ALPHADEX PHENOMINAL GROWTH ON POLKABRIDGE
Decentralized Finance (DeFi) is a rapidly growing sector of the blockchain ecosystem and brings a lot of benefits to users in the market by offering vast improvements over the traditional financial system. Currently, decentralized applications (DApps) are mostly deployed on Ethereum. Polkadot is a blockchain protocol with a strong development team, and has many advantages over Ethereum in terms of processing speed and scalability. How can users experience all DeFi applications on many different platforms in one place? This is what PolkaBridge was born for. PolkaBridge is a decentralized all-in-one financial applications platform. Hence polkabridge is the first bridge connecting polkadot to other chains. The PolkaBridge ecosystem bringsalot of utility in it arsenal which includes multi-chain & cross-chain automated market maker (AMM), farming, lending, fundraising platform (launchpad), prediction, NFT, and more. All products will be developed with Polkadot as the base. However one of it solution is it launchpad which has excelled in so many trial. Alphadex happens to be one of the project that has had it IDO on polkabridge launchpad.
Alphadex is in a nut shell a ultimate cross-chain. Alphadex enters the crypto world with an innovative AMM, incubator, NFT launch solution all of which are powered by MoonRiver and Ethereum. Alphadex packs in it arsenal an innovative cross-chain driven AMM protocol that makes use of the best class para-chain, featuring Polkadot interoperability in it's desired state. Price setting and general methodology would be an upto date practice which would be achieved by partnering with world class leading oracles to ensure the price method are as transparent, unique, and credible as possible. The AMM protocols available in crypto today are mostly not totally decentralized, they lack a robust governance system, and most of all fail to look after early investor and adopters. In the contrary Alphadex would put early investors into consideration by giving early investors liquidity rewards on all eligible transactions that takes place on Alphadex protocol.
The synergy between these two giant proved successful with Alphadex raising over $3 million on it IDO on the 19th January 2022. Entering the ecosystem with a saucy and satisfying wave on Moonriver. Alpphdex as easily become the best project at Polkabridge Launchpad with ATH price*1000 (IDO price 0.22$, ATH price 200$.