Why has PoseiSwap become the new darling of the DEX track?
What is the value of the governance token POSE?Source: PoseiSwap
Blockchain technology is characterized by decentralization, pseudonymity, and public transparency. Although this ideology is advanced, the inherent features of cryptocurrency based on it are hindering the development of the on-chain world. As a transparent, permissionless distributed network, privacy and compliance remain two major unresolved issues in the current DeFi space, which also obstructs the deep integration of the Web3 world with the traditional world. Of course, in the long run, we believe that privacy and compliance will certainly be trends in the future of Web3 business.
As the industry's first Layer3 modular chain, Nautilus Chain is the first L3 scaling solution for EVM Rollup that is parallelized and operates at the fastest speed. It separates storage, computation, and consensus into different modules, which means it can achieve higher scalability and expansion capabilities, further enhancing network throughput, security, and privacy on top of Layer2. Nautilus Chain is making DeFi more accessible through leading technological means, and on this basis, it is easier to integrate compliance features. Currently, the network has entered the second phase of the testnet and will launch the mainnet after completing testing.
PoseiSwap is the first DEX on Nautilus Chain, and based on the underlying Nautilus Chain, PoseiSwap is also expected to become the industry's first emerging DEX characterized by compliance and privacy.
The New Paradigm of PoseiSwap's DEX
ZK-Rollup is one of the technical features of Nautilus Chain, which helps Nautilus Chain achieve stronger trustlessness. ZK-Rollup itself is based on mathematical proofs to ensure the validity and privacy of transactions. ZK allows validators to verify the legitimacy of transactions without knowing the transaction details. This means that users and validators do not need to trust aggregators or any other centralized entities. The ZK-Rollup technology also enables validators on Nautilus Chain to verify the validity of transactions without disclosing transaction details. This gives the entire system higher transparency, aiding in auditing and compliance.
Moreover, Nautilus Chain can achieve privacy protection on-chain through ZK-Rollup based on cryptographic principles. This gives it strong censorship resistance, as attackers find it difficult to identify the participants or content of transactions.
Based on Nautilus Chain, PoseiSwap will also gain privacy features based on ZK technology solutions. At the same time, based on the ZK-Rollup solution, PoseiSwap has already integrated compliance module facilities that meet OFAC standards. This means PoseiSwap is expected to provide trading services with privacy and compliance features for any user.
With the support of the underlying Nautilus Chain, PoseiSwap will also have highly efficient operational efficiency and the potential for high interoperability with other chains, which lays the foundation for the diversity of PoseiSwap's assets. As the first DEX in the industry with compliance and privacy features, the future development of PoseiSwap has vast imaginative space.
PoseiSwap Launches Governance Token $POSE, What is its Value?
Currently, PoseiSwap has launched the governance token $POSE, with a total supply of 7% allocated for airdrops to Zepoch nodes, where early nodes will receive 25% of this amount, and new nodes will gradually receive the remaining 75% of the airdrop rewards. Currently, laying out Zepoch nodes is still 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 allow participation in governance. Meanwhile, $POSE can also earn interest in PoseiSwap through staking, farming, and other methods. Users participating in governance must stake $POSE tokens to receive sPOSE for voting rights, with longer staking times resulting in higher voting weight, which will also be one of the deflationary scenarios for the $POSE token.
Looking further ahead, PoseiSwap will venture into traditional fields, including anchoring more traditional physical assets through RWA, and serving a broader user base with the support of compliance and privacy. In this process, $POSE may play a more important role, such as establishing links with more traditional assets as a store of value, verifying assets, and trust chips, etc. Therefore, $POSE is expected to continuously form a strong demand in the future and have a solid value foundation.
We see that DEXs represented by Uniswap are still limited to the industry (serving only crypto natives) and find it difficult to gain external market increments. However, PoseiSwap is expected to continuously gain new incremental markets by targeting the traditional world, so compared to the leading UNI with a market cap of only $3.904 billion, the imaginative space for $POSE is enormous.
