HOW YOU CAN USE THE POZ TOKEN TO GROW YOUR DEFI WEALTH
Do you realize that there is a lot of money in the Decentralized Finance (DeFi) industry? The industry has been on a consistent rise in the last couple of years and now sits proudly in the billion-dollar financial industries.
It is no child’s play, and that further confirms that you can make more money in the DeFi industry if you commit to it. Of course, I am not ruling out the fact that a reliable platform is also needed to be in place for the new wave of DeFi trades to be fostered.
Amidst the challenges and scepticisms in the market, I am pleased to let you know that there is a platform out there that can help you become a better DeFi trader. That platform is Pool DeFi, and in this article, I will talk about the underlying opportunities that its dedicated POZ token has to offer.
USE CASES OF THE POZ TOKEN
As mentioned earlier, the POZ token is the official crypto token of the Poolz DeFi platform. Aside from being a native financial instrument, there are several other applicable cases that the POZ token can be used.
Here are some of them:
TOKEN BURN
Already, the POZ token has a limited supply of 5 million units. In line with the principles of burning crypt tokens to increase the value, we will be seeing lots of that on the POZ token.
Via the Top Value Burn Policy, the Poolz DeFi team will use 16.667% of the daily income to re-purchase the burned tokens. That way, they will create more demands for the POZ token.
THE POZ TOKEN ELEVATES YOU TO THE DECISION-MAKING TABLE
Have you always wanted to be a part of the governance team of a crypto coin or token? Nowadays, you don’t necessarily need to be a part of the founding team to do that because you can now use your crypto tokens to tap from that.
The POZ token elevates you to that governance and decision-making status where you can become a part of the voters on the platform.
The unique Proof-of-Stake (PoS) consensus algorithm used by Poolz DeFi makes it easier because you can now take advantage of your held POZ tokens to gain voting rights in the broader Poolz DeFi ecosystem.
Worthy of mention is that you must have staked your POZ tokens in designated digital wallets before you can acquire the voting rights.
EARN PASSIVE INCOME FROM YOUR DEFI TOKENS
Has any DeFi token or coin paid you some dividends for holding the asset for many years? Except for some Centralized cryptocurrency Exchanges (CEXs) that pay stipulated interests; the former doesn’t suffice.
However, that doesn’t stop you from earning passive income from holding your POZ token. The condition is that you must stake your POZ token in designated cryptocurrency wallets so you can qualify to generate annual passive income from your staked tokens.
CONCLUSION
You can make more money than you lose from Decentralized Finance (DeFi) trading if you master and stick to the multiple mechanisms on Poolz DeFi.
USEFUL LINKS
Website: https://poolzdefi.com/
LitePaper: https://docs.poolzdefi.com/whitepaper/litepaper
Join Poolz Telegram Community: https://t.me/PoolzOfficialCommunity
Twitter: https://twitter.com/Poolz
Medium: https://medium.com/@Poolz
Github: https://github.com/PoolzAdmin/Poolz
Discord: https://discord.com/invite/RgPjgUY
Telegram Channel: https://t.me/Poolz_Announcement
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