POOLZ PLATFORM: A DECENTRALIZED EXCHANGE FOR SWAPPING CRYPTOCURRENCY ASSETS.

in #poolz4 years ago (edited)

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INTRODUCTION

Trading on the blockchain involves so many operations and to attain a set standard requires a level of sophistication which many platforms lacks already. Decentralization is a major specification for quality trading to be achieved on the blockchain. However, liquidity in the market should never be compromised to aid the process but the present available infrastructures used by traders lacks this which gave rise to the platform called Poolz. The platform is a DeFi program that will change the type of trading done and bring profit to users.

WHAT IS POOLZ ?

This platform is an innovation that seeks to manage financial transactions through a newly introduced protocol on the blockchain. This is a solution provider that should be accepted by all traders. It also offers liquidity which is one of the basic needs for successful Investments is presented to the startups on a plater of Gold and this provision is far above what is obtained under centralized platforms. Coming up as a DEFI innovation ensures that it is able to handle quite a lot of transactions. This project will gain so much attention as the new solution for the Decentralized exchange and executing all the transactions would become very easy. This innovation is far above all the other type of exchange due to the experience of the team behind it. Poolz is set to remove all limitations involved in the crypto market and also plans to keep funding the platform. This is the best solution that can be found on the blockchain. Before it, ICO and IEO have been in control but now we see a new digital network that have no need of those.

Liquidity provision is part of the plan for pools and this is to help startups with the right platform they need to grow and fund their projects. Apart from giving them access to the market, it also plan to improve their operations and provide them funds where necessary.

It is however very important for so many people to know about pools and that is why I am writing this. Through this platform, the blockchain community can now have a trustless marketplace with users who understands how the system works. There would no longer be a need for ICO or IEO because the liquidity market pools would be enough for the investors and they would all know how it works. This project will promote all types of assets and would be a great chance for investors to avoid all of the troubles faced in the cryptocurrency market. The pools would be of two different types with each have something perculiar to it and all representing the liquidity pool that the users need.

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HOW POOLZ LIQUIDITY WORKS

This platform having provided liquidity and having set the best way the platform would be accessed, it keeps on providing the liquidity and eliminate all the limitations associated with the process. Most of those problems are as a result of mononpoly and the Centralized body in charge. That method is really orthodox but poolz now provides a way to go above the limitations through the provision of the Decentralized market place to help all those that are involved. Pools protocol have this responsibility of handling the security pool through the automated market making which is really useful and then users involved can get tokens and begin to contribute to the platform.

The pool type are useful, they are different for some special reason and they both have their needs. Becoming a pool contributor or project owner in this platform would help you understand what each of those two pools represents.

The pool types in this platform involves the direct sales pool and the time lock pools. All the pools in this platform falls into these two categu of pool. The tokens released in each of them are done according to the pools. The pools are able to accommodate all the traders, investor and blockchain users. Moreso, there are two different class of players in this platform , they are the ones that serve as the liquidity providers in the platform, providing liquidity and those who now creates pools. Let us now taking about the pool rule markets, this is the rule guiding the Innovation and how swapping is done on the blockchain.

CONCLUSION

The additional features is a wallet that userd make use of for their transactions. The wallet will be used for swapping cryptocurrencies, for knowing the balance of funds and for other transactions like auctioning of tokens and more. All in all, improvement would be seen with the token used and it would be so nice using this platform for swapping cryptocurrencies. The roadmap will be followed and further development would be seen in the pools such that the functional agenda would be achieved without any difficulties.

USEFUL LINKS
Website: https://poolzdefi.com/
Telegram: https://t.me/PoolzOfficialCommunity
Twitter: https://twitter.com/Poolz__
Medium: https://medium.com/@Poolz
Discord: https://discord.gg/RgPjgUY

AUTHOR'S DETAILS
Bitcointalk Username: Coderapid
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767522
P. O. A: https://bitcointalk.org/index.php?topic=5280470.msg55551032#msg55551032
ETH Wallet Address: 0x299dADC7E5026DE1ABCf4305CD12cFE7754aA6Fa