Launch of Crypto Exchange Aggregator – Fintech Finance
The well-known cryptocurrency brand “POODL” is expanding its ecosystem and diversifying its blockchain portfolio with a cutting-edge “home-built and owned” technology. POODL Exchange (poodl.exchange) is far more than its name suggests, providing a great benefit to cryptocurrency traders, buyers and sellers. This is an “Algorithmic DeFi Exchange Aggregator”, or simply put, it gives every trader an easy way to get the best deal (regardless of their trade) across multiple supported chains in an instant. It is extremely simple and easy to use.
In fact, one wouldn’t even know (due to the speed of the platform) that behind the scenes the algorithm looks for, and fetches, the best price for your trade from hundreds of liquidity pools. If that wasn’t intelligent enough, the platform also takes into account what is known as “price impact” (the amount by which the price in each pool will fall if you look, or rise by if you buy). The platform is so smart that it actually splits trades (unseen by the user) across different pools instantly, so high volume trades always get the best value.
The technology itself is gathered in a simple and user-friendly DApp that is easier to use, faster to trade and can result in up to 2.5% more value from each trade of users than the traditional exchange platforms found in the market today. In addition, it is the lowest fee platform with a fee of only 0.1%
PET (Poodle Exchange Token) is the original token for the new platform. Built on the MATIC/Polygon chain, it is lightning fast, scalable and one of the lowest fee chains on the market. PET is a dividend-paying token that rewards holders with a 3% return on each trade of the token, plus a 0.1% dividend payment in MATIC for all trading volume via the platform, regardless of trading in kind. With support for Bitcoin, Ethereum, Solana and most major coins and chains, the platform will support Binance Smart Chain and its tokens, Fantom chain, MATIC/Polygon chain and will soon expand to support both ERC20 chain tokens and Cronos chain tokens.
The platform is ideal for both beginners and expert traders. $PET is a clean and user-friendly interface, with clear displays of the chain to trade on and a “no nonsense” approach to content. The website (poodl.exchange) has a number of documents, starting with a clear summary for those who don’t want to “dive too deep”, but with extended content for those who do.
Poodle Exchange has no liquidity of its own. Instead, it leverages existing market liquidity across many different pools. This means that the user actually checks each source of liquidity immediately. In keeping with our “security first” values, the team at PET recently held a “bug bounty” with teams from 6 different audit firms that failed to exploit the system. A real vote of confidence!
As part of the “POODL Ecosystem”, (which has already been around for almost two years) it will include a thriving gaming/meteverse and retail payment platform. This tool expands and expands the reach of POODL, offering an opportunity for crypto investors to join the start of a new era in how cryptocurrency is traded.
The platform will be live from April 2, 2023, and the team has plans in place for a series of marketing campaigns, events, AMA sessions, and voice or video reviews and interviews during the launch period.
