Blast introduces the Ethereum L2 mainnet as Pullix gains focus. Given the rapid expansion of decentralized finance (DeFi) and the mounting load on Ethereum’s mainnet, finding scalability solutions is of utmost importance. In response, Blast’s Ethereum Layer 2 (L2) mainnet, which had been eagerly awaited, has now launched, offering to improve transaction throughput and ease congestion. Everyone is looking at Blast’s groundbreaking platform, which is about to change the DeFi industry, as the focus moves to Layer 2 solutions in the wake of Ethereum’s upgrade to Ethereum 2.0. Here, we take a look at what the new Publix protocol has brought to the table and how Blast’s L2 mainnet debut has shifted focus to Layer 2 solutions.
- Blast’s mainnet is now live, unlocking billions of dollars in staked assets for users.
- Publix is days away from launching its native token, PLX, on top of DEX and CEX.
- Investors eyeing the hybrid exchange are aggressively acquiring the PLX in a bonus presale round that ends on March 4, 2024.
As Blast, the Ethereum layer-2 network offering native yield for ETH and stablecoins launches its mainnet, attention has inevitably flipped to the highly anticipated market debut for Pullix (PLX).
Blast mainnet live unlocks billions of dollars in staked assets
Blast is a scaling protocol for optimistic rollups that is compatible with EVM and provides stablecoin and ETH holders with up to 5% APY for locking up assets on the network.
Unlock approximately $2.3 billion in assets that users have locked up since its announcement in November 2023 as the project’s Ethereum L2 mainnet went online yesterday, February 29. A post on X on March 1 announced that the mainnet is now operational. Giving early access users the chance to bridge and use dApps native to Blast. Crypto investors ready to cash in on airdrop prospects will ramp up their farming efforts when the Blast L2 mainnet launches. Reportedly, Blast is planning to introduce a native coin in May.
Half of the airdrops will go to people with Blast points. The other half will go to decentralized applications (Blast Gold).
Pullix ready for lift-off with PLX Launch
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Publix is almost ready to launch its platform officially. It’s a hybrid trading and investment exchange. Prior to this, on March 4, trading exchanges will begin to accept the native utility and governance token PLX.
It’s under two days until PLX is available on Uniswap. There are fewer than forty percent of the bonus round tokens left, as stated on the presale page. This is for those who were unable to purchase PLX in previous rounds. Here is your last chance to do so at a discounted price of $0.14. Uniswap will launch PLX’s first decentralized exchange on March 4, 2024. The first centralized exchange (CEX) to enable PLX trading, BitMart, will launch its hybrid exchange token on March 7.
What makes Pullix unique?
Publix, a brand-new trading platform, aims to shake up the decentralized finance (DeFi) industry. Combining features from both decentralized exchanges (DEXs) and centralized exchanges (CEXs), the platform is designed as a hybrid exchange paradigm.
Publix is revolutionizing the industry by addressing DeFi’s liquidity problem. While still providing top-notch security, simplicity, and ease of trading, which are hallmarks of traditional exchanges. A tremendous bargain is an incentive scheme that allows traders to earn while they trade every day.
The fact that customers keep ownership of their assets thanks to a non-custodial approach is also significant. This is making waves in the trading community. That Pullix provides no-KYC brokers adds to its allure for the privacy-conscious millennial traders of today. Users will be able to trade a diverse array of financial products on Publix, including cryptocurrencies, equities, FX, commodities, and exchange-traded funds (ETFs).
Pullix roadmap: What’s next?
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Phase 1 of Pullix’s roadmap shows that the platform has gained important licenses. Showed product development and successfully navigated the presale launch. The second phase of the exchange’s development involves preparing for the beta launch and releasing the platform on mobile apps and and listing on top-tier centralized and decentralized exchanges.
Investors have wasted little time snatching up on these upcoming milestones as the exchange’s huge presale featured a bonus round. That gave them one more chance. On March 4, the same day that Pullix lists on Uniswap, the PLX bonus round comes to an end. For additional information, see their website.