Poolz Introduction
DeFi іѕ а peer tо peer finance system running оn BlockChain Technology. Mоѕtlу іt runs оn Ethereum Blockchain. Thе DeFi market іѕ increasing day bу day. At thе time оf writing, а total оf $11.27B іѕ locked іn thе DeFi market whісh іѕ increasing rapidly. Mоrе projects аrе coming еvеrу day whісh іѕ creating thе DeFi trend.
Whаt іѕ Poolz DeFi?
Poolz DeFi іѕ based оn thе DeFi protocol аnd іtѕ Decentralized Layer-3 swapping protocol. Itѕ vision іѕ tо find а Decentralized wау tо connect thе early-stage blockchain-cryptocurrency innovators аnd investors. It wіll аllоw project owners tо manage liquidity whісh wіll bе visible fоr investors. Poolz іѕ built аѕ Dao Protocol оn Ethereum Blockchain. It adopted thе theory оf Decentralisation. Transparency ensures thе safety оf bоth parties. Whісh wіll bе adopted bу Poolz DeFi.
What you need to know about the Poolz DeFi project?
And here, first of all, it is worth highlighting the direction of activity of this project. The key goal is to combine
all existing liquidity from the preliminary stage of listing.
Competitive portals are not able to offer such solutions, it is for this reason that Poolz DeFi seriously stands out from the general background. All funds that will be received will begin to be kept on a special contract.
In modern realities, this is important, because it is not possible to deceive the contract or somehow change the existing algorithms. Also, the specialists of this project are actively trying to convince that any risks are excluded, which is why maximum confidence is provided.
PoolzSupported Blockchains:
Poolz DeFi is Built on Ethereum Blockchain. In due time, Poolz will have Multi-Chain support and cross-chain integration as reported by Poolz DeFi blog.
Supported Wallets by Poolz DeFi:
Currently, Poolz DeFi supports Metamask Wallet as it is based on Ethereum Blockchain. Metamask helps you to connect your wallet without compromising your Private Key which provides safety for your assets.
Metamask Wallet LogoAs per their Litepaper, they will support other blockchains too. For supporting these blockchains they will offer WalletConnect, Coinbase Wallet, Fortmatic, Portis.
Supported Tokens:
At present, Poolz supports only ERC-20(MVP Phase) tokens. In future, they will add support for ERC-721 as well as Multi-Chain token standard.
Overview On POZ Token:
POZ is the native token on the Poolz DeFi platform. It's an ERC-20 token. It is the acronym of PoolzDeFi Token.
Important to know:
Token Name: PoolzDefi Token
Ticker: POZ
Type: ERC20
Initial Supply: 750,000
Total Supply: 5,000,000
Source: https://docs.poolzdefi.com/getting-started/the-poz-token
POZ Token Usage
POZ will be the native token of the platform. So it will be used for Staking & Rewards, Governance, and Token Burn.
Staking & Rewards: POZ Token holder can stake their POZ token to earn staking rewards. Also, liquidity providers will get their reward in native POZ token.
Governance: Like other DeFi platforms, Poolz DeFi also offers voting rights for the POZ token holder. POZ token holder can get voting right by staking a certain amount of POZ tokens.
Token Burn: Poolz DeFi will buy back POZ tokens and burn them. The burning of the tokens will ensure higher ROI for the investors.
Advantages for Liquidity Providers
Poolz ensured to reward the Liquidity Providers. Thus, they will be benefited. POZ token holders will get special access to the pool. They will have the access to every pool on the protocol for an initial duration after the launch. Moreover, there will be special discounts for POZ token holder. Do you guess? I think, not. They will also offer a better swap ratio for the token holders.
Key Feature of Poolz DeFi:
Poolz DeFi is fully Decentralized, non-custodial, trustless layer-3 Swapping Protocol.
Users of Poolz DeFi will be able to change the parameters by their voting power. That will be implemented by its governance model.
Poolz DeFi is an open-source project. So, everyone has secure access to its code.
Poolz DeFi is a Decentralized project. One and only community has the power to control it. The developers can't misuse the project.
It offers optimised and enhanced contract architecture.
The innovators will have a lesser gas fee for registering their pools compared to other market standards.
Know more about this amazing project
Project benefits
Among the main advantages of the Poolz DeFi project are:
A truly innovative idea
has been applied that can please a huge number of users. This is important,
as it provides complete confidence and security for all
market participants .Smart smart contracts developed. It
is not
possible to somehow influence their work or change the existing algorithms . It is thanks to this that the project seriously stands out from the background.Its main task is to give access to participants who
do not have much experience or they simply do not understand how to properly
organize work and create favorable conditions for development.A simple and intuitive interface has been developed,
every person can easily deal with it, which also makes such a
platform stand out from the background.
Road map
Conclusion
Thе idea bеhіnd POOLZ platform іѕ outstandingly unique. Bridging thе gap bеtwееn thе investors аnd thе owners оf projects іѕ оnе thіng thаt Crypto enthusiasts hаѕ аlwауѕ bееn longing for.
Poolz іѕ аn exceptionally high-caliber аnd dependable cryptocurrency platform. Thе group wаѕ dоіng аn astounding works adequately аnd actualizes еvеrуthіng аѕ іndісаtеd bу іtѕ соurѕе оf events.
I thеrеfоrе invite Crypto traders аnd investors tо bе part оf POOLZ protocol аѕ thеіr idea іѕ ѕесоnd tо none.
Poolz DeFi is a project with a future. And most importantly, he is faced with fairly simple tasks that can be implemented
at an early stage. In addition, the project has the ability to create maximum balance and stabilize the existing environment. Therefore, one should not be surprised that it provides universal conditions that will delight everyone without exception.
More Information:
Website: https://poolzdefi.com/
Whitepaper: https://docs.poolzdefi.com/whitepaper/litepaper
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/PoolzAdmin/Poolz
Discord: https://discord.gg/8REVabc
Author:
BTT UserName : CryptoDost
My Account : https://bitcointalk.org/index.php?action=profile;u=2792606
ETH Wallet Address: 0x27C0928A9A1c2cD629C7B8f95413d114Ab4D9560
Proof of authentication : https://bitcointalk.org/index.php?topic=5280470.msg55336402#msg55336402