POSEISWAP - the first decentralized exchange on the Nautilus Chain (Zebec Protocol)

in #dex2 years ago

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Hello friends, in the past few years, the cryptocurrency market has developed very quickly and it is gradually taking over the financial market in the world. It appears everywhere, especially in developing countries, its influence is even stronger.

Electronic money is also known as digital currency. Simply put, this is a currency that works on algorithms and is stored on the internet, smart devices like computers or phones..etc. For many people, cryptocurrencies can be confusing. However, with commodity budgets, financial institutions, or even institutions in developing countries, all topics see crypto as the fintech trend of the future. The key in transformation technology. That is also why we should know some information about cryptocurrencies.

An innovative cryptocurrency trading and staking platform named "POSEISWAP" has just been introduced, and it provides quick, low-cost, and safe crypto trading.

Platform description

PoseiSwap is a decentralized trading technology that utilizes smart contracts and performs on the Layer 3 Nautilus Chain blockchain. The poseiswap offers a reliable and safe platform for trading cryptocurrencies. The scalable L3 Nautilus Chain, which resolves high gas fees and network congestion typical in other DEXs, is one of its primary advantages, enabling speedy, affordable transactions and anonymity. Users will be able to farm by staking LP tokens on the poseiswap platform and take part in governance features including proposing and voting for new pools as well as changing protocol parameters. They will also be able to swap tokens and provide liquidity to earn yield.

PoseiSwap utilizes the Nautilus Chain, a Layer 3 blockchain, to address speed and cost-effectiveness. The Nautilus Chain implements a modular rollup chain with a current throughput rate of over 2,000 TPS, which is significantly higher than that of other EVM chains. As Nautilus developers and PoseiSwap take advantage of Nautilus' modular nature to create an app-specific rollup, this number is anticipated to skyrocket. By enabling users to trade utilizing Nautilus Chain’s future zk-tech, PoseiSwap will ease customers' privacy concerns. Without having to announce their next move, traders will be able to swap and benefit. Anyone who desires more protection and privacy in their trading will find this to be a big benefit. By having an OFAC-compliant module and a permissions pool of assets, PoseiSwap will be in compliance with all laws.

PoseiSwap offers all users a secure environment where they can trade with confidence and without concern for upcoming regulation. As licensing and regulations start to take effect in the DeFi sector, this will become increasingly important.


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Some uses of the POSE token

  • Staking: POSE token holders can lock their tokens into staking for a period of time ranging from 30 minutes to up to 4 years in order to obtain a POSE derivative token called sPOSE (staked POSE), which is used for voting and other governance activities.
  • Voting: The POSE token can be staked to produce sPOSE, which can then be used in the Poseiswap Ecosystem to vote on DAO proposals.
  • Yield farming: DeFi, especially DEXes, has always been supported by liquidity pools. These pools offer the resources required for the exchanges, swaps, and other products to operate at their best.
  • The Referral Program: The PoseiSwap Ecosystem has a way of rewarding devoted users who recommend PoseiSwap to their friends. Using their unique referral link, a referrer can profit from swaps, farms, and any other interactions with Poseiswap’s products.

Token distribution

  1. Team (20%)
    A fifth of the POSE token supply will be allocated to the team with 7-to-30 months of linear vesting, which means they will receive the same amount every month.
  2. Investors (3%)
    Of course, PoseiSwap would not have existed without the assistance of the people and companies who worked tirelessly to create the fastest, cheapest, and safest DEX on the Nautilus Chain. 2.5% of this 3% will be distributed over a 7-to-30-month of linear vesting. The final 0.5% will be distributed via a Token Generation Event (TGE).
  3. Validator Airdrop (7%)
    Zebec Protocol is one of the biggest partners and contributors to PoseiSwap. For this reason, we allocated 7% of PoseiSwap’s POSE token supply to the holders of the Zebec Node NFT. A Zebec Node NFT entitles its holder to ZBC rewards and the ability to run a Zebec Chain Validator Node later on. The early Zebec Node NFT holders will receive 0.35% (with 1-to-6 months of linear vesting), while the new ones will receive 1.05%. (1-to-24 months of linear vesting). The POSE tokens will be airdropped to their addresses, provided that they have met the conditions outlined here. The remaining 5.6% will be addressed later on.
  4. Public Sale (5%)
    There will be three tiers for the public sale of the POSE tokens:
  • Tier 1: 0.50% will be unlocked at TGE.
  • Tier 2: 2.50% — 7-to-18 months of linear vesting.
  • Tier 3: 2% — 13-to-36 months of linear vesting

5. Liquidity Mining (45%)
Certainly, DeFi and its DEXes would not exist without their very foundation, liquidity pools. The biggest portion of the POSE token supply will be reserved for liquidity mining incentives like rewards to encourage more people to put liquidity on the market, thereby balancing supply and demand and, thus, the price.


Conclusion

Transparency, efficiency, sustainability and security have become important in organizations and these help improve business performance. While many centralized platforms are unable to offer the above mentioned things to their customers, POSEISWAP will make a difference. POSEISWAP has a solution as it is an online platform with many features that allows investors to make internal communication faster and easier, while increasing productivity and efficiency. POSEISWAP has the necessary transparency, long-desired performance, and expected sustainability and security to deliver the results every player deserves.




#POSEISWAP $POSE #DEX ##NAUTILUS #EXCHANGE

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Writer’s information.

Forum name: Brown36

Telegram: @ Skureki


Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2785648

Wallet address: 0x14B114E8546a8F6383727e7BC0a7bC72E1cA5ED4

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Now I trust this project more than before.

POSEISWAPproject is qualitative, it is obvious that the team works and puts in it heart and soul, looking forward to see the development of this project. a very worthy project.

Poseiswap is one of the the best project I have ever participated in, it has an amazing and experienced teams that are working day and night for the success of the project.

i am happy to be able to partner with this project. besides that I saw a team that was very reliable and experienced in managing this project it is not surprising

This project is very promising in the future, don't skip it guys, please join, success for the team and members, good luck always

This project is very strong and good project.

Hard worker team of professionals achieves their goals and increases their potential. Excellent project and purposeful team. I'm sure that the company successful.

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