How it Works

Work Process

NFT on Binance Smart Chain.

What will been done on PolkaFarm platform:

  • mint an NFT on Binance Smart Chain Mainnet with the image and token metadata stored on Arweave, all in one line of code

  • create a BEP721 Non-Fungible Token (NFT) Minter on Binance Smart Chain Mainnet

  • create an NFT by uploading an image and a metadata file to Arweave and deploying an NFT smart contract to Ethereum, all in just 1 line of code

  • deploy BEP721 NFT Minting Contract on Binance Smart Chain with a name and symbol

  • cmint an NFT with an associated token URL on the Binance Smart Chain

  • upload a plain text file or HTML to the Arweave Permaweb

PKM USE CASE

Earn Rewards
Earn Rewards

Staking earns % of the transaction fees and subscription license fees generated from the product for as long as it remains staked

Incentives
Incentives

Community incentives for various activities as organized by the foundation and the voting stakers, calculated on a Network Value Added basis.

Voting
Voting

Staking generates stakeTokens that can be used for voting on community incentives and community incentive structures.

Cross-network

Cross-network transaction transfer mechanism inter-customer in the network

guidance
Guidance

Stake directionally to provide guidance on product roadmap and integrations and earn additional incentives for guiding the right decisions

Several Profit
Yield Farming

PKM token can be used for a multitude of yield farming purposes, including those seeking maximal yields and those seeking to balance risks and rewards.

PolkaFarm Timeline

PKM Token

PKM TOTAL SUPPLY: 100,000,000 PKM

  • SEED PHASE: 10,000,000 PKM - 0.036 USD/PKM 3 months linear vesting
  • PRIVATE SALE: 20,000,000 PKM - 0,08 USD/PKM
  • TEAM & ADVISOR: 20,000,000 PKM - locked for 1 year, then daily vesting over 365 days
  • MARKETING & BUSINESS DEVELOPMENT TOKENS: 20,000,000 PKM - 20% before listing, then daily vesting over 365 days
  • DEX LIQUIDITY TOKENS: 10,000,000 PKM - locked for 1 year
  • POLKAFARM TREASURY: 20,000,000 PKM - locked for 1 year, then daily vesting over 365 days
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