POOLZ PLATFORM SIMPLIFIES LIQUIDITY AUCTION
Decentralized finance(DeFi) is regarded as a new paradigm in the financial industry, it undoubtedly proffers a better financial alternative for experts,beginners,professionals and everyone else who has a stake in the financial industry. However, it is yet to attain mass adoption around the globe.
For project owners, the fierceness of the competition among projects as well as the various changes taking place within the crypto market has presented some difficulties in project development and liquidity auctions while investors struggle to keep up with the pace of these changes as regards to rewarding and beneficial swap pools.
INTRODUCING THE POOLZ PLATFORM
POOLZ is an innovative swapping protocol built on the blockchain infrastructure to facilitate a decentralized approach aimed at bringing early blockchain-crypto innovators and investors together.
This network is developed with a simple to use interface on which project developers can initiate and conveniently manage liquidity auctions in a way that investors will have no difficulty discovering it on the platform.
HOW POOLZ PROVIDES TRADING LIQUIDITY
Poolz opens its system as an avenue where liquidity could be easily exchanged for a project's token, with ease.
It allows any cryptocurrency project to begin a liquidity pool, where the market makers also called liquidity providers are invited to provide the liquidity required for the efficient performance of the project in the crypto market, and as a reward, they get the system's token.
As part of the process of launching the liquidity pool, the project has to include all the necessary details about the pool which is then displayed on the Ethereum Blockchain, which is the underlying Blockchain of the Poolz system, so that the participants in liquidity provision will be fully informed before taking part.
The market makers on the other hand is then able to take part by providing the liquidity asset listed on the contract, and then get rewarded, with the time of reward depending on whether the pool is a Direct Sale pool or Time-locked pool.
It is also known that current DeFi's mainstreaming is not only ravaged by scalability issues, existing projects on the network possess very steep learning curves and an interface that makes navigation cumbersome for users, more so, badly written and bug ridden smart contracts also threaten the potentials of DeFi.
Fortunately, POOLZ has figured out a way to resolve these problems by utilizing React native to create the responsive Poolz UI complimented by an intuitive information framework for a compelling UX.
There are just countless benefits accrued with making use of the Poolz platform, either as a market maker or a cryptocurrency project.
The poolz network has developed an erc-20 token POZ which serves as the substrate's local currency which serves the purposes of transactions, incentivization, project development and token burns. It also provides a lot of opportunities and perks on the substrate for holders of this unique token.
BENEFITS OF THE POZ TOKEN
Firstly, holders of the POZ token are eligible to participate in every pool provided on the substrate after it has been initiated and they can earn more benefits by staking the token on the system.
exclusive pools tend to proffer special discounts for token holders thereby increasing benefits from liquidity mining for users.
The network intends to give token holders voting rights by moving for a regular proof of stake consensus mechanism which is characterized by staking of the POZ tokens on wallets specified for such purpose.
The pool network is the most ideal and sustainable alternative for innovators within the crypto industry to maximize liquidity auctions conveniently.
It is designed to bring investors and project owners together as well as provide the required liquidity for highly viable projects as well as providing investors accessibility to a range of beneficial swap pools within the ecosystem.
Join Poolz Telegram Community: https://t.me/PoolzOfficialCommunity
Telegram Channel: https://t.me/Poolz_Announcement
Bitcointalk Username- Corodo
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2792762;sa=summary