POSEISWAP- THE MOST RELIABLE AND INNOVATIVE DECENTRALIZED EXCHANGE THAT IS POWERED BY BLOCKCHAIN TECHNOLOGY
A decentralized exchange is popularly known as DEX is a secured peer-to-peer cryptocurrency marketplace that is specifically designed to allow users to buy and sell their crypto-assets in a non-custodial way. DEXs utilizes blockchain-based smart contracts to eliminate the need for intermediaries when it comes to facilitating transactions or the transfer of funds. Unlike the centralized exchange (CeFi), DEXs are more secure and offer complete transparency in the movement of funds. They are built with an end-to-end on-chain infrastructure that is permissionless and with no central point of failure.
Decentralized exchanges serve as a key upon which more innovative financial products can be built due to their permissionless composability nature. And this is why they have become the most important parts of decentralized finance (DeFi). When trading with DEXs, users' funds do not pass through any third party’s crypto wallet, this goes a long way in reducing counterparty risk as well as helping to reduce the systematic centralization risks in the cryptocurrency ecosystem. DEXs help to increase financial inclusiveness in the crypto world because it allows anyone with internet-enabled devices and a compatible self-hosted wallet to access them.
The high degree of determinism achieved by combining blockchain technology and immutable smart contracts remains one of the major advantages of DEXs over CEXs (Centralized Exchanges). In contracts to CEX which facilitates trading by using the internal matching engine of the exchange, a DEX ensures that trades are executed via smart contracts and on-chain transactions. Also, DEXs offer strong execution guarantees as well as increased transparency into the underlying mechanics of trading unlike in CEXs which use opaque execution methods. One of the most reliable decentralized exchanges that are making waves currently in the cryptocurrency ecosystem is POSEISWAP.
POSEISWAP- A HIGHLY SECURED, EFFICIENT, AND WORLD-CLASS DEX THAT IS BUILT ON NAUTILUS CHAIN
POSEISWAP is a unique and top-notch decentralized exchange that is specially built to provide crypto users and project developers with the best trading and liquidity provision experience. It is the first DEX to be powered by Nautilus Chain, it is aimed at solving the issues of scalability and lack of high volume of transactions which have hindered existing DEXs in the market. Apart from providing a gateway that will extend DeFi’s reach from Web3 to the real world, POSEISWAP also has the potential to help crypto and DeFi enthusiasts to achieve that goal.
As the next-generation DEX, POSEISWAP’s mission is to enable users to swap or exchange their crypto assets, NFTs as well as other tokenized real-world assets, all of these on a single platform and in a secure, efficient, and cost-effective way. POSEISWAP is one of the world’s leading DEXs, and it is committed to making DeFi more accessible to all so that everyone can participate and benefit from the innovative financial services which DeFi offers, which will speed up the mass adoption of cryptocurrency and decentralized finance.
POSEISWAP is a pacesetter in the DeFi world and as a DEX protocol that is powered by b smart contracts and runs on the Nautilus Chain which is a Layer 3 blockchain, it makes it easy and safer for users to trade their assets. POSEISWAP also offers swapping as well as liquidity providing to its users, and its protocol is governed and maintained by its native token (POSE). POSEISWAP is also focused on integrating zk-tech to ensure that traders or users will have the much-needed privacy that will protect their identities, and at the same time enjoy lightning-fast transactions at very low fees.
POSEISWAP- PROVIDING LONG-LASTING SOLUTIONS TO THE KEY ISSUES AFFECTING EXISTING DEXs
Despite how DEXs have been revolutionizing decentralized finance lately, there are still some key issues such as speed, privacy, and compliance which the existing DEXs are still facing. These have prevented people from maximizing the opportunities which DeFi offers, thereby making it difficult for DeFi to achieve its aim. But the good news is that POSEISWAP has provided solutions to these challenges by providing users with a fast, private, and compliant way of exchanging their digital assets on the Web3 space.
POSEISWAP solves the issues of speed by using the Nautilus Chain implements a modular roller chain that starts with over 2000 TPS (transaction per second)which is much more than other Ethereum Virtual Machine (EVM) chains. Hence, making POSEISWAP a fast and high transaction throughput DEX. As Nautilus developers and POSEISWAP continue to take advantage of Nautilus' modular nature to create an app-specific rollup, it is believed that the Nautilus Chain TPS number will rise in no distant time.
POSEISWAP also addresses the privacy challenge by allowing users to carry out their trade using zk-tech. With this, traders will be able to make profits while trading without needing to signal their next move. The platform is very beneficial, especially to users who need more privacy and protection in their trades. This simply means that using POSEISWAP is not just convenient but also safe to trade on.
Non-compliance to the regulations guiding the crypto industry has been a challenge to many DEXs, but POSEISWAP aims to solve this by being compliant with these regulations by having a permissions pool of assets and an OFAC-compliant module. So that users can trade with confidence without any fear of upcoming regulations in the future.
THE AMAZING FEATURES OF THE POSEISWAP PLATFORM MAKE IT EXCEPTIONAL
The following are the outstanding features of POSEISWAP that make it attractive and rewarding.
- STAKING: POSEISWAP token holders will have the opportunity to stake the native token (POSE) for a minimum of 30 minutes and a max of 4 years, and in return, they will be rewarded with sPOSE which is a derivative of the POSE token. The sPOSE tokens can be used for voting and other governance activities.
- VOTING: As a decentralized platform, POSEISWAP will allow its sPOSE token holders to take make some of the decision-making within the ecosystem. With the sPOSE token, users will be able to vote on DAO (decentralized autonomous organization) proposals within the POSEISWAP ecosystem.
- YIELD FARMING: just like staking, farming allows users to earn money for free. Liquidity Pools remain the backbone of decentralized finance, they provided DEXs with the resources needed to trade, swaps, and other products to function optimally.
- REFERRER PROGRAM: This is used to incentivize POSEISWAP loyal followers who invite or refer people/friends to POSEISWAP. To be a referrer is very easy just choose your nickname and register it get your referrer link. A referrer can earn rewards from any swaps, farms, and other interactions made with POSEISWAP products through their referrer link.
CONCLUSION
Apart from providing users with a DEX trading experience that is secure, fast, low-cost, and user-friendly through the Nautilus Chain, POSEISWAP aims at integrating blockchain technology into TradeFi (traditional finance) systems. As a futuristic and long-term project, POSEISWAP plans to create a new era of financial possibilities by bridging the gap between traditional finance and blockchain. This will allow users to trade real-world assets such as equities, bonds, NFTs, tokenized physical assets, etc.
Furthermore, it is important to know that, POSEISWAP has three mining pools in its operation. These pools include Liquidity Providing Pool which will allow users to provide liquidity in POSEISWAP by depositing LP tokens to farm POSE tokens. POSE Pool is also another mining pool in POSEISWAP, it allows users to deposit sPOSE tokens to farm POSE tokens. There is also the Fee Sharing Pool where users can deposit their sPOSE tokens to earn ⅙ of the fee generated from swaps. Joining POSEISWAP is the easiest way to ride the wave of crypto trading.
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WRITER’S INFORMATION
Writer: Mansonndubuisi
Bitcointalk Username: Mandez4real
BSC Wallet Address: 0x028F0A0130a4B546562ea10Dec8B42ACFD119e04
