PoseiSwap - a user-friendly decentralized exchange platform
About this PoseiSwap platform.
PoseiSwap is a decentralized exchange technology that operates on the Nautilus Chain Layer 3 blockchain and is supported by smart contracts. platform aims to improve the overall trading experience of cryptocurrency traders, by offering a quicker, more affordable, and private way to trade that complies with regulations. The POSE token serves as the basis for the governance and management of the PoseiSwap ecosystem. It can be used for staking, voting, yield farming, and other activities inside the PoseiSwap ecosystem. The future of decentralized exchanges awaits you when you join the PoseiSwap community!
What can this platform offer?
- PoseiSwap offers a high speed and affordable cryptocurrency trading. This is made possible by the Layer 3 blockchain, the Nautilus Chain, which employs a modular rollup chain and currently achieves over 2,000 TPS, which is many times more than other EVM chains. This number is anticipated to rise sharply as Nautilus developers and PoseiSwap take advantage of Nautilus' modular nature to create an app-specific rollup.
- PoseiSwap offers a private Cryptocurrency trading by allowing users to trade using Nautilus Chain’s upcoming zk-tech. Traders will be able to swap and profit without having to signal their next move. For anyone who wants to keep their trading information private, this particular offer will be helpful.
- PoseiSwap will offer a platform that complies with regulations to a high degree by having an OFAC-compliant module and a permissions pool of assets. Users will feel more secure trading without worrying about forthcoming regulations as a result.
PoseiSwap; Offering solution to current DEX scenario
PoseiSwap seeks to address the issues of high costs, a lack of privacy, and non-compliance that is common within the other decentralized crypto exchanges by being fast, cost-effective, private, and complaint
- Fast and Affordable: PoseiSwap runs on a Layer 3 blockchain, the Nautilus Chain, which implements a modular rollup chain that starts with over 2,000 TPS — many times more than other EVM chains. That number is expected to skyrocket as Nautilus developers and PoseiSwap take advantage of Nautilus’ modular nature to create an app-specific rollup.
- Private: PoseiSwap aims to address privacy concerns by allowing users to trade using Nautilus Chain’s upcoming zk-tech. Traders will be able to swap and profit without having to signal their next move. This is a significant advantage for anyone who wants more privacy and protection in their trades.
- complaint: PoseiSwap aims to be compliant with regulations by having a permissions pool of assets and an OFAC-compliant module. PoseiSwap will give all users a safe place to trade with confidence and without fear of upcoming regulations. This will be essential as licensing and regulations start to come into play in the DeFi space.
Steps on how to swap and add liquidity
(1). Go to www.poseiswap.xyz and click on connect wallet.
(2). Select Metamask.
(3). You will see this pop-up box in MetaMask and approve it to add the Triton testnet network to your wallet.
(4). To get testnet tokens, you will need to visit the Nautilus Triton Testnet Faucet website :
https://docs.google.com/forms/d/e/1FAIpQLSffkOpZBR5lBX39pD55CJ13kIY5Lr2vmVSdtzPe_L81Y1_yDQ/viewform
Enter your EVM address in the box and claim all test tokens.
(5). Now go back to www.poseiswap.xyz and in the swap tab, do a few swaps.
(6). In the liquidity tab, try adding and removing liquidity.
Who can benefit from the PoseiSwap platform?
- Crypto investors that wants to trade or exchange tokens, NFTs, and other real-world assets that have been tokenized:
Currently, users can swap and exchange tokens in a compliant, cost-effective, and more private manner with PoseiSwap. In the future, they will be able to trade NFTs and tokenized real-world assets on the platform. - Liquidity providers: DEXs are well-known for their reliance on liquidity pools. These pools provide the funds to make the swapping and exchanging of coins and tokens possible. Users seeking passive income can participate by providing liquidity by selecting a pair of tokens of equal value and storing them in a smart contract known as a liquidity pool. By doing this, they will receive 0.17% of all the PoseiSwap transactions using the specific pool they have chosen.
Unique attributes of the PoseiSwap
Token bonding, which is a need for DAO participation, is one example of an innovative feature. It makes sure that only individuals with the greatest stake in the project’s long-term success can influence its course.
In order to deter dishonest behavior and safeguard the ecosystem’s long-term sustainability, this is being done. With regard to comparative advantages, Nautilus (Zebec’s L2) combines the speed of Solana with the reliability and decentralization of Ethereum.
It also has a highly scalable modular structure, which will allow PoseiSwap to simply and quickly deploy not only the core features but ecosystem updates as well, such as ZK-rollups, when they become available.
#POSEISWAP $POSE #DEX ##NAUTILUS #EXCHANGE
Useful links.
Website
Twitter
Discord
Medium
Telegram.
Writer’s information.
Forum name: Brown36
Telegram: @ Skureki
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2785648
Wallet address: 0x14B114E8546a8F6383727e7BC0a7bC72E1cA5ED4