INTRODUCTION TO POSEISWAP; THE FIRST DECENTRALIZED EXCHANGE ON THE NAUTILUS CHAIN (ZEBEC PROTOCOL).

Ndikpongke
2 min readApr 15, 2023

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Nautilus Chain is a revolutionary blockchain platform that aims to create a seamless and secure ecosystem for digital transactions. With its cutting-edge technology and advanced features, Nautilus Chain offers a unique solution to the challenges faced by traditional financial systems.

Cryptocurrency, a digital asset designed to be used as a means of exchange between people, it is currently a phenomena that is well-known on a global scale. Peer-to-peer token transfers are now possible with the use of crypto, meaning that there is no longer a requirement for an intermediary before a token may be transferred. The best reviews have been given to cryptocurrencies because of their dependability and user-friendliness. This system has shown to be quite beneficial to users, winning over many of them due to its efforts to assure quick transactions and user security.

An innovative cryptocurrency trading and staking platform named "POSEISWAP" has just been introduced, and it provides quick, low-cost, and safe crypto trading.

Platform description
PoseiSwap is a decentralized trading technology that utilizes smart contracts and performs on the Layer 3 Nautilus Chain blockchain. The poseiswap offers a reliable and safe platform for trading cryptocurrencies. The scalable L3 Nautilus Chain, which resolves high gas fees and network congestion typical in other DEXs, is one of its primary advantages, enabling speedy, affordable transactions and anonymity. Users will be able to farm by staking LP tokens on the poseiswap platform and take part in governance features including proposing and voting for new pools as well as changing protocol parameters. They will also be able to swap tokens and provide liquidity to earn yield.

PoseiSwap utilizes the Nautilus Chain, a Layer 3 blockchain, to address speed and cost-effectiveness. The Nautilus Chain implements a modular rollup chain with a current throughput rate of over 2,000 TPS, which is significantly higher than that of other EVM chains. As Nautilus developers and PoseiSwap take advantage of Nautilus' modular nature to create an app-specific rollup, this number is anticipated to skyrocket. By enabling users to trade utilizing Nautilus Chain’s future zk-tech, PoseiSwap will ease customers' privacy concerns. Without having to announce their next move, traders will be able to swap and benefit. Anyone who desires more protection and privacy in their trading will find this to be a big benefit. By having an OFAC-compliant module and a permissions pool of assets, PoseiSwap will be in compliance with all laws.

PoseiSwap offers all users a secure environment where they can trade with confidence and without concern for upcoming regulation. As licensing and regulations start to take effect in the DeFi sector, this will become increasingly important.

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Ndikpongke
Ndikpongke

Written by Ndikpongke

crypto_explorer// graphics designer// defi_explorer// contents creator// event planner// nft_explorer// crypto trader//marketing expertise//

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