About the PoseiSwap platform

PoseiSwap is the first DEX to utilize the Nautilus chain . The team plans to employ Zebec technology to make DEXs more widely adopted, PoseiSwap seeks to build a DEX that is affordable, easily accessible, and effective through Nautilus' high throughput. It also seeks to build one that can abide by any upcoming regulatory burden. PoseiSwap aims to solve the problems with high costs, a lack of privacy, and non-compliance that have challenged other decentralized crypto exchanges by being fast, secure and compliant.

Unique features of the platform

• Fast and affordable: PoseiSwap is built on the Nautilus Chain, a Layer 3 blockchain that offers a modular rollup chain with 2,000 TPS or more at launch, which is a substantial improvement over previous EVM networks. That number is projected to rise as PoseiSwap and Nautilus developers take advantage of Nautilus' modular structure to create an app-specific rollup.
• Private: PoseiSwap seeks to reduce consumers' concerns about privacy by utilizing upcoming zk-tech from Nautilus Chain. Traders will be able to swap and profit without having to signal their next move. This is a big benefit for anyone looking for more security and privacy when trading.
• Complaint: As part of its compliance strategy, PoseiSwap has an OFAC-compliant module and a permissions pool of assets. On PoseiSwap, all users will enjoy a secure environment where they may transact with confidence and without worrying about upcoming laws. As licenses and regulations begin to apply to the DeFi industry, this will become more crucial.

About the POSE token

The POSE token will power PoseiSwap and function as a utility token to strengthen the ecosystem and its users. It will act as the platform's engine.
The PoseiSwap ecosystem allows for the following uses of the POSE token:

• Staking
• Voting
• Yield farming
• Referral program

In summary, the POSE token powers PoseiSwap's decentralized trading system. There will be continuous development and expansion in the field of decentralized finance, especially in Layer3, as more traders see the potential of POSE and join the PoseiSwap community.

Token distribution

1. Team (20%)
   A fifth of the POSE token supply will be allocated to the team with 7-to-30 months of linear vesting, which means they will receive the same amount every month.
2. Investors (3%)
   Of course, PoseiSwap would not have existed without the assistance of the people and companies who worked tirelessly to create the fastest, cheapest, and safest DEX on the Nautilus Chain. 2.5% of this 3% will be distributed over a 7-to-30-month of linear vesting. The final 0.5% will be distributed via a Token Generation Event (TGE).
3. Validator Airdrop (7%)
   Zebec Protocol is one of the biggest partners and contributors to PoseiSwap. For this reason, we allocated 7% of PoseiSwap’s POSE token supply to the holders of the Zebec Node NFT. A Zebec Node NFT entitles its holder to ZBC rewards and the ability to run a Zebec Chain Validator Node later on. The early Zebec Node NFT holders will receive 0.35% (with 1-to-6 months of linear vesting), while the new ones will receive 1.05%. (1-to-24 months of linear vesting). The POSE tokens will be airdropped to their addresses, provided that they have met the conditions outlined here. The remaining 5.6% will be addressed later on.
4. Public Sale (5%)
   There will be three tiers for the public sale of the POSE tokens:

• Tier 1: 0.50% will be unlocked at TGE.
• Tier 2: 2.50% — 7-to-18 months of linear vesting.
• Tier 3: 2% — 13-to-36 months of linear vesting

5. Liquidity Mining (45%)
Certainly, DeFi and its DEXes would not exist without their very foundation, liquidity pools. The biggest portion of the POSE token supply will be reserved for liquidity mining incentives like rewards to encourage more people to put liquidity on the market, thereby balancing supply and demand and, thus, the price.

Yield farming in PoseiSwap trading platform.

The foundation of DeFi, especially DEXes, has always been liquidity pools. For the swaps, exchanges, and other products to operate at their best, these pools provide the resources required.
PoseiSwap will initially run three mining pools which are:

• LP (Liquidity Providing) Pool: provides the liquidity in Poseiswap and deposits LP (Liquidity Pool) tokens to farm POSE tokens.
• POSE Pool: deposits sPOSE tokens to farm POSE tokens.
• Fee Sharing Pool: deposits sPOSE tokens to receive ⅙ of the fee generated by swaps.

CONCLUDE :

POSEISWAP aims to build a cryptocurrency system that can be used by anyone globally. The founders believe that POSEISWAP will be an effective way to enter the crypto world as it provides an easy and secure method of transaction, allowing users to receive cryptocurrency without having to own own wallets and trade them easily.”

“POSEISWAP will make it easy for anyone to accept a decentralized currency.

POSEISWAP's mission is to enable users to easily accept cryptocurrency payments in their daily lives, no matter how familiar they are with cryptocurrencies.

For those who are new to the crypto world, we hope to create a platform designed for users, by users. Our goal is to help users understand and apply blockchain technology in their daily lives. With this in mind, you should have no trouble learning or using POSEISWAP like any other app.

#POSEISWAP $POSE #DEX ##NAUTILUS #EXCHANGE

Useful links.

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author : VisualKangJue
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