Hello Guys, today I will introduce you to our publish0x again, a project that was launched last week and has received a lot of attention from crypto investors. The Poolz project was a success during its initial funding, earning $ 180 000. What a great start in today's Defi world.
If you are someone who is currently struggling and trying your luck by staking and farming, this project is one you can follow. With poolz, we envision an untrustworthy crypto market, which offers aspiring beginners, selfless access to a market that is willing and liquid, able to land a basic project. In addition, it eliminates the need for and costs for ICOs and IEOs, as well as the regulatory requirements that follow.
While there are several pioneering platforms that offer liquidity pooling opportunities, the idea from Poolz is to make liquidity collection available for the pre-listing phase of the project, and for existing assets as well.
So it removes the initial barrier to entering a hurdle that chokes off a great solution without the means of getting into the big market. Poolz was built as a DAO protocol on ethereum, and the premise of Poolz's operations and governance is that the community can decide how governance and operations will evolve going forward. In conclusion even though the Poolz team manages the initial operations, the community still has to decide how it will eventually develop.
Please note that this overview is not a complete picture of Poolz's entire operation. It will be available on the litepaper. What is captured here is a brief summary of its operation:
Poolz is a fully decentralized layer-3 exchange protocol that allows newbies and project owners to auction off their tokens for bootstrap liquidity. As the blockchain-cryptocurrency community moves closer to absolute decentralization, Poolz empowers innovators in their pre-listing phase, bringing them closer to early stage investors.
Investors, on the other hand, can take advantage of the Poolz platform to find promising and disruptive projects with high potential value. In this regard, the platform offers a safe and intuitive way for investors to get substantial long-term returns from their assets. The Poolz platform has two main user categories - Project Owner (PO) and Liquidity Provider (LP) - and different flows for each of them. For a high-level understanding of how this works, consider the following situations.
Before proceeding, please note the following general information, which applies to POs and LPs on the platform.
- Blockchain Supported: Ethereum (MVP phase). In the future, Poolz will have multi-chain support and cross-chain integration.
- Supported Tokens: ERC20 (MVP phase). In the future, Poolz will integrate ERC721, along with a multi-chain token standard.
- Supported Wallets: MetaMask (MVP phase). In the future, Poolz will integrate WalletConnect, Coinbase Wallet, Fortmatic, and Portis, as well as other non-ERC20 wallets.
So! What its Poolz Decentralized Layer-3 swapping protocol ?
As mentioned earelier, Poolz is powered by Ethereum network and it implements POZ token which is ERC20 token . POZ token will serve several utitlity purpose on POOLZ platform . It will be used for incentivization and Users earn more POZ token for holding their bags of POZ tokens . In Poolz Platform there will exist 2 different thypes of Pool. Namely ; Direct Sales Pools (DSP) ans the Time Lock Pools (TLP).
The Direct Sales Pools allows Sold tokens to be released immidiately after SWAPPED while the Time Lock Pool (TLP) allows tokens to be locked for particular period of time before release to the investors.
In Poolz Ecosytem there exist 2 types of Market players which includes the Liquidity Provider (LP) and the Pool creators who are the project owners who are in need of pools .POOLZ automated market making system enabled any one to be a market maker and having priviledge to purchase their tokens at a very fair price and yet get rewarded by the system
POZ token : POOLZ platform is powered on POZ token . It is an ERC20 token .Amongs the utility functions of POZ token includes : Governance, incentivization, Project development and token burning acrross Poolz network .
Final Note
Poolz is a liquidity Exchange platform which is designed as a liqudity providing platform for DeFi Startup project and established projects willing to raise funds for their various projects. Poolz is sanitizing the entire Fund raisiung ecosystem in Crypto space . The existing system of offering huge discount for the market makers which at the end ruin the token value at the short run is gone .
With Poolz automated system of market making , the whol proccess is conducted fairly and the token value gain stability . This is a new revolution in DeFi Space . Its going to be very huge. For further information about Poolz platform , follow the official links below.
MORE INFORMATION
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
Our live code on Discord: https://discord.gg/8REVabc
E-mail: [email protected]
Author
Ico.best
Wallet address : 0x8Ee0900524557253c7Db97B530b91D08E9F88367
POA. https://bitcointalk.org/index.php?topic=5280470.msg55448842#msg55448842