POSEISWAP: TRADE, STAKE AND EARN CRYPTO REWARDS

in #nicelast year

image.png

INTRODUCTION

PoseiSwap is an innovative decentralized exchange protocol built on the Nautilus Chain. It is the first DEX on this blockchain, and it offers its users a range of benefits that are not available on other centralized exchanges. One of the main advantages of PoseiSwap is that it is anonymous, which means that users can perform transactions without disclosing their identity. This is a significant advantage for anyone who values their privacy and wants to keep their financial transactions confidential.




POSE TOKEN USE CASES

Staking: Holders of Pose tokens can decide to lock their tokens into staking, starting from 30 minutes to 4 years as they desire. This staking activity can help them to obtain a POSE derivative token known as sPOSE ( also called staked POSE) which can be used for the purpose of voting and governance activities.

Voting: When you stake POSE token, it will yield sPOSE, which you can use to participate in voting on DAO proposals in the PoseiSwap ecosystem.

Yield Farming: It is important to note that liquidity pool is the strength of DEFI, especially DEXes. These liquidity pools provide the resources required for exchanges, swaps, and other products to function perfectly.

Initial PoseiSwap Mining Pools

LP (Liquidity Providing) Pool: This will provide liquidity in PoseiSwap deposits Liquidity Pool (LP) tokens to farm POSE tokens.

POSE Pool: You can deposit sPOSE tokens to be able to farm POSE tokens.

Fee Sharing Pool: You can deposit sPOSE tokens to able to get ⅙ of the the fee generated by swaps.

As time goes on, a special kind of Pool termed "Joint Mining Pool" will be introduced.

Joint Mining Pool: For the PoseiSwap featured token, TOKEN (Ecosystem, Partner, or IDO), provides the liquidity for TOKEN-sPOSE and deposits Liquidity Pool tokens to farm TOKEN and POSE at the same time.



UNIQUE FEATURES OF POSEISWAP

Fast And Affordable: Built on the Nautilus Chain, which is a Layer3 Blockchain implementing a modular roll-up chain that starts with more than 2,000 TPS - multiple times more than other EVM Chains. It is expected that this number will skyrocket as PoseiSwap and the Nautilus developers take advantage of Nautilus' modular nature to create an app-specific roll-up.

Privacy: PoseiSwap tends to resolve the privacy concerns of users. It will achieve this by allowing users to use the upcoming Nautilus Chain's zk-tech in their trading activities. With this, traders will have the opportunity to swap and make some profits without signaling their next move. Isn't that great? Thanks to PoseiSwap, the privacy and security of users is assured.

Compliant: PoseiSwap aims to be in compliance with regulations by establishing a permissions pool of assets and an OFAC-compliant module. PoseiSwap will provide its users with a safe trading place for them to trade with confidence and without the fear of any upcoming regulations. This will favor users as licensing and regulations are being introduced into the DEFI space.

CONCLUSION

PoseiSwap is an innovative and exciting blockchain platform that offers a series of benefits for those who want to trade, stake, and earn in the world of DEFI. With its decentralized structure, anonymous trading, and staking options, PoseiSwap is a platform that is sure to attract a wide range of users across the blockchain space. So, if you are looking for a reliable and secure decentralized exchange protocol, PoseiSwap is definitely worth checking out.

Useful Links

Website Telegram Twitter Medium Discord


Forum Username: Mahadel
Forum profile link: https://bitcointalk.org/index.php?action=profile;u=2754204
Telegram Username: @Journame
Participating Campaigns: Twitter , Telegram , Facebook. youtube , blog
BSC Wallet Address: 0x8Fc11017ce1Da90EE7F1f69C039579877EBD4d4e

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.027
BTC 60696.91
ETH 2593.10
USDT 1.00
SBD 2.56