SPDR to be the First Ever Token Listed on Polkastarter

3 min readDec 11, 2020

SpiderDAO, the worlds first hardware DAO built on Polkadot, is very excited to announce to be part of the first batch of three projects that are going to launch on Polkastarter, the permissionless DEX for cross-chain token pools and auctions.

Like Polkastarter, we believe that the future of DeFi is increasingly dependent on interoperability. Buying and moving assets between blockchains should be a seamless experience. In the same vein, new projects like SpiderDAO should be able to raise capital in a decentralized and interoperable environment. Polkastarters permissionless DEX built on Polkadot is the perfect answer to interoperability challenges.

We couldnt be more excited to announce that the SPDR token will be the first-ever token listed on the Polkastarter DEX.

“We are thrilled to be part of the first batch of three projects on Polkastarter and also be the first token to be listed on their exchange. This represents a very unique opportunity for us to showcase the utility of the SPDR token. For the Polkastarter community, they get exclusive and early access to the SpiderDAO Distribution program. The program will provide very
attractive APY, while also having the security of heavily audited contracts and backing of the public and transparent team which we represent.” — Nathan Varty, CEO of SpiderDAO.

This arrangement is a sign of things to come from what we believe is a promising partnership. By working closely with Polkastarter, we hope to contribute to the development of the Polkadot ecosystem and set an example that other projects can follow.

“We are excited for SpiderDAO to be one of the first 3 projects and SPDR to be the first token to launch on the Polkastarter decentralized exchange. SpiderDAO is building a hardware-focused governance infrastructure and doing so on Polkadot. This is a meaningful step to building a truly interoperable DeFi ecosystem.” — Daniel Stockhaus, CEO of Polkastarter.

Listing Details

We will be announcing the details of the Polkastarter listing, including times and pairs, in our Telegram Announcements channel. For the first two hours, Polkastarter will be the only place where the SPDR token could be purchased, followed by a Uniswap listing. If you don’t want to miss this opportunity, jump into our Telegram for details, and join us at one of the upcoming AMAs with the Polkastarter team.

About Polkastarter

Polkastarter is a permissionless DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot.

With Polkastarter, decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current ERC20 standard.

About SpiderDAO

SpiderDAOs vision is to bring unparalleled online privacy to the end-user. As a Decentralized Autonomous Organisation (DAO), requires addressing the shortcomings of current DAO frameworks. We do so through a multi-layered governance setup based on hardware and software tools on top of a Fair & Resilient Hardware-based DAO built on Polkadot.

Our ecosystem, then, is built on the foundations of fair governance. It includes the SpiderDAO, SPDR Token, and the SpiderConnect Router, which come together to create a robust, scalable, and community-driven ecosystem that will keep up with the pace of technology change and stand the test of time. Today, we would like to shine the spotlight on the SPDR token and its utility within the SpiderDAO ecosystem.

Learn more about SpiderDAO:

Visit our website: www.spiderdao.io

Join our telegram: https://t.me/SpiderDAO

Join our Discord: https://discord.gg/freymYYspb


Our one-pager: https://assets.spiderdao.io/SpiderDaoOnePager.pdf

Our Pitch Deck: https://assets.spiderdao.io/SpiderDaoPitchDeck.pdf

Our Whitepaper: https://assets.spiderdao.io/SpiderDaoWhitepaper.pdf




SpiderDAO is the industry’s first hardware-enabled DAO that bundles multi-layered hardware and software tools on top of Polkadot. https://spiderdao.io