parachain with the launch of Polkadex's products.

[Jamala]

I think Batch 3 and Polkadex's products such as PolkaIDO may enter the market at the same time, bringing Polkadex back to its former status and price levels. Imo PolkaIDO will be the biggest reason for this mobility.

[Nani?]

Polkadex IDO platform is one of Polkadex's most anticipated product. Polkadex IDO Platform allows token projects to create ERC-20 like tokens. Teams can raise funds and get listed on the Polkadex exchange in one click.

[Ephesus]

Yes project founders and teams are able to generate tokens and crowdfund through the IDO process.IDO projects have access to liquidity through the Polkadex Orderbook and Polkapool

[Eneftis]

I saw that Polkadex has announced its launch on AscendEX. PDEX staking will also be supported by AscendEX, allowing PDEX holders to earn interest on their PDEX.

That Ascendex staking is live for like 2 weeks mate. Polkadex team announced the launch of the AscendEX staking. Users of AscendEX may now stake $PDEX to earn a 44.3 % estimated APR.You can check the staking mechanism.

[Medula]

According to Polkadex team said, Polkadex Crowdloan batch 3 will be released on April 5th with new updates. Honestly, I'm waiting for more bonuses There will be way more PDEX rewards for every DOT you contribute.

[Vuvuzela]

Yep Polkadex Crowdloan enters batch 3 of the Polkadot parachain auctions. The reward system has been increased to extra levels because 2M PDEX in rewards and an exclusive NFT collection for Polkadex Crowdloan contributors in batch 3 of the Polkadot parachain auctions.

[Bloodbrothers]

So lets calculate again the numbers.The Polkadex Crowdloan is live again with batch 3 and according to what Polkadex team said, The DOT auction cap has been reduced to 1 million DOT. There are 2 million PDEX in the PDEX rewards pool so that means there is at least 2 PDEX per DOT for every contributor.This is really good in my opinion.

[Indominus]

In a report about what changes Batch 3 will come with, it was emphasized that the new reward system would be huge, and it seems that it really did.So the new 2:1 PDEX per DOT ratio is over ten times higher than the PDEX to DOT reward ratio from Polkadex’s batch 2 Crowdloan.

[Kimbra]

That's correct the reward ratio is higher than batch 2 and in addition to 2$PDEX for a DOT, they are also giving out some utility-based NFTs for the top Crowdloan contributors.