PolkaBased Protocol is the world's first protocol with the token pegged to Polkadot's fully diluted market cap, Community Governance to determine how we will structure the ecosystem and the Liquid program for incentivizing users to supply liquidity on Uniswap.
PolkaBased Protocol aims to build a Decentralized Finance platform with a synthetic asset that is pegged to the fully diluted market of Polkadot. This is made possible through an elastic supply. The rebase protocol incentivizes market actors to push the POB price to its target price (Ptp).
Community Governance will make sure that the ecosystem evolves in the benefit of the community. This is made possible by pushing proposals and voting on proposals on the Governance Platform. Becoming a Decentralized Finance Platform.
The Liquid program will incentivize users to provide liquidity to the ecosystem. Liquidity providers will be rewarded for their commitment. This will ensure a healthy ecosystem on the Polkabased Decentralized Finance Platform.