POSEISWAP : providing the best liquidity and trading experience for everyone

in #hotlast year

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About the PoseiSwap platform

PoseiSwap is the first DEX to utilize the Nautilus chain . The team plans to employ Zebec technology to make DEXs more widely adopted, PoseiSwap seeks to build a DEX that is affordable, easily accessible, and effective through Nautilus' high throughput. It also seeks to build one that can abide by any upcoming regulatory burden. PoseiSwap aims to solve the problems with high costs, a lack of privacy, and non-compliance that have challenged other decentralized crypto exchanges by being fast, secure and compliant.

Unique features of the platform

PoseiSwap is built on the Nautilus Chain, a Layer 3 blockchain that offers a modular rollup chain with 2,000 TPS or more at launch, which is a substantial improvement over previous EVM networks. That number is projected to rise as PoseiSwap and Nautilus developers take advantage of Nautilus' modular structure to create an app-specific rollup. Traders will be able to swap and profit without having to signal their next move. This is a big benefit for anyone looking for more security and privacy when trading. On PoseiSwap, all users will enjoy a secure environment where they may transact with confidence and without worrying about upcoming laws. As licenses and regulations begin to apply to the DeFi industry, this will become more crucial.

About the POSE token

The POSE token will power PoseiSwap and function as a utility token to strengthen the ecosystem and its users. It will act as the platform's engine.
The PoseiSwap ecosystem allows for the following uses of the POSE token:

  • Staking
  • Voting
  • Yield farming
  • Referral program

In summary, the POSE token powers PoseiSwap's decentralized trading system. There will be continuous development and expansion in the field of decentralized finance, especially in Layer3, as more traders see the potential of POSE and join the PoseiSwap community.

Token allocation

  • 20% - Team.
  • 3% - investors.
  • 7% - Validator airdrop.
  • 5% - Public sale.
  • 45% - Liquidity mining.
  • 20% - Ecosystem.

Yield farming in PoseiSwap trading platform.

The foundation of DeFi, especially DEXes, has always been liquidity pools. For the swaps, exchanges, and other products to operate at their best, these pools provide the resources required.
PoseiSwap will initially run three mining pools which are:

  • LP (Liquidity Providing) Pool: provides the liquidity in Poseiswap and deposits LP (Liquidity Pool) tokens to farm POSE tokens.
  • POSE Pool: deposits sPOSE tokens to farm POSE tokens.
  • Fee Sharing Pool: deposits sPOSE tokens to receive ⅙ of the fee generated by swaps.

PoseiSwap referral program

The PoseiSwap Ecosystem includes a strategy for rewarding devoted users who recommend PoseiSwap to their friends. By using their unique referral link, a referrer can profit from swaps, farms, and any other transactions with Poseiswap’s products.

To receive the referral link for 100 sPOSE tokens, you must first register a nickname.
For instance, your referral link should like this: app.poseiswap.com/justin250 if your preferred nickname is Justin250.

Registration for referral links is done on a first-come, first-served basis.


#POSEISWAP $POSE #DEX ##NAUTILUS #EXCHANGE



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.

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.

Conclusion.

PoseiSwap is a brand-new decentralized exchange with the goal of democratizing DeFi by tackling the primary issues that existing DEXs have, specifically speed, privacy, and compliance.For the platform's scalability in handling a high volume of transactions

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