POOLZ DEFI NETWORK ENCOURAGING INVESTORS TO CONTROL LIQUIDITY AUCTIONS
DeFi is one of the biggest trend in finance in the world today. The joy of borrowing funds or opening an account yourself without the need of any intermediary cannot be explained. DeFi replaces intermediaries with smart contracts. Tokenization has also contributed in the advancements. Tokens operated on the cryptocurrency blockchain are smart settlements on its own. Financial products have recently been tokenized on Ethereum.
INTRODUCTION TO POOLZ:
Poolz is a DeFi application encouraging inventors to control liquidity auctions. Different programs have emerged such as Initial Liquidity Offering(ILO), Initial DeFi Offering(IDOs) when inventors were on the look-out for a decentralized and safe way to fundraise their projects. Investors not only have to be qualified to list their projects on exchanges but to also find liquidity funding for their token. This presents investors with a means to gain more from liquidity mining. Investors will have the right to any pool present on the Poolz platform(Ongoing or past). The user interface of Poolz involves active participation, so the investors can select any pool of his/her choice to invest in. Investors can create, then confirm the kind of pool they want, the form and quantity of token to be received. Poolz platform directs them to the kind of tokens they can exchange their original tokens for. It makes the whole process easier and safer for the investors.
POOL STATUS:
The pools accessible in the Poolz DeFi will include one of the following composition at some point. The trading tokens will be moved to the receiver's account relying on the pool's state or the type.
- Created: This is accessible to all POZ token holders, and they can also enjoy the benefits that come with owning the POZ token.
- Open: This can be used by all the users present on the Poolz platform. Anyone can join hands to run the pool smoothly.
- Out of stock: The predetermined quantity of tokens is exhausted, yet the pool's period has not finished. In the TLP kind of pool, the tokens are not to be distributed to liquidity suppliers till the pool's period is finally complete.
- Finished: It has completed its period and arrived at the close of the period and token unused will be given back to the project owner in his/her wallet. Investors can also exchange their tokens using TLP.
- Closed: All the tokens are successfully shared out and calculated time for the pool is finished.
POOLZ(POZ) TOKEN:
The POZ token is a token built on the Ethereum blockchain that will be adopted for administration, encouragement etc. 5,000,000 POZ will be supplied in total. From the 5,000,000 POZ tokens distributed, 1,850,000 POZ is shared as swapping incentives for the sake of the liquidity owners partaking in pools that are available on the Poolz DeFi. 1,750,000 POZ is shared as staking incentives that token holders will receive yearly, private and public sales will receive 750,000 POZ, 500,000 POZ will be given to the crew and advisors as incentive and lastly 150,000 POZ is shared to other exchanges for liquidity after being listed.
USEFUL LINKS
Website: https://poolzdefi.com/
LitePaper: https://docs.poolzdefi.com/whitepaper/litepaper
Join Poolz Telegram Community: https://t.me/PoolzOfficialCommunity
Twitter: https://twitter.com/Poolz
Medium: https://medium.com/@Poolz
Github: https://github.com/PoolzAdmin/Poolz
Discord: https://discord.com/invite/RgPjgUY
Telegram Channel: https://t.me/Poolz_Announcement
Publishers Details :
Bitcointalk Username : Bukalala
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2835402
POA : https://bitcointalk.org/index.php?topic=5280470.msg55402979#msg55402979
ETH Wallet : 0xea86c50c3De18782DB3aDb93AA634383c1D09B50