What Is PolkaFoundry (PKF)?
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.
Who is behind PolkaFoundry?
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.
Who is backing PolkaFoundry?
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.
What Makes PolkaFoundry Unique?
Leveraging the interoperability and scalability of the Substrate framework and the growing ecosystem of Polkadot
EVM compatible, strait-forward to migrate DeFi dapps from Ethereum
Come with DeFi-friendly services
Built-in UX-enabling features which allow developers to build frictionless-UX so that dapps can approach normal people outside the crypto community. This is the key point for blockchain to reach mass adoption.
What is the Tokenomics of PolkaFoundry (PKF) Tokens?
Token Name: PolkaFoundry
Token Symbol: PKF
Total Supply: 200,000,000
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
Where is Red Kite available for purchase?
You can exchange PKF tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Red Kite is Uniswap V2 (Ethereum), notably the PKF/WETH pair, which saw a trading volume of $ 5.05 in the past day.
What is the highest value Red Kite (PKF) has ever reached?
Red Kite (PKF) reached its peak price at 2.91 $ on 18 March 2021, approximately 4 years ago ago. Presently, the current price is -99.7% lower than this all-time high.
What is the historical minimum price for Red Kite (PKF)?
The minimum price reached for Red Kite (PKF) was 0.003754 $, documented on 28 August 2024, more than a year ago. In comparison, the current price is 131.08%, it above this historical low.
What is the fully diluted valuation of Red Kite (PKF)?
The fully diluted valuation (FDV) of Red Kite (PKF) stands at $ 1,70 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 200,000,000 PKF tokens. The realization of this FDV might take several years depending on the emission schedule of PKF tokens.
How to add Red Kite (PKF) to MetaMask?
By integrating Red Kite (PKF) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import PKF as a token. You can either manually import PKF by copying its contract address (0x8b39b70e39aa811b69365398e0aace9bee238aeb) or use MetaMask's Chrome extension to add PKF with a single click through P.CASH.
How to add Red Kite (PKF) to TrustWallet?
Incorporating Red Kite (PKF) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include PKF, you can either manually import it using the contract address (0x8b39b70e39aa811b69365398e0aace9bee238aeb) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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