What is PolkaBridge?
PBR is the native utility token for PolkaBridge, a decentralized application (DApp) ecosystem powered by the Polkadot blockchain network. By holding PBR tokens, users can increase rewards generated from multi-chain staking, lending, prediction, and yield farming within the PolkaBridge ecosystem. PolkaBridge Automated Market Maker (AMM) Decentralized Exchange (DEX) provides a simple interface for users to swap tokens between DOT and other blockchain network assets including Ethereum, Binance Smart Chain, and Polygon. PolkaBridge Launchpad is a platform for new token projects to hold Initial DEX Offerings (IDOs) to grow their initial user base through token sales. PBR may also be used to pay for trading fees, lending fees, and to purchase IDO tokens.
