POLKAEX BI-WEEKLY REPORT (NOV 6–20, 2021)

HIGHLIGHTS

  • PolkaEx is live on Shiden Network.
  • $PKEX TVL rose to over $1 million in Farms after 3 days of going live on Shiden Network.
  • A total of 1 million $PKEX staked in PolkaEx’s pool
  • Announced Partnership with JYPC, Anyswap, Cheersland and TrustFi.
  • Opened a 10,000 $USDC reward pool.
  • Contributed 11,100 DOT to Astar’s crowdloan event.
More than 1,690,000 $PKEX were staked in the Pools

TECHNICAL DEVELOPMENT

  1. PolkaEx went live on Shiden Network with Swap, Farms, Pools, Launchpad;
  2. Supported cross-chain transfers of $PKEX assets between Ethereum and Shiden Network using AnySwap;
  3. Developed Tier system and applied it to the Launchpad;
  4. Developed new reward pool for staking $PKEX to earn $USDC;
  5. Updated our offical website with a Tier system and added new partners;
  6. DApp front and back-end have been optimised and parts of the interface have been updated to improve the interactive experience, and recognized bugs have been fixed.
Tier system

MARKETING DEVELOPMENT

  1. Posted an article about PolkaEx on Reddit and gave rewards to commenters, aiming to promote PolkaEx on more platforms to increase its exposure;
  2. Announced the results of the mascot naming competition, with Pixie being the final name chosen for the mascot ;
  3. Collaborated with YouTube KOL to introduce PolkaEx.

BUSINESS DEVELOPMENT

PLANS FOR THE NEXT 2 WEEKS

  1. Add more analytic features on Swap and Farms;
  2. Get listed on DeFiLlama, the renowned and independent TVL data provider;
  3. Deploy on BSC chain, supporting a flexible swap of PKEX assets among Shiden, Ethereum and BSC chains. Further, PolkaEx will empowers more BSC projects;
  4. Develop DApp Staking functionality, by which users can earn a higher yield by simply staking $SDN;
  5. Publish a sponsored article on a top media platform, also a leading independent digital media resource covering blockchain tech, crypto assets & emerging fintech trends;
  6. Stay tuned for more exciting updates.

ABOUT POLKAEX

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Polkaex.io

Polkaex.io

PolkaEx is a cross-chain trade platform based on Polkadot, using Astar Network to provide higher TPS, lower transaction cost.