polkabridge logo download PNG or SVG

Information about polkabridge

PolkaBridge is a decentralized protocol that serves as a bridge between different blockchains, particularly Polkadot and other chains. It offers DeFi features alongside its bridging services. Currently operating on Ethereum, the project plans to shift to the Polkadot blockchain in the near future, with potential support for additional chains based on requirements. The PBR token is the native asset of PolkaBridge, initially existing as an ERC-20 token on Ethereum but soon to be introduced on Polkadot. The token is utilized for various purposes such as network transactions, staking collateral, rewards, participation in IDOs, cross-chain swaps, and lending and prediction activities.
The platform also includes PolkaBridge Farming, a unique system where stakers are rewarded without relying on inflation, but rather by taking a portion of every transaction as a deposit for rewards. Additionally, PolkaBridge Launchpad is an IDO platform enabling PBR holders to take part in early investment opportunities and support promising projects.

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