Ever since decentralized finance (DeFi) captured the imaginations of finance experts, Solanax has been making great strides to turn its most ambitious dreams into reality. Today, the team is immensely proud to announce that today marks the launch of the Solanax decentralized exchange, which is already live with swap and liquidity pool functionality.
Based on a permissionless, high-performance, proof-of-history (PoH) blockchain, Solanax ensures ample liquidity, minimal slippage, and offers support for market makers and trading bots. The users will now be able to take advantage of lightning-fast trades, pooled liquidity, and additional features for generating revenue.
The launch of its primary product is a significant milestone in the project’s development and reflects the team’s enormous dedication. As Solanax continues to work on its long-held vision, the team anticipates this piece of complex infrastructure will be enormously beneficial to its extensive community and critical to the long-term prosperity of the Solana ecosystem.
Solanax is a Solana-based automated market maker exchange, providing lightning-fast trades, pooled liquidity, and other income-generating features. Solana was chosen as the underlying blockchain to facilitate low-cost, high-speed transactions. It is a permissionless, high-performance blockchain based on the PoH consensus.
Given the advantages that Solana offers when compared to other blockchain ecosystems, it is a popular solution among users and developers.
Solanax will utilize the cross-bridge Wormhole to connect to projects and digital assets existing on the Ethereum blockchain, facilitating adoption and allowing the crypto community to seamlessly move tokenized assets from one blockchain to another, improving interoperability and liquidity setup.
It is faster and cheaper. Solanax offers on-chain liquidity, and traders will have more control over their trading activities. An integration of Wormhole for fusion with tokenized assets on the Ethereum blockchain will be implemented and much more.
Company Name: Solanax
Contact Name: Solanax