How to Determine the Status of Your DeFi Trades on Poolz DeFi
Do you want to trade on Decentralized Finance (DeFi) assets? I assume you have learned about Pool DeFi, which is a new platform with sterling options for DeFi assets. As a user, you will have unlimited access to different instruments you can count on anytime you want to trade on your favourite DeFi assets.
Now, the challenge some potential users of the platform may have is how to master the different types of trades and their signals in the broader Poolz DeFi ecosystem.
Below I have explained the different types of transactions, how to determine their status, and the additional information you always wanted to know about this new DeFi trading platform – Poolz DeFi.
TYPES OF POOLS ON POOLZ
The first consideration is the types of pools cum DeFi assets you can trade on Poolz DeFi. Here are the 2 major pools and what they hold for the DeFi industry:
Time-Locked Pools (TLP)
The first type of pool is called Time-Locked Pools (TLP). As the name suggests, trading on DeFi assets under this category is facilitated based on the set duration, it means that all transactions within the pool will be coordinated within the set time, and if they are not completed within that time, they may become invalid.
Also, the Decentralized Finance (DeFi) tokens traded in this pool will be locked for a specific period during which investors can purchase and trade on the tokens. Also, the pool will not be opened until all the tokens are traded or sold or until the predefined lock-in period has been attained.
Besides, the pool creators are empowered to set the predefined lock-in period to a time they feel is feasible. That is not leaving out the fact that the pool creators are also allowed to release the locked DeFi tokens in a value that they determined.
Direct Sales Pools (DSP)
This is a direct opposite of the Time-Locked Pools (TLP) in the sense that the DeFi tokens and assets issued here are immediately distributed or disbursed to the investors.
That makes the Direct Sales Pools (DLS) better for DeFi traders and investors that want to receive their swapped tokens immediately. Also, you can continually maximize that opening to reinvest your earnings pending the completion of the predefined number of tokens to be issued.
THE DIFFERENT POSITION OF THE POOLZ DEFI
Poolz DeFi has 5 different positions that inform the investors cum traders on the current status of the pool.
They include:
Created
The pool to be traded on will first be created before any transactions can be made via that medium.
Open
The pool will then be opened for transactions. Have in mind that because of the disposition of this project (Poolz DeFi), only holders of the POZ token will be allowed to actively participate in the activities in the open pool.
Finished
If activities in the pool are declared Finished, it means that the pool has reached the predefined period of trades. And if tokens haven’t been fully disbursed, they would be sent to the PO’s wallet.
Out of Stock
In some other cases, the tokens may be sold out before the end of the pool’s duration. It is under such circumstances that the Poolz DeFis is declared Out of Stock.
Closed
Finally, the pool will be declared Closed if all the predefined tasks (stipulated duration of the pool and issuance of all tokens) was attained.
FINAL THOUGHTS
You can now swap your Decentralized Finance (DeFi) assets in a relatively new pool that is void of hitched transactions, security lapses and insufficiency of liquidity because investors don’t want to commit their funds.
The pool you need is Poolz DeFi!
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
Proof of authentication: https://bitcointalk.org/index.php?topic=5280470.msg55594275#msg55594275
AUTHOR’S DETAILS
Bitcointalk Username- Vunchan
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2774784