About PolkaBridge
PolkaBridge is a decentralized all-in-one 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 deflationary farming mechanism, liquidity providers can earn more rewards than they think. In future, we will launch Lending, Launchpad, Predict and more to scale up ecosystem.
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Searched
24
Market Stats
Market Cap
S$38.45K
0.05%
FDV
S$51.32K
Circ. Supply
75M PBR
Max Supply
100M PBR
Total Supply
75M PBR
Diluted Valuation
S$38.57K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
S$50.33
-62.26%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
S$3.78
Price Change (1Y)
-99.23%
Additional info about PolkaBridge
Recent trends
The latest PBR price is S$0.000514. Compared to PolkaBridge's value of S$0.00 from 24 hours ago, there's been a 2% increase, while the current price is -68% down from S$0.00 which was recorded one week ago. PolkaBridge's all time high is S$3.78, which was reached on November 18, 2021. This is a -100% change from its price today.
The current circulating supply of PolkaBridge is 74,925,114. This is 75% of its max supply of 100,000,000 PBR and 100% of its total supply of 74,925,114. The market cap is currently S$38.45K, which is a result of multiplying the current price of PolkaBridge(S$0.00) by the total supply(74,925,114 PBR). The fully diluted valuation of PolkaBridge is S$51.32K. The diluted valuation of PolkaBridge is S$51.32K.
Market details
PBR vs markets
↘ 99.44%
PBR vs BTC
↘ 99.52%
PBR vs ETH
↘ 99.01%
Tags
ai-big-data
decentralized-exchange-dex-token
defi
yield-farming
+4
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x298d492e8c1d909D3F63Bc4A36C66c64ACB3d695 | |
Polygon | 0x0D6ae2a429df13e44A07Cd2969E085e4833f64A0 | |
BNB Smart Chain | 0x1D1cB8997570e73949930c01Fe5796C88d7336c6 | |
BNB Smart Chain | 0x3C1B057cb7AcEB4F2c4D889A29fEBec30A6A3146 |
Price history
Time | Price | Change |
---|---|---|
Today | S$0.000514 | ↗ 2.41% |
1 Day | S$0.000502 | ↗ 2.41% |
1 Week | S$0.0016 | ↘ 67.65% |
1 Month | S$0.0015 | ↘ 65.31% |
1 Year | S$0.0697 | ↘ 99.23% |
FAQ
PolkaBridge is a multichain and cross-chain decentralized platform that includes farming, AMM, launchpad, NFT, prediction, and many more. With PolkaBridge, users can swap tokens on the DOT platform with tokens on other chains and vice-versa. Participants can also earn by performing farming, lending, and liquidity more straightforwardly.
According to the whitepaper, Polkadot is a vital blockchain protocol that offers several benefits over Ethereum regarding processing speed and scalability. Furthermore, the token is also known as a decentralized all-in-one economic applications platform. The token's ecosystem is expected to have multichain & cross-chain automated market maker (AMM), fundraising platform (launchpad), NFT, and much more, which are created keeping Polkadot as the base. AMM is a tool utilized to supply liquidity (token pool) in decentralized finance (DeFi) without the intervention of a third party to set the price of an asset.
PolkaBride is devising a multichain automated market maker (AMM) tool, seeking to permit users to perform swaps or exchange assets on multiple blockchains, the flagship PolkaBridge development. After full deployment, the tool aims to be made to support Polygon, Ethereum, Polkadot, Solana, and Binance Smart Chain (BSC).
For example, individuals can swap Ether (ETH) with PolkaBridge (PBR) coin on the Ethereum blockchain. They can also exchange Binance Coin (BNB) with PolkaWar (PWAR) coin – all from the same platform.
After the takeoff of multichain AMM-type decentralized exchange, the following step is the growth of cross-swap functionality. Basically, it's the power to swap one digital asset on one blockchain with another asset present on the other without utilizing any third party. For example, participants can trade ETH on the Ethereum blockchain with Polkadot (DOT) on the Polkadot blockchain.
PolkaBridge employs Moonbeam's parachain solution for the entire Polkadot base, letting Ethereum-compatible smart contracts operate on Polkadot and permitting the protocol to support a connection. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. In practice, PolkaBridge uses two smart contracts operating in parallel to trade: one on Polkadot and the other on the connected blockchain, e.g., Ethereum. The same rule connects Solana, Polygon, and Binance Smart Chain.