Platform description.
Poseiswap is a special DEX for the Nautilus and Zebec protocol. It will likely share many of the same characteristics with other DEXes like Uniswap, Pancakeswap, 1Inch, etc. Users will be able to swap tokens, provide liquidity to earn yield, farm by staking LP tokens, and take part in governance features including proposing and voting for new pools as well as variable protocol parameters.PoseiSwap seeks to address the issues of high costs, a lack of privacy, and non-compliance that have raised concerns about other decentralized crypto exchanges by being quick, private, and compliant. PoseiSwap runs on a Layer 3 blockchain called "Nautilus Chain" to address speed and cost. This blockchain implements a modular rollup chain that currently achieves over 2,000 TPS—many times more than other EVM chains—and that number is expected to grow significantly as Nautilus developers and PoseiSwap take advantage of Nautilus' modular nature to create an app-specific rollup. PoseiSwap will alleviate customers' privacy worries by enabling trading with Nautilus Chain’s future zk-tech. Traders will be able to swap and profit without having to signal their next move. Anyone who desires additional protection and confidentiality in their transactions will greatly benefit from this.PoseiSwap will be in accordance with regulations thanks to its permissions pool of assets and OFAC-compliant module.
All users will have a secure environment on PoseiSwap where they can trade with assurance and without concern for forthcoming laws. This will become increasingly important when licensing and regulations start to affect the DeFi market.
how to get the Nautilus testnet tokens called “tZBC”
1. Go to https://faucet.nautchain.xyz/.
2. Enter your Ethereum wallet address on the address bar.
3. Press “Send 1 tZBC” and you will receive it in your wallet right away.
Note: You can only send faucet tokens once every 24 hours.
To try your testnet tokens on PoseiSwap.
- Go to the PoseiSwap testnet site: https://www.poseiswap.xyz/?chain=triton.
You will be prompted to create your Triton testnet wallet. Once done, your tZBC will appear there. - Click “Trade Now” and try to swap your ZBC token for another.
- Keep exploring the PoseiSwap DEX—it’s free!
How to swap and add liquidity
- Go to www.poseiswap.xyz and click on connect wallet
- Select Metamask
- You will see this pop-up box in MetaMask and approve it to add the Triton testnet network to your wallet.
- To get testnet tokens, you will need to visit the Nautilus Triton Testnet Faucet website :
https://docs.google.com/forms/d/e/1FAIpQLSffkOpZBR5lBX39pD55CJ13kIY5Lr2vmVSdtzPe_L81Y1_yDQ/viewform
Enter your EVM address in the box and claim all test tokens. - Now go back to www.poseiswap.xyz and in the swap tab, do a few swaps.
- In the liquidity tab, try adding and removing liquidity.
Tokenomics
The POSE token maintains the governance of this platform
Token allocation
- Investors- (3%): 2.5% of this 3% will be distributed over a period of 7 to 30 months, the final 0.5% will be distributed at TGE.
- Public Sale-(5%): There will be three levels for public sale of POSE tokens: 0.50% will be unlocked at TGE, 2.50% linear allocation from 7 to 18 months, 2% allocation linearity from 13 to 36 months.
- Validator Airdrop-(7%): Zebec Protocol is one of the largest partners and contributors to PoseiSwap. For this reason the project allocates 7% of PoseiSwap’s POSE token supply to Zebec Node NFT holders.
- Team-(20%): This portion of POSE tokens will be allocated to the team with a linear payoff period of 7 to 30 months.
- Ecosystem-(20%): This part will be used to promote PoseiSwap’s decentralized exchange platform.
- Liquidity Mining-(45%): This POSE token will be reserved for liquidity mining incentives as rewards to incentivize more people to bring liquidity to the market.
Use of tokens
The Poseiswap ecosystem allows POSE token holders to vote on DAO proposals.
Conclusion
In summary, PoseiSwap provides a way to motivates users by creating a fair reward system. For instance, awards for liquidity mining can entice additional users to add liquidity to the market, hence boosting the platform’s trading activity. Users will be encouraged to actively promote PoseiSwap and broaden its influence by the referral scheme as well.
#POSEISWAP $POSE #DEX ##NAUTILUS #EXCHANGE
Useful links
Proof of Authentication Post
Bitcointalk Username: ballad96
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2861247
Telegram Username: @metamaskBib
Campaign Participated: facebook , medium , video , article
BSC Wallet Address: 0x7CAC37C96d1dC759691979A948c99F003f858463