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Polkadot – A Network Protocol For Cross-chain Exchange

 

Decentralized finance (DeFi) commenced as one of the most remarkable platforms in the crypto ecosystem from the eminence of Blockchain. DeFi is a financial platform built with blockchain technology to modernize traditional finance, which can cultivate financial applications to a transparent and easily accessible service.

The significance of DeFi triggers the development of the DeFi services among the blockchain crowd. The DeFi team propels their development process towards Polkadot to enable seamless exchange with multiple blockchains.

What is Polkadot?

Polkadot – A protocol that allows data to transfer across different blockchain platforms offering an ecosystem to deploy your DeFi infrastructure for heterogeneous sharding, transparency, and adaptability.

The DOT Token (DOT):

The Dot token is the native currency of Polkadot. These tokens are used for the governance of transactions, staking, and bonding.

Features of Polkadot:

Polkadot offers the following distinctive features for the seamless transaction of your DeFi infrastructure.