Post
Topic
Board Tokens (Altcoins)
Re: ⚡️⚡️⚡️PolkaSyndicate ⚡️⚡️⚡️ Polkadot Parachain Community With Enhanced Rewards
by
bblack234
on 25/05/2021, 01:21:31 UTC
I see that now many projects use Polkadot blockchain for staking. What are the advantages of your project and how PolkaSyndicate is differ from other projects with staking which use Polkadot blockhain?

When you crowdloan any of your Polkadot to a parachain auction you cannot earn DOT staking rewards at the same time during the entire parachain lease duration. This can be a problem because the lease period can be between 6-24 months.

With PolkaSyndicate all you need to do is stake 2,000 PSYN tokens and you will earn PSYN staking rewards and parachain rewards at the same time.

As I understand with PolkaSyndicate  you will be able to get double income from staking. Is reward parachain system is working now or it will be realized in future.

Thats a great question. As of the time of this post Polkadot parachains have not launched yet, and neither has PolkaSyndicate's reward system. PolkaSyndicate's presale is set to launch soon. After the first presale there will be marketing campaign and development of the PolkaSyndicate platform. Our goal is to get PSYN tokens to presale holders and allow them to stake them as soon as possible.

You can follow PolkaSyndicate Telegram for updates on Polkadot parachains and PolkaSyndicate launch dates.