PoseiSwap is making a deep deployment in the order book DEX field, and is expected to become an early pioneer in the order book DEX field. PoseiSwap is the first DEX on Nautilus Chain, the industry's first modular Layer 3 architecture chain. Nautilus Chain has the fastest EVM in the industry, supports custom development in a modular form, and can provide Zk-Rollup solutions to achieve privacy, etc. . Based on Nautilus Chain, PoseiSwap itself also has excellent advantages, including excellent transaction speed and transaction experience. At the same time, based on Zk-Rollup, it can further build privacy features, helping its order book to be based on zero-knowledge proofs to be more secure and decentralized. Execute off-chain and verify transactions on-chain.
In addition, PoseiSwap also supports a wider range of asset transactions based on the order book, including FT/NFT assets. At present, PoseiSwap has completed the integration of OFAC compliance modules and completed the compliance audit. PoseiSwap will become the first DEX in the entire Web3 field that allows the issuance and trading of RWA assets. Excessive and the only place at this stage where assets can be traded after being securitized. PoseiSwap itself is more in line with the development trend of the industry.
In the near future, PoseiSwap has ushered in new market developments one after another. In addition to obtaining $1.5 million in financing from the Zebec Labs Foundation at a valuation of $10 million, it also received a $25 million valuation from Gate Labs , Emurgo Ventures, Republic, Cipholio Ventures and other top investment institutions in the industry have obtained a new round of financing, but the specific amount of the financing has not yet been disclosed.
After obtaining financing, PoseiSwap launched the governance token POSE, and landed on Bounce and Bitforex in the form of IDO and IEO respectively. At present, the market sales and fundraising activities have been completed. After the POSE token is launched, PoseiSwap will launch in July Launched BNB Chain on the 3rd, and gradually expanded to other chains.
After the early market activities related to tokens ended, PoseiSwap launched a pledge system to further help POSE tokens establish a value foundation and promote the ecology to start a new governance process.
Design of the pledge system
Like other DEXs, anyone can earn tokens by providing liquidity. However, on PoseiSwap, 45% of the total token supply is allocated to staking rewards, genesis NFT mining activities, and LP rewards, which shows that PoseiSwap attaches great importance to rewarding the community. In addition, community members can also earn booster bonuses, get a corresponding proportion of rewards through POSE shares, and get more rewards through Trident nodes.
The rewards will be calculated 24 hours after staking POSE, and the rewards will be issued every day, and then the daily income coefficient will increase by 1% until the income coefficient reaches the upper limit of 130%.
We also set up a syrup pool to provide bonus airdrop rewards to further increase the benefits of community partners.
Basic staking rules of PoseiSwap
PoseiSwap uses 45% of the total token supply for staking rewards, Genesis NFT mining and liquidity provider (LP) rewards, providing a very competitive annual interest rate (APR). In the early stage, in order to attract the participation of community members and stimulate the liquidity of the ecosystem, the annual rate of return (APR) is as high as 40%~100%!
On the other hand, the staker's daily $POSE income increases by 1% every 24 hours, reaching a cap of 130%. Redemption stakes can be withdrawn in just 24 hours. In addition, you can also earn extra income and airdrops from the syrup pool.
PoseiSwap’s Invitation Program
Community members who pledge at least 1,000 $POSE tokens will also be eligible for invitations and get more POSE rewards, which are divided into direct and indirect rewards.
Community holders who pledge more than 1,000 $POSE tokens can get 50% of the income of direct pledgers and indirect pledgers. In other words, you will get half of the staking rewards received by the invitee!
In addition, those who pledge more than 1,000 $POSE will be eligible for governance rights.
Trident NFT Program
Qualifications for Trident NFT: Pledge more than 5,000 $POSE and invite effective pledges (direct and indirect pledges) of more than 50,000 $POSE. Among them, the top 21 Trident NFT holders (calculated according to the amount of $POSE pledged by their valid invitations) will receive rewards from the 500,000 POSE prize pool every week, distributed according to their contribution ratio. The 500,000 reward pool will be the total reward pool for the first year of the Trident Program.
Summary of staking rules
In short, here is a straight-forward summary of staking on PoseiSwap:
1. 45% of the total token supply is allocated to staking rewards, genesis mining activities and LP holders;
2. $POSE will provide a very competitive initial annual rate of return, as high as 40%-100%;
3. The profit coefficient of the pledger increases by 1% every day until it reaches the cap value of 130%;,
4. After 24 hours of pledge, the income will be calculated and distributed every day, and the redemption of the pledge can be withdrawn within 24 hours;
5. Those who pledge more than 1,000 $POSE will be eligible to obtain governance rights and be eligible to participate in the invitation plan;
6. In the invitation plan, community members will receive 50% of the valid invitee's pledge reward;
7. The inviters with the best performance will receive Trident NFT, which means they will share the rewards in the 500,000$POSE reward pool every week;
8. The top 21 Trident NFT holders will receive additional rewards every week according to their invitation contribution ratio;
9. Stakers can also get more rewards and airdrops in the syrup pool.
PoseiSwap is dedicated to bringing decentralized finance into the real world. By building on Nautilus Chai, PoseiSwap provides users with a high-throughput DEX with low fees and lower slippage. In addition to this, PoseiSwap will use Nautilus zk-tech in the future to provide privacy for users and make Posei suitable for tokenized real-world items and assets.