What is Poolz Finance (POOLZ)?
A trading protocol known as Poolz Finance makes it possible for businesses and project owners to auction off their tokens in order to jumpstart liquidity. Poolz Finance crypto protocol gives innovators more influence during the pre-listing phase of their projects while also bringing them closer to early-stage investors. The native token of the platform is POOLZ. You can check the Poolz Finance price chart above if you want to know the current POOLZ price.
The users of Poolz Finance are given the ability to make judgments based on research so that they may take part in high-potential IDOs, NFT sales, and Gaming initiatives. Users are now able to engage in IDOs and NFT sales on Ethereum, BNB Chain, Polygon, Celo, and Avalanche, with many other chains to be added in the near future.
Innovators may use the Poolz platform to host Poolz Finance token auctions and, as a result, generate liquidity for their DEX listing. Despite the fact that the platform is particularly useful for early-stage companies, it is open to being used in the same way by any blockchain-based project. Besides, on the Poolz platform, NFT-based projects have the ability to host dynamic ratio auctions, which expands the range of possibilities available to liquidity providers.
Lastly, in addition to bolstering the wider adoption of DeFi, the Poolz platform may also be used as a marketplace for a wide variety of OTC trading involving cryptocurrencies.
Use Cases of POOLZ Tokens
POOLZ crypto assets have two main use cases – rewards and governance. For starters, holders of POOLZ tokens can generate passive income by keeping their tokens in wallets, as well as in liquidity pools. This allows holders to stake their POOLZ for rewards. Aside from that, each and every reward and incentive for engaging with the Poolz Finance project is delivered in the form of POOLZ tokens.
Besides, POOLZ holders have the ability to earn voting rights on the platform and participate in the community's decision-making process when it comes to governance. They have the ability to vote on proposed reforms, pool audits, circulation, token burn ratio, distribution, and other related topics.
Considering buying Poolz Finance coins? If you are, do a thorough POOLZ price analysis beforehand. Use the Poolz Finance price chart above.
Who Founded Poolz Finance?
The team behind Poolz Finance is composed of experienced professionals in the fields of blockchain technology, finance, and software development. Guy Oren (Co-Founder & Chief Executive Officer), Stan Goldin (Chief Technology Officer), and Liam Cohen (Co-Founder & Chief Revenue Officer) make up the core team of Poolz finance.
Tokenomics of POOLZ
The total supply of POOLZ is 5 million tokens. The Poolz Finance price changes according to the supply and burn mechanism. The POOLZ token has a deflationary mechanism built into it, as a portion of transaction fees are automatically burned to reduce the overall supply and increase scarcity Overall, the project allocates 16.667% of its daily profits toward this process.
