SEED ROUND IS OPEN

Polychain Protocol Is Open!

POLYCHAIN PROTOCOL
3 min readJun 14, 2021

The Polychain Protocol team is taking our project to the next level and opening our project to members and investors after weeks of hard work behind the scenes. Our Whitepaper is now public and can be viewed here.

We are excited and humbled to see the interest and growing attention of our project within the crypto space. We will begin taking strategic investors into our Seed round this week coupled with our community building initiatives.

Why Polychain Protocol? 🦜

Polychain protocol understands the users’ UI/UX dilemma. That’s why we’re creating a robust, cross-chain, seamless and simplified ecosystem that caters to all levels of crypto users for their DeFi, NFT & trading needs. Segregation of blockchains and products have made it complicated and costly for the user. To bring crypto wide adoption it needs to be made simpler and more cost effective for the everyday user. Polychain protocol will be making sophisticated trading simplified and bringing the best projects, platforms, strategies and investment opportunities crypto has to offer. Polychain protocols interface will be the only product a new or experienced user will need. DeFi, NFTs and trading all in one robust suite in a safe and seamless integration across multiple platforms, exchanges, and blockchains.

How will the Polychain Protocol tackle the challenges facing new traders?

Polychain trading portal brings you a smooth and sophisticated trading platform, which will allow you to trade on multiple cryptocurrency exchanges through one user-friendly interface. Keep track of your digital currencies with the Polychain Portfolio Manager. Buy, sell and trade digital currency on a single interface. The APIs of major centralized and decentralized exchanges will be integrated within Polychain Trading Portal. This will enable us to work with multiple liquidity pools to minimize spread and slippage. Users will be able to create a custom watch-list and stay informed with real-time updates.

The Polychain Trading Portal hosts a suite of cross-exchange tools and trading functions:

✅ Performance tracking — real time profit / loss monitoring. Portfolio management — consolidated portfolio tracking and investment analysis.

✅ Automated trading tools — cross-exchange arbitrage bots; custom trading bots enabled by machine learning.

✅ Advanced simulation model — facilitates testing of trading strategies against historical price data from existing cryptocurrency exchanges.

✅ Dynamic fee pools — take advantage of market conditions to adjust trading fees and optimize revenue for investors.

✅ Instant swap feature — traders can execute arbitrage trades that rebalance liquidity pools and send profits directly to the trader, without spending any tokens.

✅ Cross-chain data oracles — aggregates and connects real-world data and APIs to smart contracts.

✅ Opportunist Mechanism — A sourcing/tracking algorithm that notifies users of early investment opportunities.

✅ Auto trading indicators and explainers on market conditions.

✅ Trading signals — triggers to buy or sell crypto assets based on a set of predetermined criteria.

The Polychain Token

The Polychain Protocol Token ($PCP) is the fuel of the Polychain Protocol platform and Polychain Swap Exchange. $PCP will launch as a dual chain BEP-20 and ERC-20 token.

$PCP Token works as a long-term sustainable incentive mechanism to motivate various stakeholders to participate in the ecosystem.

The $PCP Token is an exchange based token and may be used to pay platform usage fees to obtain a discount of upto 40% based on the amount of bonus tokens they hold for using the platform.

What’s Next?

We will start our investor onboarding, marketing and community-building campaigns on Telegram and Twitter. Make sure you follow our channels to learn more about our upcoming community airdrops, and Polychain Protocol ambassadors program. Our token launch will be during Q3 over 2–3 IDO platforms. Our trading portal V1 product will launch in Q4.

Thanks for reading 📖

The Polychain Protocol Team 😁

Website | Telegram Community | Twitter | Github | LinkedIn

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POLYCHAIN PROTOCOL

POLYCHAIN PROTOCOL is building the future of interoperability for NFTs, DeFi and trading. One chain to rule them all ‘POLYCHAIN’