Odaily Planet Daily News The first DEX PoseiSwap on Nautilus Chain has updated the pledge system and will take a "Trident" snapshot at 0:00 UTC on August 18. The TOP 20 stakers in the "Trident" snapshot will receive additional rewards, the top 3 stakers will receive 50% of the rewards based on their weight, and the 4th to 21st will share the other half of the rewards according to their weight. PoseiSwap plans to distribute 500,000 POSE within a year, and take a snapshot every Friday as the basis for issuing staking rewards. In addition, participating in staking has the opportunity to get airdrops provided by Nautilus Chain.
PoseiSwap not only provides services such as token trading, liquidity provision, liquidity mining, and pledge, but also supports related trading services of NFT assets, and will have privacy compliance features. In the future, PoseiSwap also plans to expand the scope of DeFi's influence from Web3 to the real world, and achieve this goal by integrating blockchain technology into the traditional financial system. At present, the DEX has received two rounds of financing, and investors include Zebec Labs, Gate Labs, Emurgo Ventures, Republic, and Cipholio Ventures.