PolkaCipher is a cross-chain privacy preserving project in the Polkadot ecosystem
PolkaCipher is a Polkadot-based privacy-preserving oracle network focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps. PolkaCipher's unique offerings help push the use-case of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps (dapps) and real-world businesses rewards.
Project coming soon
What is allocation mining?
Allocation mining is the action of staking $LPOOL to receive a part of the allocation offered by projects on the Launchpool platform.
What is AMR - Allocation Mining Reward
This is a measure akin to APY. It is designed to help participants understand the rate which they are mining allocation over the Allocation Mining Event.
What is an AME - Allocation Mining Event
An Allocation Mining Event (AME) is a staking pool in which you lock up your $LPOOL until the end of the AME (normally 4 or 5 days in length). Staking your $LPOOL in the AME gives you the option to purchase the allocation you mined - using ETH to make the investment - at the end of the AME countdown. After the AME your $LPOOL is returned, regardless of whether or not you take the allocation mined.Learn more about Launchpool