Poolz Protocol DeFi. What is Poolz And the Difference from other DeFi?
WHAT IS POOLZ ?
Poolz is a decentralized, Layer-3 swapping protocol that bridges the gap between project owners and investors, providing an option for immediate liquidity to promising projects while offering investors access to exclusive swap pools or enabling startups to manage liquidity auctions, thus bringing them closer to early-stage investors and liquidity miners.
HOW POOLZ WORK ?
Unlike other DeFi where there is a partial centralization, Poolz is a fully decentralized, non-custodial, and trustless ecosystem where investors can leverage the platform to discover promising and disruptive projects with high potential value
POOLZ SOLUTIONS
Market is becoming competitive and challenging due to recent fast pace developments in crypto community as a whole. This has caused many projects to change strategy and they now have to seek liquidity investments for their tokens. Which only favour early investors more with more and higher returns.
Poolz will solve these by providing different great features like :
- Trustless ecosystem
Poolz have used React Native to build the responsive Poolz UI, along with an intuitive information architecture for a compelling UX. And this will make the project more user friendly than others, there will be no scalability issue and this project won't be able to get tampered by any king of bugs.
- Secured with Solid back-end smart contract
With this, Poolz ensured optimal security while achieving complex member variables, hierarchical mapping, and layered inheritance in the MVP. And also, Poolz is non-custodial by which all funds on the platform are held in auditable smart contracts.
THE ACTIVITIES OF PROJECT OWNERS AND LIQUIDITY PROVIDERS ON POOLZ
Project owners will Create pool while liquidity providers will select pool :
Project owners can initiate a pool by clicking on the ‘Create a Pool’ button while liquidity providers will be able to browse all pools hosted on the platform both past, ongoing, and upcoming. So, the LP can click on the ‘Join’ button for their chosen pool. In the setup interface, they need to input either the amount of auctioning tokens that they want to buy or how much ETH/DAI they want to invest.Supported Blockchains & Wallets for both LPs and POs :
Here, project owners first need to select the blockchain protocol relevant to their project, as well as a cryptocurrency wallet. While LPs can browse the above information, to participate in the pools they have select a blockchain ecosystem of their choice and connect a relevant wallet. In this regard, they will have the same choices as project owners.
In the MVP stage, Poolz supports projects based on MetaMask wallet and Ethereum
In the future, the platform will support other blockchain ecosystems and users will be able to integrate different kinds of wallets like WalletConnect, Coinbase Wallet and many more
Aside from all these, investors will be able to run a basic authenticity check before choosing a pool. This includes reviewing the smart contract, the owner’s portfolio, and other similar documentation to avoid scam tokens and frauds.
ABOUT POZ TOKEN
POZ is the ecosystem’s native ERC-20 token and The POZ token is beneficial to both investors and liquidity providers.
CONCLUSION
Poolz is an Advance DeFi and NFT project which brings connections between Liquidity providers, investors, and Project Owners to provide transparent and accurate ways of solving financial problems.
And POZ token will be very useful will be used for incentivization, governance, project development, and token burns.
SOCIAL LINKS
Website : https://poolzdefi.com/
Telegram : https://t.me/PoolzOfficialCommunity
Twitter : https://twitter.com/Poolz__
Discord : https://discord.gg/RgPjgUY
PROOF OF AUTHENTICATION
https://bitcointalk.org/index.php?topic=5280470.msg55330328#msg55330328