Today I am very excited to share the Poolz vision withall of you. With poolz, I envision a trustless crypto market, which offers prospective startups, unbaised access to a willing and liquid market, able to get the project of the ground. By extension, this takes away the need and cost for ICO and IEOs, as well as the regulatory requirements that follows.
While there are several pioneering platforms offering liquidity pooling opportunities, the idea with Poolz is to make liquidity pooling available for the pre-listing phase of the project, and for existing assets too. So it takes out that initial barrier to entry hurdle suffocating great solutions without the means for a grand market entrance.
What Is POOLZ ?---------
Poolz is a layer-3 swapping protocol, with L3 here referring to the fact that Poolz works above both Ethereum’s base and application layers. It’s also decentralized and trustless, meaning it’s not controlled by any central parties and can be used directly without the help of intermediaries.
Poolz is a way of connecting early-stage blockchain-cryptocurrency innovators and investors. Its unified interface allows project owners to launch and manage liquidity auctions that are easily discoverable by investors on the platform.
Poolz helps upstart DeFi enterprises and entrepreneurs connect with early-stage investors and bootstrap liquidity through user-friendly token auctions. On the flip side, these investors can use Poolz to easily identify promising new projects to back for the long-term.
Poolz Platform:---------------
Poolz is a liquidity Pool Exchange , pools will be there to make early stage liquidity provision for existing tokens and cross chain token exchange. A startup willing to increase the liquidity of their DeFi token can easily use Poolz platform . Poolz will provide a safe place for investment for everyone . DeFi project has attracted lots of traction since its inception due to its liquidity pooling . This is in contracts with Centralized exchange platform but nevertheless DEX has not reached its expected potentials diue to some limitations in the system . A good example of this limiting factors includes market entry liquidity and startup funding . Poolz Exchange has emerged to charge the narratives for both startup businesses and offering a reliable atmosphere for startup to raise startup funds and increasing liquidity.
Poolz will offer a decentralized crypto market that will help the startup businesses to realized their dreams and ambition . Entrepreneurs , businesses will gain access to unbiased liquidity which will help their innovative ideas comes into reality .Poolz will make liquidity pooling available in the pre-listing phase of a project and also for existing crypto assets .This is a brilliant solution in crypto space.
The POOLZ Ecosytem:------------------
Poolz is built as a DAO protocol on ethereum, and the premise of the Poolz operations and governance is that, the community gets to decides how governance and operations will evolve, going forward. So even though our team get to set the initial operations, the community still gets to decide how it eventually evolves.
Please note that, this overview is not an exhaustive representation of the overall Poolz operations. That will be available in the litepaper. What is captured here is a brief summary of the its operation:
Poolz (POZ) token: this is an ERC-2O token, since Poolz is deployed on Ethereum. It will be used for incentivization, to pay for developmental cost goin forward and governance requirements. Also, POZ holders get to be discounted with pool entry and simply for being holders of POZ, so you get to earn more POZ for having POZ.
Pool Type: there will be two pool types on Poolz, which is the direct sales pool (DSP), where the tokens are received by the investor, imediately after a swap, and the time-lock pools (TLP), where the pools have a lock-in-period, before the tokens are released to the investors.
Poolz Market Players: There are two categories of players in the market, which are the liquidity providers (LP), technically the market makers, and those in need of the liquidity or Pool creators.
Pool rule makers: every pool on Poolz come with basic rules and the pool creators, which are usually the project owners, for new tokens, get to set the rules. The parameters for this rule includes choices like: relevant blockchain protocol and wallet for the swap, pool type, pool duration (in the case of a timelock pool,) available token for the pool or auction, the swapping ratio and several others.
Planned Improvements: as an eventual milestone in the poolz functional agenda, there will be a cross-chain token transfer implementation, at a later stage of its developmental roadmap. This will allow for non-ethereum tokens to be swapped by the poolz protocol.
The Pools of POOLZ:-----------------
The protocol lets users make “Created pools,” which are only accessible to holders of POZ, the native token of Poolz. In extension, there are “Open pools,” which, as their name suggests, are accessible to any Poolz user. The former charges a 0.15% fee on total liquidity raised, while the latter charges a 0.2% fee.
Going another step further, DeFi projects keen on auctioning their tokens through Poolz can leverage one of two specific pool formats: Direct Sales Pools (DSP) or Time-Locked Pools (TLP).
The DSP format lets investors receive auction tokens immediately after swapping into them. Conversely, the TLP format allows investors to receive their auction tokens only after the completion of a lock-in period.
Poolz’s smart contract will also enable pool creators to define custom lock-in periods, thus releasing the swapped assets incrementally. For instance, say, disburse 40% of the swapped tokens immediately and, after say 1 month, the remaining 60% in 6-equal monthly vesting.
The POZ Token of Poolz:-----------------
Poolz is a decentralized on-chain token exchange powered by the Poolz (POZ) token. The project is deployed on the Ethereum virtual machine (EVM), making POZ an ERC-20 standard token. As the native asset of Poolz, POZ will be used for incentivization, governance, ongoing project development, and token burns across the Poolz network.
POZ, which will have a total supply of 5 million, is the token at the heart of the Poolz project. First and foremost, the token can be used by holders to collectively govern the Poolz protocol in a decentralized manner.
“The Poolz platform will implement a regular Proof of Stake (PoS) consensus mechanism, enabling POZ holders to gain voting rights by staking their tokens is designated wallets,” the project’s builders have explained previously.
This dynamic paves the way to the stakeholders of Poolz deciding for themselves on the project’s key parameters, e.g. fees. Yet beyond governance, Poolz will also employ a separate staking system where users can stake Poolz LP tokens in order to earn POZ rewards. 1.89 million POZ have been set aside for the lifetime of these staking rewards.
Token Price Metrics:---------
Total Supply: 5,000,000 POZ
Seed Sale: 240,000 POZ, at 0.455 USD (avg. price). 25% TGE, then 25% quarterly.
Private Sale: 360,000 POZ, at 1 USD, with a capping of 2500 USD per person. 20% released on the day of sale and 20% after a month from the sale day. The remaining 60% is released as equal monthly vestings of 20%, for 3 months.
Auction Pools: 150,000 POZ to be auctioned at 1.6 USD.
Uniswap Listing Price: TBD
The NFT of POOLZ:------------------
Behind DeFi, one of the hottest sectors in the cryptoconomy right now is the NFT arena where we’re seeing media lego projects start to come alive like never before.
That’s why another one of the more intriguing elements of Poolz is how the protocol is embracing NFTs, like via the ERC-721 standard, and this opens up all kinds of promising opportunities for NFT users like dynamic ratio auctions and beyond.
Of course, we’ll have to wait and see what creators and innovators cook up with this system, but if Poolz can really ramp up from here then expect to see more creative NFT forays facilitated by the protocol.
Poolz’s Roadmap:----------------
Q4 2020 is all about bringing Poolz into the limelight with things like pre-listing POZ and DEX listings. This period also bears witness to the creation of the first pools and swaps on Poolz.
Then in Q1 2021, the project is doubling down on extending the Poolz ecosystem by integrating cross-chain swaps, ERC-721 tokens, bid auctions, and more. We’ll also see the launch of Poolz governance and POZ staking during this timeframe.
In the meantime, it’ll be interesting to watch where Poolz goes from here. The project has the makings of a promising upstart DeFi protocol, but only time will tell if the Poolz vision will fully come to fruition.
My Final thought :-----------------------
According to the information that I find out, Poolz is accelerating its development to soon bring products to the community of users. With Poolz’s idea, probably many people will be very curious about what Poolz solution will bring. For how they would bridge the gap between project owner and investor, provide immediate liquidity option for promising projects while also providing investor access to swap pools monopoly. With what DeFi has shown so far, we can hope that this market will continue to grow strongly in the future. And moreover, Poolz is also showing off as a company that has a clear strategy when the target audience has been identified from the start. Poolz showed me the confidence of the development team. With the information I have, Poolz receives an investment from MarketAcross and OMS Capital. POOLZ is a hot demand defi project now which is on the top list to the investors. As an wise investors, i would recommend to participate in token sale before sold out. It is The best DeFi protocol in 2020 cryptocurrency bulling world. Finally , I can say with full confidence that the project is really a breakthrough project, its benefits, both for the economy and for protecting the environment, are obvious.
Thanks To All
Resources for more Info's:----------
Website: https://poolzdefi.com/
Medium: https://medium.com/@Poolz
Twitter: https://twitter.com/Poolz__
Telegram: https://t.me/PoolzOfficialCommunity
Telegram Announcements: https://t.me/Poolz_Announcements
Github: https://github.com/The-Poolz
Author Info's:--------------
Bitcointalk Name : Christina Rossetti
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=277386