Decentralized Finance makes the integration of decentralized systems with bank governances. DeFi was formeely known as 'open finance' because of the nature it carried out its processes. DeFi has grown massively within the years as people around the world now recognize and use it. The current DeFi protocol still faces some issues that has still not been solved. Poolz has come to provide an answer to the ever disturbing issue of the DeFi world.
What is Poolz?
Poolz is a DeFi platform that choose to create a sound communication and interaction between innovators and investors. There are many benefits to enjoy being an innovator or an investor on the Poolz platform. Investors will be able to easily access pools present on the Poolz platform even if the poolz is an old one or a new one. This is achieved because of the Poolz platform's UI which runs like that of a marketplace and makes the choosing of different pools by the investors seamless.
Poolz DeFi platform was introduced because projects need to embrace liquidity in order to hold valuable trading pieces on Decentralized Exchanges. There is therefore a need for a decentralized and genuinely cross-chain ecosystem that will enable project owners to easily work around their prohect's pre-listing liquidity auction. This is an advantage for layer-3 swapping protocols like the Poolz platform.
DIVISION OF POOLZ USERS:
One of them are called the investors and the other called the project owners.
- Project owners: The project owners are the people who kick start the creation of the pool. Without the project owner, the existence of a particular pool would not be possible. When a project owner first finds him/herself on the Poolz platform, he/she should proceed to pick a specific blockchain protocol their project will be found on and a safe and trusted cryptocurrency wallet. The MVP stage of the Poolz platform favour the Ethereum blockchain protocol and Metamask cryptocurrency wallet. The future will give users the chance to combine other non-ERC20 cryptocurrency wallets and support other blockchain protocols. Project owners can simply start the creation of a pool by clicking on 'create a pool', after which some details like the token address and the total supply of the token will be added. After the details is filled, project owners click on 'start' to register their projects on the blockchain of Ethereum. Two kinds of fees will be later paid by the project owners for the development of the Poolz platform.
- Investors: When the investors search through all the pools available on the Poolz platform, they also have access to some information concerning the pools. In order to participate in the poolz, investors have to choose a preferred blockchain protocol and connect it with a cryptocurrency wallet. The investor now proceeds to join the choosen pool by clicking on the 'join' button. They also need to fill in some details in the setup interface to specify on whether auctioning tokens are to be bought or ETH/DAI is to be invested.
Useful Informations :
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/PoolzAdmin/Poolz
Discord: https://discord.gg/8REVabc
AUTHOR’S INFORMATIONS :
Bitcointalk Username : Ochawawa
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2830371
Proff of Authentication : https://bitcointalk.org/index.php?topic=5280470.msg55402586#msg55402586
ETH Wallet : 0x0A27df2f6E6f76dE47078D6a47D9cd28Ff8e85c2