The post Apex Fusion Unveils AP3X Token and PRIME Chain appeared on BitcoinEthereumNews.com.

PRIME Chain is already functioning, with over 130 stake pool operators safeguarding the network.  NEXUS, VECTOR, and Reactor Bridge will allow for seamless cross-chain activity. Apex Fusion has introduced its blockchain network and indigenous token, AP3X, which has started developing a decentralized and scalable network. The initial chain in the network is PRIME, which today is running on a strong staking and security framework. Apex Fusion, which has a hybrid architecture that retains the programmability of Ethereum coupled with the Bitcoin UTXO security model, is developing a successful blockchain network for mass use. PRIME has a decentralized staking model, which is a more secure network and more decentralization. More than 130 SPOs are already securing the chain, thereby making it way stronger. Liquid native staking by AP3X token holders gives rewards annually while helping out with network security. As part of its growth, Apex Fusion has disclosed that the AP3X token will go live on LBANK on February 20, 2025, providing early adopters with a staking reward of around 10% annually. Apex Fusion Increases Blockchain Interoperability and Scalability To advance scalability and interoperability, the roadmap of Apex Fusion includes two Layer 2 solutions, ie, VECTOR and NEXUS. VECTOR is a Layer 2 founded on UTXO to provide inexpensive and high-speed transactions, whereas NEXUS, being EVM-compatible Layer 2, provides execution of smart contracts. The Reactor Bridge will provide frictionless cross-chain transfers, whereby the assets and the liquidity are open to flow freely across networks. The Apex Fusion Foundation, being a Swiss-registered foundation, has the responsibility to oversee the ecosystem to ensure transparency and regulatory compliance. AP3X is a utility token, and it provides utmost transparency to the users, particularly PRIME Chain stakers. The ultimate long-term vision is to have an on-chain reputation system to encourage verified contributions to facilitate trust and…

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Filed under: News - @ February 21, 2025 8:19 pm