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TRADE

No. 704
Polytrade
AMM
DeFi
RWA
Ethereum
TRADE Price Today
0
USD
-2.17%
Lower Price
0
Upper Price
0
24H Value(USD)
0
Total Market Cap(USD)
0
Circulating Market Cap (USD)
0
Total Circulation
37.74M
37.74%
Total Supply
100.00M

Price

TRADE Price Change
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Markets

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Market
Price
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30D Change
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  • Coin Introduction

1. Project introduction

Polytrade serves as the bridge between Investors and SMEs. This helps SMEs meet their short-term financial requirements in a timely and efficient manner. It also allows an investor to help these SMEs and gives them a viable, safe, and secure investment opportunity.

Polytrade provides the following services:

(1) Trade Finance for SMEs

Polytrade offers Factoring / Invoice Financing service to the sellers of goods and services. Thus, fulfilling the working capital requirements of SMEs.

Further, Polytrade funds these invoices at attractive interest rates, with complete transparency and decentralized operations.

(2) Funding Bridge for Investors

Polytrade enables Investors / Liquidity providers to get access to Real World Assets. This allows investors to diversify their investments in various business classes. A liquidity provider's investment is secured through blockchain. Liquidity providers get rewards on Polytrade in two forms:

· Fixed interest in stablecoins

· Additional reward in TRADE token

2. Team introduction

CEO: Piyush Gupta

https://www.linkedin.com/in/piyush-polytrade/

Head of Strategy: Milind Bansia

https://www.linkedin.com/in/milind-bansia/

3. Investment institution

Alpha Wave, Matrix Partners, Polygon Ventures, CoinSwitch Ventures, Polygon co-founder Sandeep Nailwal and QuickSwap co-founder Sameep Singhania

4. Application and distribution

Total supply: 100,000,000

Token application:

(1) Governance of Polytrade platform through validated holders

(2) Staking rewards

(3) Reduced interest rates for sellers for staked TRADE tokens

(4) Invoice discounts for buyers if settlement is done on the Polytrade platform

(5) TRADE token rewards for service providers for participating on the platform

Token distribution:

Strategic Round: 3.25%

Seed Round: 7.50%

Private Round: 7.50%

Ecosystem Partners and Advisors: 4%

Team: 17%

Public Round: 1.33%

Community Incentivization: 39.42%

Marketing and LP Rewards: 20%

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