POOLZ: A One-Stop Decentralized Cross-Chain IDO Platform for Web3

Summary

Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure.

Poolz has funded over 150 projects, with an ATH average investment return of 13.82 times.

POOLX is the native token of Poolz, with a total supply of 5.5 million.

What Is Poolz

Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure. It is currently developing cross-chain protocols to facilitate cross-chain swaps and liquidity auctions, thus promoting DeFi token swaps and third-party fundraising. Poolz has already integrated with many different blockchains and plans to partner with more than 10 of the biggest blockchain networks.

How Does Poolz Operate

Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to enable crypto projects to raise funds before listing. Poolz has integrated with blockchains such as Ethereum, Avalanche, BSC, and Solana, which has enhanced interchain operability. It focuses on crypto gaming IDOs to provide small games with opportunities to meet their investors. At the same time, Poolz offers IDO, BaaS (Blockchain-as-a-Service), and marketing services.

Poolz is a swapping protocol for cross-chain token pools and auctions, enabling projects to bootstrap liquidity prior to listing. One of Poolz's key product features is the liquidity pool for swapping, used for early liquidity provision, existing token swaps, and cross-chain token swaps.

How Can Users Participate in Poolz IDOs? According to official rules:

1) Purchase and Lock POOLX: Holders must lock at least 250 $POOLX to be eligible for guaranteed allocation. In addition, holders can lock 1-249 $POOLX to get into a lottery system.

2) Register and Whitelist: Register on the Poolz website and join the whitelist to qualify for IDO participation.

3) Claim Tokens: After tokens are listed on a DEX or CEX, users can claim tokens on the dashboard of the Poolz website.

It should be noted that all $POOLX holders have to register on the blockchain for IDO participation by clicking the Whitelist button on the project page on Poolz’s website. Users can unlock $POOLX tokens at any time but cannot participate in IDOs or claim tokens during the cooldown period. If holders earn a rank within the top 100 by locking enough $POOLZ, they will receive a guaranteed allocation in the upcoming IDOs and Pre IDOs. Otherwise, holders' IDO allocation will be determined through a lottery system as long as they have locked the minimum requirement of 250 $POOLZ tokens.

Poolz's Ecosystem Advantages

Poolz is proceeding from a bridge-based model to a parachain-based model to gradually achieve full decentralization. Poolz has funded over 150 projects, with an ATH average investment return of 13.82 times. Its products offer numerous advantages.

Currently, Poolz supports major blockchain networks with evident advantages in cross-chain support. Supported blockchains include: 1) EVM chains: ERC-20, Heco, Binance Chain, Avax, Polygon, Tomochain, Kyber Network, Harmony, Nervos, Fuse, Moonbeam, Neon, Arbitrum; 2) Non EVM chains: NEAR, Solana.

Leveraging its rich management experience, Poolz has developed an innovative and secure IDO model. This model has four specific dimensions:

1. Time Interval: The project must ensure a maximum of 1 month between IDO and listing. Otherwise, the Poolz Governance DAO system will decide if it will give more time to the Project or will go to a full refund.

2. Liquidity Lock: The project has to lock and assure enough liquidity for at least 12 months.

3. Token Sending: The IDO tokens and any private allocations (if applicable) will be sent to the IDO platform wallet 24 hours prior to the scheduled IDO date and time.

4. Fair Distribution: The IDO smart contract is set up to allow the IDO Platform's community members to claim their IDO tokens no later than 10 minutes after DEX listing.

Poolz Tokenomics

POOLX is the native token of Poolz, with a total supply of 5.5 million tokens. Among them, 16% of the tokens are allocated to Swapping Rewards, 12% to Reserve, 2% to Liquidity Fund, 16% to Staking, 44% to Private & Public Sale, 7.5% to Team, and 2.5% to Advisors.

POOLX tokens are an integral part of the Poolz ecosystem, and holders can enjoy the following benefits:

1) Swapping rewards: Liquidity providers earn swapping rewards for participating in the Poolz network, and the rewards are proportional to their contributions and share of the total liquidity;

2) Access to exclusive pools: Every pool on the platform is limited to $POOLX token holders for an initial duration after its launch;

3) Access to better swap ratios: Exclusive pools also offer special discounts for $POOLX token holders, thus enhancing the possible returns for liquidity miners.

Summary

Poolz provides projects with a fair channel to enter the market through a decentralized mechanism, thus reducing the need and cost of ICOs and IEOs and addressing privacy and security issues in traditional crowdfunding models. Connecting with a global audience of dedicated backers in a transparent and decentralized manner, Poolz cultivates loyal supporters from the very start and builds a quality community. Meanwhile, it reduces users' investment risks through its own extensive management experience. As a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure, Poolz may be presented with substantial growth opportunities in the future as Web3 develops.