Making an exclusive announcement about the launch of its first exchange-traded fund offering (ETF), Plethora has revealed that the Polkadot basket is available now for the process of whitelisting. The Plethora has made the official announcement while directly communicating with its communique’s potential users and community members.
There is exclusive access for holders of PLE 2.0 who can get a chance to become first keepers of the $PEF, the token offering of the ETF. To become eligible for exclusive access, holders must possess a minimum quantity of 20k PLE that the platform has decided. This limit will be applicable for all activities related to the whitelist processes in the future. It is important to note that holders won’t participate in the process if the balance falls below the predetermined threshold of 20k.
The distinguishing aspect of Polkadot is its capability of providing access to the range of other blockchain networks in the system. In other words, the decisive interoperability factor is one of the network’s USPs that helps it offer an easily scalable, ultra-secure, and community-governed platform to users across blockchain networks. The most exciting feature that Polkadot will offer is the launch of its parachain, which is all set to move beyond the testing phase to full-fledged operations. This explains why most cryptocurrency experts are bullish on Polkadot prediction.
The solution offered by the ETF of Polkadot includes Kylin (decentralized data solution), Polkafoundry (dApp platform), Polkastarter (IDo), Phala (Cloud computing solution), and Chainx (cross-chain exchange). With so many different options that offer a range of capabilities, it will be interesting to witness how the potential users react to this development. Irrespective of the response, it is beyond doubt that this new ETF capability will bring in more users to the entire ecosystem of blocking technology and help the segment grow at an enviable pace in the future.