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Place Change: The New Subsequent-Gen Decentralized Buying and selling and Change Platform

07/16/2021

PRESS RELEASE. Place Change’s Crew is happy to announce the launch of its new Decentralized Buying and selling & Change Neighborhood pushed platform.

What’s Place Change?

Place Change is the brand new Decentralized Buying and selling & Change platform, powered by a digital Automated Market Maker (vAMM) and working on Binance Sensible Chain (BSC), aiming to bridge the hole between individuals and the cryptocurrency markets and improve buying and selling experiences.

The platform is designed to ship all some great benefits of Decentralized Finance while bringing the standard Centralized Finance expertise and instruments onboard.

Place Change gives straightforward and accessible on-chain Derivatives buying and selling with excessive leverage, low slippage and low prices on Crypto belongings and way more to return.

“Our Imaginative and prescient is to construct essentially the most decentralized and neighborhood pushed platform within the DeFi trade, the place each single consumer performs an vital a part of the decisional course of by having an efficient position in defining and shaping Place Change and its future improvement.”

The Major Options

The core options of Place trade consists of on-chain Derivatives buying and selling on Crypto belongings as a begin (with a plan to increase into different belongings sooner or later), NFTs, Staking, Farming in addition to a Construct function providing straightforward and quick constructed on-top API creation.

Buying and selling derivatives on Defi with a deal with Futures contracts

Staking POSI tokens into Swimming pools and producing rewards

Farming that enables Liquidity Suppliers to earn rewards by facilitating transactions

Introducing POSI NFTs as a brand new function with a course of encouraging the neighborhood to carry tokens and preserve its stability

DAO and API constructing permitting a powerful participation of the neighborhood on the long run improvement of Place Change

A Token for the neighborhood: POSI

POSI is Place Change’s native BEP20 token empowering its ecosystem.

The POSI token is a hyper-deflationary token. Place Change’s staff will implement a number of mechanisms to keep up the value of POSI steady and assure its long-term sustainability equivalent to Token buyback & burn, Anti-whale, Emission fee management, and a Harvest lock-up interval (when staking is open)

“Place Change is implementing a Buyback & Burn mechanism utilizing the overall quantity of charges generated from the Buying and selling platform to Purchase Again & Burn the POSI Token. This technique will permit us together with our neighborhood to manage the variety of POSI in circulation and preserve the soundness of its worth in the long run.”

That is actually a community-driven challenge and its success is dependent upon every member of the neighborhood. We’re implementing RFI know-how, which permits holders to share a 1% payment on all transactions simply by holding the tokens of their wallets. In order that being mentioned, HODLing is what it is advisable do.

 

Token distribution:

The Complete provide of POSI tokens shall be set at 100,000,000 tokens

1% shall be devoted for the Airdrop

5% for the whitelist sale

4% for the liquidity which shall be added at $1 per POSI

80% For the Neighborhood: The overwhelming majority of the POSI tokens shall be devoted to the neighborhood via staking and farming rewards. This is likely one of the highest shares addressed to the neighborhood in the same present protocols!

10% Crew and Advisors: The tokens will NOT be accessible to the staff instantly however will quite be minted over time. Place Change’s staff will retain a place of 10% of any new minted token guaranteeing a neighborhood pushed and honest launch.

 

Yow will discover extra details about the Place Change protocol and the POSI token within the Whitepaper.

Keep knowledgeable with information and content material through the Telegram Announcement channel.

Web site: place.trade

WhitePaper: https://place.trade/whitepaper.pdf

Reddit: https://www.reddit.com/r/PositionExchange

Medium: https://positionex.medium.com

Twitter: https://twitter.com/PositionEx

Telegram: https://t.me/PositionExchange

TG Channel: https://t.me/PositionAnn

Github: https://github.com/PositionExchange

“By the Neighborhood — For the Neighborhood — Don’t belief us, Learn the code!”

 


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