PolkaFi

The Decentralized Stablecoin Platform on Polkafoundry

View Whitepaper

Overview

pUSD stablecoin


protocol

          PolkaFi is a project to implement a cross-chain, multi-collateral stablecoin on Polkafoundry network. 
It aims towards a complete ​decentralized operation​, where the stablecoin - pUSD is created using assets from blockchains connected to the Polkafoundry network as collaterals​. It can be ​used by any blockchains and their applications on the Polkafoundry network​.
Holders of the crypto assets supported by PolkaFi Platform can generate pUSD tokens by depositing the assets into a Collateralized Debt Position (CDP) through the pUSD stablecoin protocol. pUSD tokens are also available for purchases from brokers or exchanges.

        

How does PolkaFi work?

Tokenomics - Fi Tokens

Team & Advisors

Locked for 12 months, then unlocked over 24 months

15%

Token sales

Depended on Rounds. See Token sales table.

19.5%

Marketing

10% unlocked at TGE, then gradually over 18 months

10.5%

Ecosystem

Locked for 6 months, then unlocked over 30 months

15%

Foundation

Locked for 12 months, then unlocked over 36 months

15%

Reserve

Locked for 24 months, then unlocked over 36 months

25%

Roadmap

2021

Q3/2021

First version of whitepaper, landing page

Prototype design & testing confirm the concepts on whitepaper

UI/UX design/architecture design for MVP version.

Q4/2021

Token Sales

Development & release MVP version

UI/UX design/architecture design for full version

2022

Q1/2022

Develop and launch test-net version

Research on relevant Dapps for potential extension of
the ecosystem (P2P lending, flash loan...)

Q2/2022

Launch main-net version

Develop potential extension on the ecosystem.

Our team & advisors