PoseiSwap: Redefining the DEX Landscape with $POSE Value Proposition

Poseiswap
4 min readMay 16, 2023

--

Blockchain technology, characterized by decentralization, pseudonymity, and transparency, is undoubtedly progressive in its ideology. However, the encryption native characteristics that this ideology brings are hindering the development of the on-chain world. As a transparent, permissionless distributed network, privacy and compliance have always been the two major unresolved issues in the DeFi track, which hinders the deep integration of the Web3 world and the traditional world. In the long run, we believe that privacy and compliance will indeed be the trends in the future of Web3 business.

Nautilus Chain, the industry’s first Layer3 architecture module chain, is also the first parallel and fastest running EVM Rollup L3 expansion solution in the industry. It separates storage, calculation, consensus, and other aspects into different modules, which means it can achieve higher scalability and expansion capability. Furthermore, it further enhances the network throughput, security, and privacy based on Layer2. Nautilus Chain is making DeFi more accessible through its leading technology and easier to integrate with compliant features. Currently, the network has entered the second phase of the testnet and will go live on the mainnet after the tests are completed.

PoseiSwap, the first DEX on the Nautilus Chain, is expected to become the industry’s first emerging DEX featuring compliance and privacy, based on the Nautilus Chain.

The New Paradigm of PoseiSwap’s DEX

ZK-Rollup is one of the technological features of the Nautilus Chain. It can help the Nautilus Chain achieve stronger de-trust. ZK-Rollup is based on mathematical proofs to ensure the validity and privacy of transactions. ZK allows validators to verify the legality of transactions without knowing the details of the transactions. This means that users and validators do not need to trust the aggregator or any other centralized entity. ZK-Rollup technology also allows validators on the Nautilus Chain to verify the validity of transactions without revealing the details of the transactions. This makes the entire system more transparent, which aids in auditing and compliance.

In addition, Nautilus Chain, through ZK-Rollup based on cryptographic principles, can implement privacy protection on the chain. This gives it strong anti-censorship, as it is difficult for attackers to find the participants or content of the transactions.

Based on Nautilus Chain, PoseiSwap will also be based on the ZK technology solution to obtain privacy features. At the same time, based on the ZK-Rollup solution, PoseiSwap has now integrated OFAC standard compliant module facilities. This means that PoseiSwap is expected to provide transaction services with privacy and compliance features for any user.

With the support of Nautilus Chain, PoseiSwap will also have a very efficient operating efficiency and will also have the potential to achieve high interoperation characteristics with other chains. This also provides a basis for PoseiSwap’s asset diversity. As the industry’s first DEX with compliance and privacy features, the future development of PoseiSwap can be said to have a broad imagination.

What is the value of PoseiSwap’s governance token $POSE?

Currently, PoseiSwap has launched the governance token $POSE, 7% of the total amount will be airdropped to Zepoch nodes, of which the early nodes will receive 25%, and the new nodes will gradually receive the remaining 75% of the airdrop rewards. At present, laying out Zepoch nodes is expected to receive a large amount of $POSE airdrop.

$POSE is the governance token of PoseiSwap. As part of the DAO ecosystem, holding $POSE will be able to participate in governance. At the same time, $POSE can also earn interest income in PoseiSwap through staking, farming, and other ways. Users who participate in governance must stake $POSE tokens to obtain sPOSE to obtain voting rights. The longer the staking time, the higher the voting weight, which will also be one of the deflationary scenarios of $POSE tokens.

In the long run, PoseiSwap will enter traditional fields in the future, including anchoring more traditional physical assets through RWA, including gold, futures, and serving a wider range of user groups with the support of compliance and privacy. In this process, $POSE may play an even more important role, such as establishing links with more traditional assets as a store of value, verification assets, and trust chips, etc. Therefore, $POSE is expected to continuously form rigid demand in the future and have a very stable value base.

We see that DEX represented by Uniswap is still limited to the industry (only serving the crypto natives) and is difficult to gain external market increment. However, PoseiSwap is expected to continuously gain new incremental markets after facing the traditional world. Therefore, compared to the market value of only 39.04 billion USD of the leading UNI, the imagination space of $POSE is enormous.

$POSE is about to start IEO. For details, please follow PoseiSwap’s official media:

Twitter: https://twitter.com/poseiswap

Official website: https://www.poseiswap.xyz/

--

--

Poseiswap
Poseiswap

Written by Poseiswap

PoseiSwap is the very 1st #Dex on the @Nautchain , built to provide the best trading and liquidity provision experience for users and project developers.

Responses (13)