Hold PBR Token And Earn With Incentive Programs

PolkaBridge
5 min readNov 11, 2021

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PolkaBridge is committed to creating value for its token holder and making certain that the platform’s success is directly correlated with an increase in PBR’s price. For this reason, we are proud to launch the “hold and earn with an incentive” program.

This means that we are going to detail and promote certain actions to incentivize users to hold tokens, instead of trading or selling them. After all, the PBR price keeps rising! Let’s see a few ways, you can hold PBR tokens and profit.

1 — Farm on PolkaBridge Deflationary Farming

We introduced a revolutionary deflationary mechanism a while ago, one which doesn’t penalize non-active users by increasing the number of tokens in circulation. You can read about the basic concept here. The steps for participation can be seen here, but we will explain them here in brief also.

  1. Visit the website and connect wallet.

2. Select the trading pair that you wish to contribute to. Then, scroll down on the next page, click add liquidity on Uniswap. You must have both tokens required for deflationary farming in your wallet. If not, you can buy them from Uniswap.

3. Once, you are done adding liquidity, return back and approve PBR-ETH LP to begin deflationary farming. The high yield (above 300% APY — can vary) rewards can be claimed from the same interface.

2 — Farm On QuickSwap

We get it, the Ethereum base layer has gotten expensive. You want to reap the deflationary farming rewards while saving fees. Enter Polygon — an Ethereum based L2. Fortunately, we have gotten you covered via QuickSwap.

  1. Open QuickSwap liquidity addition page here, connect wallet and supply both PBR and USDT after confirming the transaction in the wallet.

2. Open the QuickSwap Farms page by clicking here, scrolling down until you see the PBR-USDT pair. Now, click Deposit.

3. This will bring you here. Now, click Deposit QUICK-V2 LP Tokens. Select the amount and confirm after authorizing the transaction in the wallet. The APY in insanely high (over 800%) for now, so we hope that you will benefit from the opportunity.

3 — Staking On PolkaBridge Staking Platform

We offer staking as a simple way for users to earn a yield on their tokens, the best part is that you don’t need other assets (USDT, ETH etc.) but only PBR tokens. It simplifies the whole process and allows everyone to participate in the staking pool, in an economical manner. Let’s see how. The detailed guide can be found here.

  1. Visit the staking portal here and connect your wallet.

2. Scroll down until you see PBR. You have to approve the token before staking. Afterward, simply select the amount from the pool and authorize transactions. Start earning upto 19.1% APY with minimal risk involved!

4 — Lock & Stake On Gate.io

If you want to keep things simple and don’t wish to transact on-chain, we offer an exchange gateway to lock and stake also via Gate.io exchange. The benefits are using a simple interface to achieve the same benefits, convenient options to buy PBR tokens with FIAT, and staking/locking for guaranteed 100% APR!

  1. Visit Gate.io, register or login, move the cursor to the Finance section on the top and click HODL & Earn.

2. Scroll down and click PBR Lock-up & Earn #2 (14 days). Then, choose the number of PBR tokens to stake and lock (min 50, max 25,700), click subscribe once done.

3. The interface will now display a risk warning about the lock-up period because you can only withdraw after it. Click Accept and continue. Harvest rewards after the end of the program — the countdown timer is shown.

5 — Join IDO Launchpad

Finally, we offer PBR holders a way to benefit from exciting investment opportunities in new early-stage projects by staking their tokens for gaining allocations. We recently launched the v2 and it’s multi-chain now. You can read more about it here. Let’s see the process for staking.

  1. Visit PolkaBridge Launchpad portal here and choose your desired IDO pool.

2. On the next page, click Join Pool. The interface will now display your staked PBR token (see Staking On PolkaBridge Official section) and the allocations that you are eligible for. You can purchase the tokens now!

About PolkaBridge

PolkaBridge is a decentralized all-in-one financial applications platform. The PolkaBridge ecosystem is expected to include cross-chain AMM, Farming, Lending, Fundraising platform (Launchpad), Prediction, NFT, and more. All products will be developed with Polkadot in center.

❇️ Website: https://polkabridge.org
❇️ Farming https://farm.polkabridge.org
❇️ Staking https://stake.polkabridge.org
❇️ LaunchPad https://launchpad.polkabridge.org
❇️ Twitter: https://twitter.com/realpolkabridge
❇️ Medium: https://medium.com/@polkabridge
❇️ Github: https://github.com/cyclese96
❇️ Telegram Channel https://t.me/polkabridge
❇️ Telegram Group https://t.me/polkabridgegroup
❇️ Discord https://discord.gg/G3NDrcq6GW
❇️ Reddit https://www.reddit.com/r/polkabridge_official
❇️ CoinMarketcap https://coinmarketcap.com/currencies/polkabridge
❇️ Coingecko https://www.coingecko.com/en/coins/polkabridge

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PolkaBridge

The first decentralized bridge between Polkadot platform and other blockchains