General Presentation
Blockchain powered innovation is currently in vogue in the global financial market. When discussing Cryptocurrency with a lay man , Bitcoin is always the bes. However , the industry has gone beyond just mere cryptocurrencies . There are lots of interesting things happening in Crypto space in which one among them is DeFi meaning Decentralized Finance . Currently, things are changing so fast in Crypto space. DeFi has taken the world of Cryptocurrency by storm . Some experts even predicts DeFi might turn to be the next big thing in the global blockchain industry .
A lay person or newby in Crypto will always hunt for Bitcoin but if you are adventurous enough and want to earn bigger profit , why not delve into the world of DeFi , it is a new world entirely in crypto space. I feel at this junction its ideal i briefly explain what DeFi is all about most especially for the poeple who are just hearing about it .
DeFi means Decentralized Finance. It is an entirely new Financial system opened to every citizen of the world . It is a limitless blockchain based Financial system which incorporates Decentralized Apps to power its operation. The System of DeFi is quite transparent , secured and autonomous . DeFi does not implement human resources for his management , it rather implements a powerful Decentralized DeFi Dapp which sees to the day in day out management of users investment. The system is completely decentralized, autonomous and highly flexible . This is in contrast with the traditional Financial setup like Banks and some other established centralized financial institutions because they implements human resources to manage users investments and funds and the entire system is centralized. All services offered in the Centralized Financial set up like SAVINGS, LOANS, LENDING , INSURANCE , TRADING and more are also available in DeFi set up. I wil like to cut my introduction short and move straight up to the business. In this publication , i will be discussing about a ground breaking DeFi platform named Poolz . The team of Poolz developer has launched Poolz platform to proffer a sustainable solution to the prevalent barriers in DeFi space and making the industry highly sustainable .
CHALLENGES
Scalability has been one major challenges in blockchain industry . Currently the booming sector in Crypto space known as DeFi is facing similar problems. There must be flexibility in the use of blockchain and all limitation should be removed . DeFi still has a very long way to reach and for it to reach the main stream and attract mass adoption , all limitations must be removed . A DeFi DApp must be able to accommodate and handle varieties of blockchain network and musnt be limited to a single chain system . There must be a room for Cross chain exchange system , cross chain Swaps. All these solution will make DeFi more attractive to the masses due to its high scalability and flexibility of use.
ICO and IEO system failed because of the lack of transparency in the system and high listing price charged by most of the exchanges . Poolz has emerged to solve all these problems , poolz is envisioned to take liquidity pool rationale into the next level. Poolz will unleash all possibility of liquidity pooling for blockchain startups that is willing to raising funds for their projects
ABOUT POOLZ PLATFORM
Poolz is a liquidity Pool Exchange , pools will be there to make early stage liquidity provision for existing tokens and cross chain token exchange. A startup willing to increase the liquidity of their DeFi token can easily use Poolz platform . Poolz will provide a safe place for investment for everyone . DeFi project has attracted lots of traction since its inception due to its liquidity pooling . This is in contracts with Centralized exchange platform but nevertheless DEX has not reached its expected potentials diue to some limitations in the system . A good example of this limiting factors includes market entry liquidity and startup funding . Poolz Exchange has emerged to charge the narratives for both startup businesses and offering a reliable atmosphere for startup to raise startup funds and increasing liquidity.
Poolz will offer a decentralized crypto market that will help the startup businesses to realized their dreams and ambition . Entrepreneurs , businesses will gain access to unbiased liquidity which will help their innovative ideas comes into reality .Poolz will make liquidity pooling available in the pre-listing phase of a project and also for existing crypto assets .This is a brilliant solution in crypto space.
POOLS ECOSYSTEM (EXPLAINED)
Poolz is developed on DAO protocol on Ethereum blockchain . Decentralized Autonomous Organization set up indicates community takes active role in the governance and decison making of the platform . The community takes the best decision on the management of the platform .
Poolz have an internal token named POZ token . Poolz token (POZ) : It is a the native token of Poolz Exchange , it is basically used for governance , project development and token burns in the poolz network . It is also users for incentivization in the Poolz network. it is a token based on Ethereum network ERC20 token .POZ token functions as a fuel n the Poolz ecosystem . it will be implements for incentivazation , payment of development cost and management . The holders of POZ receive discount based on the amount of their holding .
There are 2 major type of Poolz , namely direct sales Pool (DSP) .In this scenario, token are received directly by the investors after SWAP. Time lock pools (TLP) , this is a scenario where pools have a lock in period , this means tokens will be locked for a specified period of time before being released to the investors. The market players involved in Poolz ecosystem are 2 major categories which includes the( LP) Liquidity providers and the users of Liquidity .
TOKEN PRICE METRICS
Total POZ Supply : 5,000,000
Seed Sale : 240,0000 POZ @ 0.455 USD .25% TGE and 25% quarterly
Private Sale : 360,0000 POZ @ $1 , individual will be able to not more than 2,500 USD worth of PO of which 20% will be released on sales day and 20% a month after sales .The rest 60% will be released for 2 months , 20% each every month.
Auction Poolz : 150,000 POZ will be auctioned at 1.6 USD
UniSwap List : unknown yet.
POZ ALLOCATION
Final thought
Poolz is a decentralized on chain Exchange powered on Ethereum blockchain on POZ token . Poolz will provide solutions to the existing problems in DeFi space . It will offer a decentralized crypto liquid market that will help the startup businesses to realized their dreams and ambition . Entrepreneurs , businesses will gain access to unbiased liquidity which will help their innovative ideas comes into reality.To learn more about Poolz , check the official resources below .
Official links
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
Authorship:
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
Eth address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272
Proof of Auth : https://bitcointalk.org/index.php?topic=5280470.msg55338011#msg55338011
