TheCryptoUpdates
Press Release

Poolz Finance Unleashes DeFi Potential with Cutting-Edge IDO Platform and $POOLX Token

Location, April 24, 2023 —  Poolz Finance, a leading cross-chain agnostic launchpad, is proud to announce its continued growth and success in the decentralized finance (DeFi) industry. Since its inception in 2020, Poolz Finance has successfully launched more than 100 Initial DEX Offerings (IDOs) and integrated with several blockchain ecosystems, including ERC-20, Heco, Binance Chain, Avax, Polygon, Tomochian, Kyber Network, Harmony, Nervous, Fuse, Moonbeam, and more recently Optimism.

The $POOLX token, the platform’s native utility token, has become the primary means of participating in Poolz Finance IDOs. With a total and maximum supply of 5.5 million POOLX tokens and a fully diluted valuation of $21 million, 81% of the supply is already in circulation, and 83% of the circulating supply is locked for IDO participation.

Poolz Finance has a strong focus on tokenomics and offers a variety of advantages when compared to its Tier 1 direct competitors. The $POOLX token is listed on several centralized and decentralized exchanges (CEX and DEX), with plans to continue listing on top CEXs. 

Poolz Finance has introduced innovative IDO participation models, tiers, and a groundbreaking IDO User Protection Model that ensures 100% user protection. In addition, IDO participants can choose between the Risk-Free Model and the Secured Model. In the Risk-Free Model, users can request a 100% BUSD refund up to 24 hours after listing. With the Secured Model, users can claim tokens or request a refund during the entire vesting period. 

Poolz Finance’s innovative approach to decentralized finance has successfully launched two out of the top five token sales by an all-time high (ATH) in 2023, including Trycarbonio and Chain_GPT. 

Guy Oren, Co-founder and CEO of Poolz Finance, stated, “We are proud of our achievements in the DeFi space and remain committed to continuously adding relevant chains to our platform. Poolz Finance will continue to push the boundaries of innovation to provide users with the best possible experience and ensure their protection.”

Poolz Finance also announced impressive April 2023 statistics, including a daily trading volume of $4 million for $POOLX, 83% of the circulating supply locked, and 2,000 IDO users. The platform also reported the successful facilitation of three listings with an all-time high return on investment of 65x and a total of $1 million raised. Additionally, Poolz Finance introduced three new Risk-Free IDOs, demonstrating its commitment to providing users with a secure investment environment. 

To stay updated on Poolz Finance developments, follow their social channels: 

Website: https://www.poolz.finance 

Twitter: https://twitter.com/Poolz 

Official Channel: https://t.me/PoolzOfficialCommunity 

Announcement: https://t.me/Poolz_Announcements 

About Poolz Finance:

Poolz Finance is an innovative, cross-chain launchpad that empowers decentralized finance projects and solutions. Established in 2020, the platform has successfully introduced over 100 IDOs and seamlessly integrated with multiple blockchain ecosystems. 

By providing a user-friendly experience, advanced protection features, and a commitment to transparency and compliance, Poolz Finance has solidified its position as a trusted leader in the DeFi landscape. The platform’s mission is to catalyze the growth and adoption of DeFi, fostering collaboration and driving the evolution of the blockchain sector.

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