DeFi has grown in popularity due to global access to financial services, cheaper cross-border payments, good privacy and security compared to conventional systems. Some of the popular DeFi platforms in 2020 are Aave, Maker, Uniswap, Yearn Finance, and Compound. However, for all its advantages, Uniswap and other traditional trading protocols based on DeFi, have not been specifically designed to facilitate liquidity distribution and auction.
This is what encourages Poolz to innovate, presenting a platform for easy early-stage liquidity bootstrapping.
Poolz is a decentralized Layer-3 exchange protocol, which enables early-stage innovators and investors to connect. Its decentralized system allows project owners to manage liquidity auctions without being controlled by any central party, bringing them closer to early-stage investors and liquidity miners. What’s more, with increasing technology and DeFi requirements, a truly decentralized, integrated, and enabling ecosystem for cross-chain transactions are increasingly needed. That is why POLLZ is confident that this L3 will be the best choice allowing project owners to conduct pre-list liquidity auctions safely and easily.
Poolz is designed to be open and accessible to investors, this will make it easier for users to participate in liquidity auctions from an early stage. Everything is designed to be transparent, so investors can see the pool specifications, swap ratios, estimated assets received, and distribution schedules.