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# Will Polkastarter be bigger than Uniswap?
- URL: https://dexplain.com/will-polkastarter-be-bigger-than-uniswap/
- Published: 2020-10-05T15:16:00.000Z
- Updated: 2021-12-01T15:17:46.000Z
- Description: Polkastarter is a DEX for cross-chain token pools, the next DeFi innovation. Using Polkadot for low fees, will it be bigger than Uniswap?
- Author: wizardfromspace
- Tags: Polkastarter, Uniswap, Polkadot, defi, Ethereum, Decentralized Exchange

Polkastarter is a [decentralized exchange (DEX)](https://dexplain.com/tag/decentralized-exchange) for cross-chain token pools, built on [Polkadot](https://dexplain.com/tag/polkadot). Decentralized finance ([DeFi](https://dexplain.com/tag/defi)) products have made huge leaps, with many successful projects such as [Uniswap](https://dexplain.com/uniswap-launches-uni-token-and-liquidity-mining/) or [Aave](https://dexplain.com/aave-protocol-overtakes-maker-with-over-1-5-billion-locked/). Protocols are trading or locking up billions of USD value in cryptocurrency. For the first time, we are starting to see a future of crypto which is not just deposits on centralized exchanges. Yet the rapid growth has brought along notable scalability problems. Especially on [Ethereum](https://dexplain.com/tag/ethereum), with network fees and slowness, driving users back to CEXs.

## Enter Polkastarter

Polkastarter is the next step for innovating DeFi, one where projects embrace interoperability between blockchains. Meaning they are not just operating on a single network. Polkastarter will power [cross-chain token pools](https://dexplain.com/what-is-darwinia-network-cross-chain-transfers-made-easy/) and auctions by leveraging the power of the Polkadot network.

**In The Same Flavour:**

- [Cross-chain DeFi about to explode? Polkadot to Ethereum bridge](https://dexplain.com/cross-chain-defi-about-to-explode-polkadot-to-ethereum-bridge/)
- [What is Pickle Finance? Bringing Stability to DeFi](https://dexplain.com/what-is-pickle-finance-bringing-stability-to-defi/)
- [All Eyes on Dock’s PoA Mainnet Launch](https://dexplain.com/all-eyes-on-docks-poa-mainnet-launch/)

As a result, the platform can provide faster and cheaper transactions while remaining connected to the Ethereum network (or other blockchains) for liquidity.

## Will Polkastarter eclipse Uniswap?

Polkastarter is not another [food theme DeFi clone](https://dexplain.com/vampire-bite-sushiswap-leaves-uniswap-behind/) that has copied Uniswap smart contracts. The platform will enable the token pools to have several different types of swaps: fixed ratio swaps, dynamic ratio swaps, dutch auctions, and even sealed-bid auctions. You will even be able to create private pools with passwords.

![](https://dexplain.com/content/images/2021/12/polkastarter-roadmap.webp)

**Raise capital…** With the new token pool features and cross-chain transfers built-in, Polkastarter can become an industry leader for raising capital in a decentralized/fair launch environment. Decentralized token offerings do happen on Uniswap, but if you’re not quick then you will miss the best price.

- The platform also has a native utility and governance token POLS. Token holders will be able to vote on product features, as the platform intends to be governed by its community.

**Token use case and value…** POLS tokenomics have been designed to ensure the token’s price is correlated to platform usage. Because it is not only a governance token. Traders will need to pay transaction fees in POLS for swapping tokens. Additionally, there is a requirement for pool creators to hold POLS tokens.