Since Decentralized Financed (DeFi) has inspired the imagination of financial professionals, Solanax has made great strides in realizing their most ambitious dreams. We are very proud to announce our success today. Today we are celebrating the launch of Solanax DEX with swap and liquidity pooling enabled.
Solanax is based on an unauthorized, high-performance Proof-of-History (PoH) blockchain, ensuring sufficient liquidity and minimal slippage to support market makers and trading bots. Our users will have access to ultra-fast trading, pooled liquidity, and additional features for passive income.
The launch of our key products is an important milestone in the development of our projects and reflects the great dedication of our team. As Solanax continues to fulfill its long-standing promise, we expect this complex infrastructure to be very beneficial to our broad community and important to the long-term prosperity of the Solana ecosystem.
To read more about the product or explore the platform yourself, visit the following website: Solanax.org
About Solanax
Solanax is a Solana-based automated market maker (AMM) exchange that offers high-speed trading, pooled liquidity, and other revenue-generating capabilities. Solana was chosen as the underlying blockchain to facilitate low-cost, high-speed transactions. This is an unauthorized high performance blockchain based on the Proof-of-History Consensus (PoH).
Given the benefits Solana offers over other blockchain ecosystems, it is a popular solution among investors, users and developers. Ethereum’s Proof of Work consensus is slow, difficult to scale, and is accompanied by high gas charges exacerbated by account-based systems. If Ethereum fails to meet the community’s experience, Solana turns out to be a viable alternative.
Solanax uses crossbridge wormholes to connect to projects and digital assets on the Ethereum blockchain, foster adoption, and enable the crypto community to seamlessly transfer tokenized assets from one blockchain to another. Allows for mobility and improves interoperability and liquidity setup.
It’s faster and cheaper. Solanax provides on-chain liquidity. Traders have more control over their trading activities. Wormhole integration for fusion with tokenized assets on the Ethereum blockchain, etc.
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Disclaimer: This is a paid post and should not be treated as news / advice.