Introduction
Decentralized finance is one of the most sought aspects of the blockchain industry and crypto space, and it continues to grow with the increasing market opportunities in the sector. New technologies are continuously introduced into the industry to match up the opportunities and deliver excellent services backed by blockchain technology to businesses and organizations. To achieve this, it is important for these new technologies and projects to equip themselves with excellent and exquisite processes and structures. This is why the Poolz DeFi network focuses on creating an ecosystem, which firmly supports its vision, and encourages a successful actualization of satisfying the financial and business needs of its users. We will discuss the ecosystem of the Poolz network under the following sub-headings;
Types of Poolz Users
We can mainly identify two categories of users under the Poolz network, the business owners or innovators, or Pool initiators, and the Liquidity providers or investors.
Kinds of Pools
Poolz network offers two different types of pools on its platform: the Direct Sale Pools and the Time-Locked Pools.
Direct Sale Pools (DSP):
These types of pools on Poolz do not possess any lock-in period. The auctioning of tokens under this type of pool is not subject to any span but the exchange can be done immediately. In this type of pool, the investors can instantly receive the tokens after the exchange process.
Time-Locked Pools (TLP):
For this kind of pool, there is a lock-in period of tokens and it stays this way until a pre-set time elapses. It is after the termination of such a timeframe that the investors can get the swapped assets. In the Time-locked pools, the innovators adopt smart contracts to help them design the terms for the lock-in periods and the release of the exchanged assets at the end of the period. For instance, the POs may decide to predefine the release of 40% swapped tokens at a particular time and the remaining 60% at another period, probably after verification.
User Flows
The flow explains how each user operates within the platform and the Poolz platform has two distinct types of flows on the based on the user. Each flow possesses unique features that relate to the particular user.
Pool Status
The state of the pool at every time also explains the ecosystem of the Poolz network. These statuses help the users to understand the stage of a particular at any specific time. Some status of pools of the platform includes creation, open, out of stock, finished, and closed.
Governance Model
The Poolz network will expand to a completely decentralized community governance model built on the Proof of Stake (PoS) consensus mechanism, after starting from an administration platform during the MVP stage. Hence, as a decentralized platform, the users and POZ token owners will have active involvement in the important aspects within the network. Some of these aspects will include token utility, platform fees, terms of pool creation, and product features. The governance model of Poolz will also integrate its users to the decision-making plans that affect the future prospects and trajectory of the project.
USEFUL LINKS
Website: https://poolzdefi.com/
Lightpaper: https://docs.poolzdefi.com/whitepaper/litepaper
Whitepaper: https://docs.poolzdefi.com/whitepaper/whitepaper
Telegram: https://t.me/PoolzOfficialCommunity
Twitter: https://twitter.com/Poolz__
Medium: https://medium.com/@Poolz
Discord: https://discord.gg/RgPjgUY
AUTHOR'S DETAILS
Bitcointalk Username: Whipcloth
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768216
Proof of Authentication: https://bitcointalk.org/index.php?topic=5280470.msg55330151#msg55330151
Eth Address: 0x7AEc70455aC136D09E315A1D2e5ddaE83D8Cd0Cb