One of our visions at PolkaEx is to help as many start-ups as possible secure funding for brilliant ideas to become reality. 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 thrilled to announce a partnership with TrustFi.
The main focus of this partnership is for both projects to use their respective technological advantages to support start-ups and also to power the new web 3.0 age. TrustFi will soon be launching a Pre-IDO platform which will result in a lot of opportunities such as joint incubation of high-quality Blockchain startups and more IDOs on the PolkaEx launchpad.
TrustFi’s commitment to building a decentralized finance platform that connects investors, developers among others aligns with our vision and this partnership is a major step for us as we can jointly benefit from each other’s connections and presence in this industry.
TrustFi disrupts the DeFi market by providing a multi-chain decentralized BaaS solution. Their ecosystem features three main products which include TrustFi Alpha, an IDO General Protocol; TrustFi Beta, a Decentralized Staking Contract; and Providing Liquidity Mining model (PLM), an important addition to DeFi infrastructure built on Web3. TrustFi’s main focus is early crypto-asset issuance, with emphasis on liquidity management, community growth, and DAO governance.
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.