AscendEX announces PolkaFoundry token listing

KUALA LUMPUR, Aug 11 -- AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, has announced the listing of PolkaFoundry token (PKF) under the pair USDT/PKF on Aug 10.

PolkaFoundry is a platform for building borderless and frictionless DeFi and NFT dapps on Polkadot, aiming to be the most convenient platform for developers to build DeFi and NFT dapps, providing a platform for making dapps easily accessible to mainstream end-users.

According to a statement, PolkaFoundry will achieve this by utilising Polkadot's interoperability and scalability and integrating various DeFi-friendly services onto the

platform.

In addition, PolkaFoundry focuses heavily on ensuring the UX and features of their dApps are simple to use, promoting mainstream adoption.

The native token PKF has several utilities, including payment for services and transaction fees in the PolkaFoundry ecosystem and payments for PolkaFoundry's partners' services.

PKF is also used for staking and governance so users can earn shares of block rewards and participate in the on-chain governance process to earn additional rewards for voting on proposals.

PolkaFoundry's foundational goal is to bring the benefits of blockchain to the masses by making its products and services accessible to people outside the crypto community.

Launched in 2018, AscendEX services over one million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

More details at https://ascendex.com.

-- BERNAMA