Small and medium-sized businesses, also known as SMB's, often face financial challenges that larger corporations do not. One of the most significant challenges is limited access to liquidity. Without the ability to obtain cash flow easily, SMB's struggle to achieve their growth potential. While some SMB's can access loans or purchase other SMB's, these options are not commonly available. This creates a significant problem for these types of businesses, as they cannot easily obtain cash for stakeholders.
Fortunately, there is now a solution: TurinPool.
What is TurinPool?
TurinPool is an AMM (automated market maker) protocol designed to create liquidity markets for any kind of equity token. It is a platform that enables businesses to access liquidity markets that were previously unavailable. With TurinPool, any company can make their equity liquid, enabling them to access cash for their founders or finance through the open market.
How Does TurinPool Work?
TurinPool works by allowing businesses to create liquidity pools for their equity tokens. These pools are created by adding an equal value of two tokens to the pool, which then creates a price for the tokens. This price is determined by the pool's algorithm, which takes into account the supply and demand for the tokens. The liquidity pools are then made available to investors, who can buy or sell the tokens, providing businesses with the cash flow they need. Users will also be able to create customized portfolios, follow markets and fund their wallets easily.
Why is TurinPool Important?
TurinPool is an essential tool for small and medium-sized business, because it helps them overcome liquidity limitations. Liquidity is a vital component of any business, as it enables them to achieve their growth potential while providing greater financial stability. With TurinPool, small sized businesses can access liquidity markets, making it a game-changer for anyone struggling with liquidity limitations.
What Are the Benefits of Using TurinPool?
There are several benefits to using TurinPool for SMB's, including:
- Access to liquidity markets: TurinPool provides SMB's with access to liquidity markets that were previously unavailable, enabling them to obtain the cash flow they need.
- Increased financial stability: By accessing liquidity markets, SMB's can achieve greater financial stability, making it easier for them to plan for the future.
- Compliance with regulation and legislation: TurinPool is 100% compliant with UE regulation and legislation, ensuring that it is safe and secure for businesses to use.
- Easy to use: TurinPool's user-friendly interface makes it easy for businesses of all sizes to access liquidity markets, even if they have limited technical knowledge.
When Will TurinPool Be Available?
TurinPool is set to launch during the beginning Q2 2023. While the platform's simplicity makes it easy to use, developing it has been a big challenge. At TurinLabs our priority will always be to bring the best products and innovations to the market.
To learn more about TurinLab's products and TurinPool more specifically you are welcome to join our community at Discord.