PolkaFoundry is a platform for building DeFi dapps for the Polkadot ecosystem. It includes:
- A blockchain which is built on Substrate, is EVM-compatible, and supports several UX-enabling features for dApps. The blockchain will work as a Polkadot parachain or parathread.
- A bunch of DeFi-friendly services for dapp builders. These include both built-in services and integration with external ones.
PolkaFoundry was founded back in 2018 by Thi Truong, who was then a key member of Kyber Network's core team.
The PolkaFoundry team now consists of 20+ members located in several countries including Singapore, Vietnam, Japan, Canada, and India.
Advisory board includes the DuckDAO leaders; Garlam Won who is behind the marketing of Harmony, Mantra DAO, Kylin; and Lester Lim - founder of X21 Digital.
PolkaFoundry has completed a $1.9M Private Sale Round, backed by DuckDAO, Signum Capital, Master Ventures, AU21 Capital, BlockDream Fund, Magnus Capital, X21 Digital, Rarestone Capital, PNYX Ventrues, and several other renown ventures.
About $PKF Token
PKF token is an Ethereum's ERC-20 token. In the future, when PolkaFoundry blockchain launches the mainnet, PKF token holders can swap ERC-20 PKF token for native PKF coin at the rate of 1 for 1.
Token Utility:
- Payment for transaction fees
- Staking for collators to earn share of block rewards
- Staking to participate in the on-chain governance process and earn rewards for voting on proposals
- Payment for PolkaFoundry & partners' services