[ANN] Defi Pool Share - Lending/Borrowing Protocol for Liquidity Positions

DefiPoolShare

copper member

Activity: 10

Merit: 0

Quote from: sdmax2021 on May 04, 2023, 02:33:28 AM

Could you please give us some more information about Q2 2023 Road Map , Specially i want to know what kind of benefits investors will receive after launching a Token?

As DPST holders, Investors will have the opportunity to actively participate in the governance of the DeFi Pool Share platform, making decisions that shape the future of the ecosystem. Additionally, DPST holders will enjoy premium access to exclusive features and services, including discounted lending fees and priority access to new pools. Staking DPST tokens will also enable investors to receive a share of the platform's revenue through a fee-sharing mechanism, providing a potential source of predictable returns. Furthermore, early adopters and liquidity providers will be rewarded with a portion of the total token supply, incentivizing their involvement and contributing to the platform's liquidity and growth. With these benefits, investing in DPST opens up a world of opportunities in the dynamic realm of decentralized finance.

for more details: https://docs.defipoolshare.io/dpst-token/token-utility

DefiPoolShare

copper member

Activity: 10

Merit: 0

Quote from: disconnectme on May 04, 2023, 03:04:15 PM

I like the idea of this project but it just depends on the technical capacity of the team to pull this out. How much have you guys raised so far, in your token metrics I see you talk about private sales, strategic investors, etc, for these projects to succeed you will need funds and need to be able to build a real community around it, which means you need social media presence which is lacking so far, your Twitter page has no posts interesting

Your questions on regards to technical capacity, our MVP is already ready, you can check our github: https://github.com/Defi-Pool-Share
We've an audit on way from a tier 1 web3 auditing firm. In regards to how much have we raised, we haven't raised funds yet, we're self-funded so far. We'll soon make the token metrics and details about our fundraising rounds public and officially begin the fundraising. The reason you see our twitter inactive is because we haven't started with community building but its scheduled to begin this week!

DefiPoolShare

copper member

Activity: 10

Merit: 0

Quote from: hirushaa on April 29, 2023, 10:01:28 PM

According to your introduction we can lend our NFTs to other borrowers for limited time right? So then what can the borrowers can do with it. can they get a profit ?

Yes, you are correct. On our platform, lenders can lend their LP pool positions (represented by Uniswap V3 NFTs) to borrowers for a specified duration. During this time, borrowers can use these LP pool positions to earn trading fees generated by the underlying Uniswap V3 pool.
As the price of the assets in the pool changes and more trades occur, the LP pool positions generate fees. These fees are distributed to the LPs (lenders) of the pool in proportion to their contribution to the pool. However, in the case of our platform, the borrower will receive the fees generated during the duration of the loan.
This enables borrowers to earn a profit from trading fees generated by the LP pool positions without actually owning the underlying assets. It also allows lenders to earn a fixed fee for lending their LP pool positions, without having to worry about the fluctuation of trading fees and the underlying asset prices.

disconnectme

hero member

Activity: 1876

Merit: 512

I like the idea of this project but it just depends on the technical capacity of the team to pull this out. How much have you guys raised so far, in your token metrics I see you talk about private sales, strategic investors, etc, for these projects to succeed you will need funds and need to be able to build a real community around it, which means you need social media presence which is lacking so far, your Twitter page has no posts interesting

DefiPoolShare

copper member

Activity: 10

Merit: 0

Quote from: coin3 on May 02, 2023, 12:48:24 AM

How does DefiPoolShare plan to address potential issues related to network congestion, and what measures does it have in place to ensure that users can transact efficiently and effectively?

We understand that network congestion can be a significant challenge for the users and to ensure that our platform remains accessible and efficient, even during times of high network activity, we have implemented several measures like using cutting-edge technologies like layer scaling solutions to help reduce network congestion and improve transaction speeds. Also the optimisation of our smart contract code to ensure it runs efficiently and effectively, This will help us reduce the chances of network congestion and delays. We will be monitoring the network activity at all times to identify potential congestion issues and take proactive steps to address them.

sdmax2021

newbie

Activity: 5

Merit: 0

Could you please give us some more information about Q2 2023 Road Map , Specially i want to know that what kind of benefits investors will receive after launching a Token?

DefiPoolShare

copper member

Activity: 10

Merit: 0

Quote from: BF-Fi on April 30, 2023, 11:30:37 PM

How will the project maintain and improve its platform's scalability and performance as more users join?

We are committed to ensuring that our platform remains scalable and performs well, even as more users join. By doing consistent monitoring and optimization of our smart contract code to ensure it runs efficiently and effectively. Also by, ongoing testing and refinement of our platform to identify and address any scalability or performance issues that may arise.

DefiPoolShare

copper member

Activity: 10

Merit: 0

Quote from: hirushaa on April 29, 2023, 10:01:28 PM

According to your introduction we can lend our NFTs to other borrowers for limited time right? So then what can the borrowers can do with it. can they get a profit ?

Yes, with DeFi PoolShare, borrowers can bid on the Uniswap V3 Position NFTs that are lent by liquidity providers. By bidding on these positions, borrowers gain access to the position's claim fees, which they can then use to generate profits. This system benefits both liquidity providers and borrowers.

DeadCoin

sr. member

Activity: 1246

Merit: 261

★ Investor | Trader | Promoter

How does DefiPoolShare plan to maintain user privacy and protect sensitive information

coin3

member

Activity: 124

Merit: 10

How does DefiPoolShare plan to address potential issues related to network congestion, and what measures does it have in place to ensure that users can transact efficiently and effectively?

BF-Fi

jr. member

Activity: 102

Merit: 2

How will the project maintain and improve its platform's scalability and performance as more users join?

terciduk123

sr. member

Activity: 1176

Merit: 252

Quote from: DefiPoolShare on April 28, 2023, 07:42:29 AM

Quote from: terciduk123 on April 28, 2023, 07:19:18 AM

Nice to see you here. It appears that your project is still in its early stages, since your Twitter account has yet to post any tweets.
Your roadmap marks some milestones, isn't that worth tweeting about? let your community know about your accomplishments.
The information for your team member has not been linked to their social media accounts. Please update soon

It still is in early stage but we have been focusing on building, we'll release our MVP within May since contracts are ready, they're being audited currently and being integrated on front-end app. The team will update profiles soon as well as we're going to kickstart our social media and community building this week.

It shouldn't take long to update team information by linking to their Twitter account. But you haven't done it yet, nor has Twitter. Did you do this project on your own?

hirushaa

jr. member

Activity: 54

Merit: 1

According to your introduction we can lend our NFTs to other borrowers for limited time right? So then what can the borrowers can do with it. can they get a profit ?

DefiPoolShare

copper member

Activity: 10

Merit: 0

Quote from: terciduk123 on April 28, 2023, 07:19:18 AM

Nice to see you here. It appears that your project is still in its early stages, since your Twitter account has yet to post any tweets.
Your roadmap marks some milestones, isn't that worth tweeting about? let your community know about your accomplishments.
The information for your team member has not been linked to their social media accounts. Please update soon

It still is in early stage but we have been focusing on building, we'll release our MVP within May since contracts are ready, they're being audited currently and being integrated on front-end app. The team will update profiles soon as well as we're going to kickstart our social media and community building this week.

terciduk123

sr. member

Activity: 1176

Merit: 252

Nice to see you here. It appears that your project is still in its early stages, since your Twitter account has yet to post any tweets.
Your roadmap marks some milestones, isn't that worth tweeting about? let your community know about your accomplishments.
The information for your team member has not been linked to their social media accounts. Please update soon

DefiPoolShare

copper member

Activity: 10

Merit: 0