We are thrilled to announce a partnership with BlockPad, a multichain network of decentralized applications that acts as a gateway to the Web 3.0 ecosystem, and to join their tall list of highly revered partners.
As we continue to expand our visions at PolkaEx to help many start-ups secure funding for brilliant ideas, it is very essential to partner with Decentralized Finance projects that have a similar vision to always enable us to be in sync and bring the best projects to our community and investors. This is a major part of our ecosystem and we are always on the lookout for ways to expand this sector of our ecosystem. This big vision can only be achievable through collective efforts and we are glad about this new partnership and many more to come.
Together with BlockPad, we will collaborate and help upcoming and new projects raise funds and utilize various tools at our disposal to help expand the web 3.0 ecosystem as a whole. By leveraging the respective technological advantages of both projects to support start-ups and also to power the new web 3.0 age, we intend to create a very fruitful ecosystem.
The BlockPad is a multichain network of decentralized applications that acts as a gateway to the Web 3.0 ecosystem. It predominantly solves the issue of investor confidence in Decentralized Finance (DeFi) by providing a suite of decentralized and intuitive products with compatibility of multiple blockchains. It offers a decentralized way to safeguard investors from a range of projects that might pull out the liquidity or sell off vested tokens. On the other hand, projects can leverage its ecosystem from raising funds to support tokens by staking and liquidity mining applications.
PolkaEx is a cross-chain DeFi suite consisting of a Decentralized Exchange, a Launchpad, Liquidity mining, and NFT usecases. Our main chain of focus is Astar and by combining a Launchpad with a Decentralized exchange we believe this can open the door for legitimate projects seeking to raise funds and list on a Decentralized exchange on Shiden to do so in a decentralized, low fee and developer-friendly environment. Our Launchpad is live on both Ethereum and Shiden Network.
Our Dex was launched on Shiden Network with Staking and Liquidity mining. Shiden Network provides PolkaEx and the DeFi community with a whole Layer 2 scaling solution designed to benefit the user with a low transaction fee and fast speed. To sum up, while we make it possible for community members and investors to invest in early ideas and projects, we provide projects with a Decentralized exchange to list their tokens on Shiden Network.