POOLZ: A DECENTRALIZED LAYER-3 SWAPPING PROTOCOL
In recent times, Decentralized Finance and DeFi have gained a lot of interest from investors and crypto fans. It was evident how Uniswap and Yearn Finance snatched the interest of crypto investors and connoisseurs. They tried to maximize user earnings with DeFi alternatives such as swapping, staking, liquidity pool, etc. . The existing DeFi protocol, however, is still restrictive and still requires enhancement.
Poolz is a framework that helps startups and investors of early-stage blockchain-cryptocurrency to link to an absolutely decentralised network. This is a layer-3 swapping protocol that enables project developers to initiate and maintain liquidity auctions that can readily be found and accessed on the network by investors. Also, Poolz will make available a single interface where developers of projects can handle their liquidity auctions efficiently and effectively. With this approach, it is expected that Poolz will become a forum that, via cross-chain interactions, will encourage positive compatibility, which in turn will improve the value of DeFi alone.
In order to become a stable and competent forum, the Poolz ecosystem will consist of different features and functionalities that will operate collectively. Below are some of the components that comprises the Poolz ecosystem
1️⃣Direct Sales Pools (DSP): These are pools without a designated period or time of lockout, such that even after a swap, investors can still get their tokens.
2️⃣Time-Locked Pools (TLP): TLPs are direct opposite of DSP. These are pools with a lock duration, where after this timeframe, investors can get tokens.
Existing pools will be presented in the formats below
📌Created: Pool for token holders specifically.
📌Open: Available pool for all customers.
📌Out of Stock: The supply of auction tokens has been exhausted, but the period for the pool has not ended.
📌Finished: The length of the pool has reached its end.
📌Closed: Pool has been finalized and tokens have been distributed to investors.
Poolz is based on ethereum as a DAO protocol, and the concept of Poolz procedures and regulation is that, moving ahead, the group will determine how functionality and services will emerge. So even if the initial processes are set by the organizer, the public still gets to determine how it ultimately develops. At a future point of its evolutionary cycle, a cross-chain token exchange integration will occur. This will enable the poolz protocol to swap non-ethereum tokens.
There has been a lot of safety concerns associated with other platforms but POOLZ customers don't need to concern about the Poolz platform's safety and presence, since Poolz understands that users want a system that makes it easy to explore. That is why, to further build a flexible interface and better UX, Poolz built the framework to run with React Native. And use Solidity as a smart contract for the back-end. To make users feel more secure using the website.
There are several platforms presently implementing the DeFi protocol on their systems, but none of them can combine investors with project owners / developers. Poolz is a layer-3 swapping protocol focused on DeFi infrastructure that will link investors and project owners with a range of creative and detailed strategies and functions. Poolz makes it possible for everyone to have access to decentralized fundraising.
POOLZ Token (POZ)
Poolz tokens are initiated by the Poolz platform that will operate as incentives, management, advancement of projects, and token burns. Investors and liquidity providers can also achieve various significant advantages with this token, such as better swap ratios for running pools, staking, voting rights, among others. Poolz is deployed on the Ethereum virtual machine (EVM), making POZ an ERC-20 standard token. At the center of the Poolz project is POZ, which will have a max supply of 5 million. Interestingly, the token can be utilized in a decentralized way by holders to control the Poolz protocol directly.
CONCLUSION
Meanwhile, seeing where Poolz goes from here is going to be fascinating. The project has the right features of a successful upstart DeFi protocol. It is only a matter of time before we will see when vision of Poolz will be completely realized because it is on the right path already. You can get more information and update from the following platforms:
🌐 Website: https://poolzdefi.com/
📱 Telegram: https://t.me/PoolzOfficialCommunity
📱 Telegram Announcements: https://t.me/Poolz_Announcements
📱 Twitter: https://twitter.com/Poolz
🖥 Medium: https://medium.com/@Poolz
PROOF OF REGISTRATION
Telegram Username: Haler7
Bitcointalk Username: Lasdon
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile
Link to proof of registration: https://bitcointalk.org/index.php?topic=5280470.msg55334195#msg55334195
Wallet Address: 0xeF21E4f4a605917fd4090Ab6e04f9a6129396c00
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