Premium Block - Crypto Pool Based on Multi-Chain Network

Premium Block - Crypto Pool Based on Multi-Chain Network

Introduction

Decentralized Finance (DeFi) has created an explosion of on-chain activity. DEX volumes can meaningfully compete with the volume on centralized exchanges. As of December 2020, there are almost 15 billion dollars of value locked in DeFi protocols. The ecosystem is rapidly expanding with new types of products.

 

What is a liquidity pool?

A liquidity pool is a collection of funds locked in a smart contract. Liquidity pools are used to facilitate decentralized trading, lending, and many more functions. Liquidity pools are the backbone of many decentralized exchanges (DEX), such as Uniswap. Users called liquidity providers (LP) add an equal value of two tokens in a pool to create a market. In exchange for providing their funds, they earn trading fees from the trades that happen in their pool, proportional to their share of the total liquidity.

 

The concept gained more attention with the popularization of Uniswap. Some other popular exchanges that use liquidity pools on Ethereum are SushiSwap, Curve, and Balancer. Liquidity pools in these venues contain ERC-20 tokens. Similar equivalents on Binance Smart Chain (BSC) are PancakeSwap, BakerySwap, and BurgerSwap, where the pools contain BEP-20 tokens.

 

However, there is no uniform platform that serves users to create multichain a pool on a single platform this increases the hassle of users for maintaining multiple Dexe's for different chains. Premium Block is a multi-chain platform that allows users to create pools and disperse cryptocurrencies within the pool addresses.

 

What is Premium Block?

Premium Block is a platform where users can create a crypto pool based on a multi-chain network and can use it to gather cryptocurrencies from pool participants. This is a one-stop tool for Ethereum, Binance Smart Chain, and Polkadot network pool creation.

 

The safest place to gather crypto with KYC integration. Premium Block uses PRB as its governance token that gives holders to take full advantage of the platform and earn through yield farm.

 

Why use Premium Block?

The premium block is the first platform to provide pool creation with a multi-chain network. There is no trustable pool creation platform that gives end-user protection. Premium block gives KYC protection for individual pools created at the discretion of the pool creator. Users can participate in the pool by investing or donating crypto based on the pool's terms and conditions.

Know your Customer (KYC - To gain trust in a platform, users except Know your Customer (KYC). Implementing KYC integration into the platform will avoid scammers and frauds that collect the pool funds and run away.

 

Cryptocurrency coins and tokens are very hard to distribute to multiple addresses at the same time. Premium block platform will make it easy for pool creators to distribute the coin or token to pool addresses at the same time with less gas fees and time.

 

Premium block platform will conduct fundraising through initial coin offering for best top-tier projects. PRB token holders will benefit more in this fundraising whose allocation will be calculated based on weightage.

 

Premium Block
Premium Block is a multi-chain platform that allows users to create pool and disperse cryptocurrencies within the pool addresses.

 

What is Premium Block?
Premium Block is a platform where users can create crypto pool based on multi-chain network and can use it to gather cryptocurrencies from pool participants. This is a one-stop tool for Ethereum, Binance Smart Chain, and Polkadot networks pool creation.

 

KYC implementation:
The platform support KYC protection for pools. The pool creator can opt to use KYC options for a pool created for a group of users. KYC service provider will be a top tier service provider specialized in blockchain field.

 

PRB token:
PRB token is the premium block native governance token that gives full advantage to token holders. PRB token holders have full rights to vote in new idea implementation and other changes within the premium block ecosystem.

 

Solving problem
Premium block is the first platform to provide pool creation with multi-chain network. There is no trustable pool creation platform that gives end user protection. Premium block give KYC protection for individual pool created in the discretion of pool creator. Users can participate in the pool by investing or donating crypto based on pool's terms and conditions.

To gain trust in a platform, users except Know your Customer (KYC). Implementing KYC integration into the platform will avoid scammers and frauds that collect the pool funds and run away.

 

Cryptocurrency coins and tokens are very hard to distribute to multiple addresses at same time. Premium block platform will make it easy for pool creator to distribute the coin or token to pool addresses at same time with less gas fees and time.

 

Premium block platform will conduct fund raising though initial coin offering for best top tier projects. PRB token holders will benefit more in this fund raising whose allocation will be calculated based on weightage. 

 

Premium Block ecosystem
PRB token is the key element that fuels the premium block ecosystem. Almost 80% of the platform fees collected are used for rewarding PRB token holders through staking and liquidity providers.

 

Here is the overview of PRB ecosystem

Premium Block Token.
Token dispersal is one of the key elements in Premium Block platform. User can disperse token from one address to multiple addresses with single transaction without creating pool. Tokens supported are BSC network, ETH network, and DOT network.

 

PRB token
PRB token is the key element which powers the Premium Block ecosystem

 

Info & Metrics
Blockchain: Binance Smart Chain
Total Supply: 60,000,000 PRB
Total Staking Rewards: 27,000,000 PRB
BSCscan: Coming soon
PRB Contract Address: Coming soon
PRB Team Address: Coming soon
DEX Liquidity Address: Coming soon

 

Tokenomics
Tokenomics is designed in such a way that PRB token holders and investors are the most profitable ones.

Initial Offering
Sale Details: 
Total Fixed Supply: 60,000,000 PRB
IDO Price: $0.010 per PRB
IEO Price: $0.025 per PRB
Initial Circulating Supply: 25,500,000 PRB (excluding DEX liquidity)
DEX Liquidity Supply: 5,000,000 PRB
DEX Listing Price: $0.05 per PRB
Total Amount To Be Raised: $320,000
Total Tokens To Be Sold: 20,000,000 PRB

 

Market Capitalization:
Initial Market Cap: $320,000
Total Number Of LP Tokens: Coming soon

 

Roadmap

Conclusion:

There is always a group of people that frequently need a cryptocurrency pool to gather funds with a permissionless and secure platform. Premium Block fulfills the need for a permissionless secure platform. The pool creation is permissionless with the multi-chain network. For added security as a measure to protect pool participants, the platform included a KYC option that can be enabled or disabled for both pool creators and pool participants.

 

OFFICIAL LINK

Website : https://premiumblock.org/
Whitepaper : https://premiumblock-org.gitbook.io/premium-block
Telegram Community : https://t.me/premiumblock
Telegram Channel : https://t.me/premiumblock_ann
Twitter : https://twitter.com/PremiumBlock

 

Author

Bitcointalk Username: Melody Prima
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2851180
Telegram Profile: https://t.me/Guppykoi
BEP20 Wallet: 0x6befe00E0eE6e318f7670ad0a10B8F3413A7Aab4

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