Poolz - Decentralized Layer-3 swapping protocol, based on DeFi infrastructure

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Abstract

Decentralized Finance or DeFi for short has attracted a lot of attention from investors and crypto enthusiasts in recent months. We know how Uniswap and Yearn. Finance stole the attention of crypto investors and enthusiasts, they managed to maximize user profits with DeFi solutions such as swapping, staking, liquidy pool, etc. However, the current DeFi protocol is still limited and still needs improvement.

Decentralized Layer-3 swapping protocol, based on DeFi infrastructure

Poolz is a platform that enables early-stage blockchain-cryptocurrency innovators and investors to connect to a truly decentralized system. This is a layer-3 swapping protocol, which allows project developers to be able to launch and manage liquidity auctions that investors can easily find and access on the platform. Poolz will provide a unified interface where project developers can professionally manage their liquidity auctions. With this solution, it is hoped that Poolz can become a platform that will facilitate greater interoperability through cross-chain interactions, which in turn will strengthen the value of the DeFi itself.

Poolz Ecosystem

The Poolz ecosystem will consist of various features and services which will work together to become a reliable and professional platform. The following are parts of the ecosystem that make up Poolz.

Types of Pools

  • Direct Sale Pools (DSP): These are pools without a lockdown period, where investors can get tokens after a swap.

  • Time-Locked Pools (TLP): These are pools with a lock period, where investors can get tokens after this period is over.

Pool Status (Each existing pools will have the following statuses;)

  • Created: Pool exclusively for token holders.

  • Open: Pool available to all users.

  • Out of Stock: The predefined supply of auctioning tokens has been sold-out, but the pool period has not ended.

  • Finished: The pool duration has reached the limit.

  • Closed: Pool has been completed and tokens have been disbursed.

Project Owner's Flow

  • Supported Blockchains & Wallets: Poolz supports projects based on Ethereum and MetaMask wallets. But in the future, Poolz will support more wallets.

  • Pool Creation: The project developer can initiate pools but with several parameters.

  • Transactions: After initiating a pool, project developers must perform transactions to start their pool.

  • Fees: The project developer has to pay 2 categories of fees which will be used for maintenance and development of the platform.

Liquidity Provider or Investor's Flow

  • Pool Selection: Poolz will provide a marketplace-like UI that allows liquidity providers to view all pools hosted on the platform and access information from those pools.

  • Supported Blockchains & Wallets: Liquidity providers can connect relevant wallets and blockchain ecosystems to the pools they participate in.

  • Joining the Chosen Auction: Liquidity providers can join the pools they choose and invest with any amount of ETH / DAI they want.

Platform Security and User Experience

Users don't need to worry about the security and appearance of the Poolz platform, because Poolz knows that users want a platform that makes them comfortable to navigate. That's why Poolz designed the platform to run with React Native to help create a responsive display and good UX. And use Solidity as a back-end smart contract. So that users feel safe and comfortable using the platform.

In Conclusion

Currently, there are many platforms that implement the DeFi protocol on their platforms, but none of them can bridge project owners/developers with investors. Poolz is a DeFi infrastructure-based layer-3 swapping protocol that will bridge investors and project owners with a variety of innovative and comprehensive solutions and features. Poolz makes decentralized fundraising open to anyone.

POZ Token

These are tokens launched by the Poolz platform and will serve as incentivization, governance, project development, and token burns. With this token, investors and liquidity providers can also get various additional benefits such as better swap ratios for pools running, staking, voting rights, etc. Following are the POZ token details;

 Total Supply: 5,000,000 POZ
 Seed Sale: 240,000 POZ, at 0.455 USD (avg. Price). 25% TGE, then 25% quarterly.
 Private Sale: 360,000 POZ, at 1 USD, with a capping of 2500 USD per person. 20% released on the day of sale and 20%  after a month from the sale day. The remaining 60% is released as equal monthly vestings of 20%, for 3 months.
 Auction Pools: 150,000 POZ to be auctioned at 1.6 USD.
 Uniswap Listing Price: TBD.

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