About the PoseiSwap platform.
PoseiSwap is the first DEX created in Nautilus chain. The Innova Nautilus Chain platform seeks to build a smooth and safe ecosystem for online transaction that will provide a novel solution to the problems traditional financial systems confront through to its distinctive technology and advanced features.To get DEXs ready for widespread usage, the PoseiSwap team plans to employ Zebec technology.
Platform objective/goals
PoseiSwap seeks to establish a DEX that is affordable, accessible, and efficient with Nautilus' high throughput, and it wants to construct one that can cope with any upcoming regulatory burden.
Major beneficiaries of the PoseiSwap
- Users who wants to swap or exchange tokens, NFTs, and other tokenized real-world assets:
Currently, users can swap and exchange tokens with PoseiSwap in a way that is affordable, effective, more private, and compliant. They will soon be able to trade NFTs and tokenized real-world assets on the platform. - Liquidity providers: DEXs are well-known for their reliance on liquidity pools. These pools supply the money necessary to enable the trading and exchanging of coins and tokens. Users looking for passive income can contribute by supplying liquidity by choosing a pair of tokens with equal value and putting them in a smart contract known as a liquidity pool. By doing this, they will get 0.17% of all the.
The POSE token
POSE tokens offer a variety of use cases in the PoseiSwap ecosystem, and the token economic model used by that platform has a number of advantages. POSE tokens can be used by users to stake, vote, mine for liquidity, and take part in referral schemes. These diverse application possibilities support the ongoing growth of the whole ecosystem by preserving the token’s value and activity. Rewards from liquidity mining can entice more users to add liquidity to the market, boosting the platform’s trading activity. Users will be encouraged to actively promote PoseiSwap and broaden its influence by the referral scheme as well.
The distribution approach of POSE tokens completely takes into account the interests of all parties, including project teams, investors, and validators, from the standpoint of token distribution fairness. The stability and sustainable growth of the ecosystem are supported by this fair and open distribution mechanism, and the POSE token serves as a tool for governance in the PoseiSwap ecosystem, allowing token holders to take part in the decision-making process. Users are more likely to trust the project as a result of the decentralized governance model’s contribution to improving the ecosystem’s fairness and transparency.
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.
Conclusion.
PoseiSwap is a decentralized exchange that seeks to expand DeFi’s application beyond Web3 by incorporating blockchain technology into systems used for traditional finance (TradFi). In addition to fungible tokens, NFTs, and other digital assets, it intends to provide trade of tangible assets like stocks, bonds, and real estate on the DEX. For the platform’s scalability in handling a high volume of transactions, The Nautilus Chain is the right blockchain partner, and the impending zk-tech will give traders the anonymity they need to secure their identities. This action demonstrates PoseiSwap’s dedication to broad adoption and to meeting the changing demands of the DeFi industry and blockchain networks.
#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