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Project Description

Polkastream Studios (PDAO) is building an integrated and intelligently monetized platform for the over-the-top (OTT) streaming market. On the Polkastream platform, streamers can enjoy music, podcasts, movies, and TV shows. In return, all users are rewarded with the PSTR token, which is uniquely designed with incentivization and token-burning strategies for better rewards, long-term crypto market stability, and data security for all platform users.

Tokenomics

PSTR is minted on the Binance Smart Chain (BSC) network with an initial maximum supply of one billion (1,000,000,000) tokens. PSTR is built with an Automated Reward Redistribution and Burn System (ARRBS) that includes:

  • A 4% fee is automatically applied to all transactions, from which 3% is redistributed to holders, and the remaining 1%, up to 50% of the max supply, is permanently burned.
  • After 50% of the maximum supply is burned, the fee remains at 4% with all of it redistributed to holders and 0% burned.

As an added token security and stability feature, PSTR has a limit of one million (1,000,000) tokens per transaction. This anti-slippage transaction limit is updateable through Polkastream Decentralized Autonomous Organization (PDAO) proposals made by the community.

Utilities

  • Users can earn immersive rewards through Polkastream’s Active Audio and Video Rewards (AAVR) program by listening to music and podcasts, as well as watching movies and TV shows.
  • PSTR can be staked via staking.polkastream.app in the various staking programs for an APY interest.
  • As the governance token of the Polkastream OTT streaming platform, users can use PSTR to create proposals and vote on existing ones to bring any desired changes to the platform’s offerings.

Smart Contract Address

bscscan.com/address/0x3cdd71d99cb393928b74d549d4cb0a6ffe0a60a8

$ NPX Hardhat Test

Polkastream contract
    Deployment
      √ Should set the right owner (49ms)
      √ Should set the right name
      √ Should set the right symbol
      √ Should mint the total supply
      √ Should assign 0 tokens to the owner
      √ Should correctly distribute the total supply among wallets (50ms)
      √ Should exclude reserved wallets from rewards (62ms)
      √ Should exclude reserved wallets from fees (67ms)
    Transactions
      √ Should prevent spend before going live (207ms)
      √ Should prevent spend greater than max tx limit (202ms)
    Blacklist
      √ Should prevent spends from Blacklisted wallets (84ms)
      √ Should allow spends from Non-Blacklisted wallets (144ms)
      √ Should blacklist buys close to going live (371ms)
      √ Should NOT blacklist buys NOT close to going live (259ms)

  14 passing (1m)

Disclaimers

  • There is only one PSTR smart contract address on BSC and no other blockchains. Here it is again: bscscan.com/address/0x3cdd71d99cb393928b74d549d4cb0a6ffe0a60a8. Please always confirm it before making any investment decisions.

  • Until official announcements are made, the PSTR token cannot be bought or traded on any platform, whether it be a centralized exchange (CEX), a decentralized exchange (DEX), or a launchpad. The official Polkastream social media channels are accessible at polkastream.app, and all announcements of investment and/or pre-sale opportunities will be made via those socials. Anyone claiming that you can purchase PSTR otherwise is an impersonator. Be careful and aware of potential scammers.

  • 100% of the PSTR token supply in the company’s possession will always be stored in the most secure and effective air-gapped wallet currently available in the market. This should provide complete security and safety from hacks, as air-gapped wallets are never connected to the internet and, therefore, cannot be hacked digitally.

Questions?

Contact us at support@polkastream.app, or join the PDAO Discord server, and the core and admin teams will be happy to answer your questions.

About

PSTR is the utility token of the Polkastream OTT streaming platform on BNB Chain.

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