PoseiSwap is the first Dex on the Nautilus Chain and was created to offer users and project developers the greatest possible trading and liquidity provision experience. It is a Layer 3 blockchain that is powered by smart contracts and is governed by the POSE token. PoseiSwap is a decentralized platform that offers a fast, private, and compliant way of exchanging cryptocurrencies and tokens on the Web 3. With this platform, users can easily swap their coins and tokens without any intermediaries, making it a highly secure and transparent
In this amazing platform, users will be able to swap tokens, provide liquidity to earn yield, farm through staking LP tokens, and participate in governance features such as proposing and voting for new pools, as well as variable protocol parameters. PoseiSwap was created to address the issues of high costs, a lack of privacy, and non-compliance that is common within other decentralized crypto exchanges by being quick, private, and compliant.
PoseiSwap runs on the Nautilus Chain, a Layer 3 blockchain that implements a modular rollup chain and achieves over 2,000 TPS—many times more than other EVM chains—to address speed and cost. As for privacy, PoseiSwap will address these concerns by allowing users to trade using Nautilus Chain’s upcoming zk-tech. Traders will be able to swap and profit without having to signal their next move. This is a significant advantage for anyone who wants more privacy and protection in their trades. PoseiSwap will be in compliance with regulations by having a permissions pool of assets and OFAC-compliant module.
Tokenomics The PoseiSwap decentralized exchange is powered by the POSE token. The world of decentralized finance will continue to expand and advance, especially in Layer3, as more traders see the potential of POSE and join the PoseiSwap community. We’ll look at how POSE is empowering both the Poseiswap ecosystem and its consumers in this article.
Unlocking the Benefits of PoseiSwap Token: A Comprehensive Guide to Staking, Voting on DAO Proposals, Yield Farming, and Referral Programs Staking: You can stake with POSE tokens. In order to receive a POSE derivative token called sPOSE (s staked POSE), which is used for voting and other governance operations, holders can lock their tokens into staking here for a period of time ranging from 30 minutes to up to 4 years. Voting: Within the Poseiswap Ecosystem, one can vote on DAO proposals using the sPOSE token. Yield farming: Users can invest liquidity pool or the sPOSE token to receive rewards. Referral program: users that refer friends to PoseiSwap are rewarded by the Poseiswap Ecosystem. When someone uses the Poseiswap token in a swap, a farm, or other transaction, the referrer may receive rewards.through a referral link they have created.
Token Allocation 45% is allocated to liquidity and mining
7% is allocated to validators airdrop
20% is allocated to the ecosystem
4% is allocated to public sales
20% is allocated to the team
3% is allocated to investors
HOW TO GET THE NAUTILUS TESTNET TOKEN (tZBC)
1). Go to https://faucet.nautchain.xyz/.
2). Select metamask.
3). . You will see this pop-up box in MetaMask and approve it to add the Triton testnet network to your wallet.
4). To get testnet tokens, you will need to visit the Nautilus Triton Testnet Faucet website :
https://docs.google.com/forms/d/e/1FAIpQLSffkOpZBR5lBX39pD55CJ13kIY5Lr2vmVSdtzPe_L81Y1_yDQ/viewform
*Enter your EVM address in the box and claim all test tokens.
5). Now go back to www.poseiswap.xyz and in the swap tab, do a few swaps.
6). In the liquidity tab, try adding and removing liquidity.
- you can now trade and earn.
CONCLUSION
PoseiSwap is a decentralized exchange that aims to make DeFi more accessible to everyone by addressing issues such as speed, privacy, and compliance. The Nautilus Chain is the ideal blockchain partner for the platform’s scalability and zk-tech will provide traders with the privacy they need to protect their identities. As a result, users can benefit from lightning-fast transactions, lower fees, and privacy. PoseiSwap is demonstrating its commitment to mass adoption and catering to the evolving needs of DeFi space and blockchain networks.
For more information please visit
Medium: https://www.poseiswap.xyz/
Twitter: https://twitter.com/poseiswap
Discord: https://discord.gg/rWdHnb45UG
Medium: https://poseiswap.medium.com/
Telegram: https://t.me/PoseiSwap
Writer’s Information
Name: oladejo David
Bitcointalk Usernname: @sirtobee001
Telegram Usernname: @olaleyee
Bitcointalk Profile Link-https://bitcointalk.org/index.php?action=profile;u=2363382;sa=summary
Proof Of Authentication- https://bitcointalk.org/index.php?topic=5448733.msg62120072#msg62120072
BSC Wallet Address: 0x13B8aDa0a8b0e366B26Ff581e3BE9B5635DdB198