What Is POOLZ?
Poolz is a Decentralized Layer-3 swapping protocol, based on DeFi infrastructure. Aiming a long-term business opportunity and market scope for layer-3 swapping protocols. 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. Poolz is a decentralized, layer-3 swapping protocol for cross-chain auctions of Fungible and Non-Fungible (NFT) tokens, as well as OTC deals. The core code is optimized for DAO ecosystems, enabling startups and project owners to bootstrap liquidity for their crypto-assets, prior to listing.
How Does The Decentralized Layer-3 Swapping Protocol in POOLZ work?
Basically, there are two categories of Poolz users:
-B2B — Project Owners (DeFi) or Pool Creators
-B2C — Investors or Liquidity Providers (LP)
Project owners side — can initiate a pool by clicking on the ‘Create a Pool’ button. Since Poolz follows a strict non-intervention policy, project owners or POs need to specify following parameters as: The token address, The total supply,The asset for payments, The swapping ratio, The total duration of the pool.
Liquidity providers / investors side — Poolz has a marketplace-like UI, where liquidity providers or LPs will be able to browse all pools hosted on the platform — past, ongoing, and upcoming. At this stage, the investors will have preliminary access to the following information about the pools: Opening Time,Closing Time, Time Left,Token Name, Payment Method ,Swapping Ratio, Status. Moreover, liquidity providers can claim rewards in POZ for contributing to the network and in proportion to their contributions, LP will gain a percentage of the total liquidity deposited over the current week. At the beginning the rewards calculation will be every 4 Hours, can be changed by governance in the future.
While we speak about DeFi, regarding the code Poolz supports fully homomorphic encryption, and Poolz library enables a secure swapping layer and OTC Trading on an encrypted, decentralized environment.
Poolz embarks on a long-term mission to disrupt and fully decentralized liquidity auctions. The project is built with a vision to facilitate greater interoperability through cross-chain interactions in order to provide to the ecosystem a fully decentralized environment.
The code implements DeFi structures such as a fully decentralized system, every sales layer (swapping pools, NTF, OTC, auction deals) will be public and build on a smart contract including Staking mechanism and Governance decisions will be an integral part of the Poolz ecosystem. Furthermore, as a company, Poolz is non-custodial and all funds on the platform are held in auditable smart contracts.
POOLZ Ecosytem Operations
Poolz Dao Protocol: 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.
How Can You Get Benefit From POOLZ?
Swapping Rewards: 37% out of the total POZ supply — 1,850,000 POZ tokens — is allocated for swapping rewards for liquidity providers (LP), who will be participating across the various swapping pools on Poolz. The swapping rewards will be distributed over the next 10 years from launch. The Poolz ecosystem will release 185,000 POZ per year, equaling 3,577 tokens per week. The Poolz community may change the vesting ratio rule after the governance protocol launch
Staking Rewards: 35% of the total POZ supply, or 1,750,000 POZ, is allocated as staking rewards, which will be circulated as average annual yields (AYY) to users who stake POZ. The staking reward tokens will be locked in a publicly-auditable and secure Multi-Sig Wallet. And the rewards will be released in 10 annual instalments over 10 years at a rate of 175,000 POZ per-year.
Voting Right: Aside from constituting one of the most formidable DeFi ecosystems, Poolz DeFi is also creating a distinct Decentralized Autonomous Organization (DAO) ecosystem. It is via the ecosystem that you can use your Poolz (POZ) token to vote for or against major decisions taken on the platform.
Use Case Of $POZ Token
Here are some of the applications and the scenarios where you can use the Poolz (POZ) token both within the Poolz ecosystem and other Automated Market Makers (AMMs) and Decentralized Exchanges (DEXs)
Token Price Metrics And Token Sale process
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.
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.
Having said all these, I believe that you will certainly agree with me that poolz DeFi is a bridging point between business innovators and investors, there peculiarities and infrastructure encourages objectivity, effectiveness, efficiency and transparency that will be mutually beneficial investors and business innovators. The team of poolz DeFi network have really done a good job by giving a truely DeFi platform that actually those what it says, poolz DeFi liquidity will certainly provide a plethora of incredible opportunities for investors during the early stages of the businesses. Poolz DeFi is no doubt a masterpiece.
Website: https://poolzdefi.com/
Lightpaper: https://docs.poolzdefi.com/whitepaper/litepaper
Whitepaper: https://docs.poolzdefi.com/whitepaper/whitepaper
Twitter: https://twitter.com/Poolz__
Discord: https://discord.gg/RgPjgUY
Telegram: https://t.me/PoolzOfficialCommunity
Medium: https://medium.com/@Pool
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