Soldex, a platform leading the next generation of decentralized finance (DeFi) evolution through emotionless trading, has looked to a new partnership to address new audiences amid the rise of the Metaverse. Its relationship with Project Larix will only speed the establishment of a more extensive ecosystem. One that is already established in the Metaverse, as an ecosystem enabling new investors to exchange digital assets.
Project Larix, a pioneering lending and borrowing protocol built on the Solana blockchain, has developed a number of risk management pools that use nonfungible tokens (NFTs), crypto tokens, or other synthetic assets as collateral. SlowMist, a well-known and credible smart contract reviewer, audited and reviewed the platform itself.
Both protocols will be able to expand their offers by working with Larix. Reaching a bigger audience and exhibiting a wider range of DeFi benefits. This deal is just one of several strategic relationships that Soldex has in the works with top Solana protocols. With more to come in the coming months.
A DeFi evolution
Emotionless trading, akin to hiring an expert while users sit back and observe. Is the next step in the growth of DeFi. Soldex, the world’s fastest, easiest, and probably most user-friendly decentralized exchange. Is bringing this to reality on the Solana blockchain (DEX).
Third-generation solutions address concerns about order-matching on centralized exchanges and trustless custody. Moreover consumers can take advantage of AI-powered bots to guide them through buying and selling bitcoin assets.
One of Soldex’s greatest advantages over other DEXs is its use of Sola, The majority of DeFi transactions now take place on the Ethereum network. Which, while powerful, can only handle so much traffic before fees and transaction times become prohibitive.
Solana, on the other hand, is a viable alternative. Capable of processing 65,000 transactions per second (TPS), substantially more than Ethereum’s 15 TPS.
The growth of a vibrant community
Soldex has several notable successes to brag about, including a total value of $1 million in a SOLX-USDC staking pool on Atrix Finance with a 150 percent APY.
While staking pools currently provide apparent benefits to investors, the team has charted a course for long-term growth. In addition the Soldex team has released the details of their ambitions in their recently updated roadmap, and the next 12 months are going to be far from calm.
Their main objectives are to expand Solana’s DeFi community by listing SOLX on more exchanges, launching new marketing campaigns on major DeFi channels, developing a global academy, and forming new strategic alliances to improve the underlying technology.
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