Chainlink Holders Eyeing New DeFi Protocol Set For 1800% Growth, Solana Monthly Active Addresses Surpass 100M
The post Chainlink Holders Eyeing New DeFi Protocol Set For 1800% Growth, Solana Monthly Active Addresses Surpass 100M appeared on BitcoinEthereumNews.com.
Lately, even established DeFi coins like Chainlink (LINK) face a series of fluctuations due to the stagnation and slow momentum in the broader altcoin market this Q4. As a result, investors are getting smart with their investment by diversifying with newer and more promising options. LINK holders are particularly eyeing a new DeFi protocol, Lunex Network (LNEX). With an 18x growth projected for it after launch, this presale gem is set to gain massive adoption. On a different note, Solana (SOL) has just broken a new record as its monthly active addresses surpass 100M. Lunex Network Set To Increase DeFi Participation, Attracts Surging Institutional Interests The Lunex Network (LNEX) is the latest DeFi protocol on blockchain network, aiming to push the practicality of DEX platforms beyond what we already know it to be. Connecting isolated blockchains together, Lunex Network allows investors to trade over 50K crypto assets in a non-custodial setting where third-party wallets and personal details are not required, and at a competitive low fees. Meanwhile, the DeFi platform extends its market reach by allowing both businesses and developers to thrive on its network. Precisely, Lunex Network offers a B2B merchant payment gateway, enabling businesses to accept crypto payment and easily swap to fiat currency. Furthermore, developers are able to explore their prowess on Lunex Network as the platform has provided more than 65 RPC nodes to aid Web3 developments. Lunex Network is also getting more popular in its ongoing presale due to its revenue share model, cash back rewards and other incentives set aside for users. For instance, 50% of the revenue Lunex Network makes from its swapping activities goes to its users as reward. Aside from this, Token holders are set for an 18% APR yield when they stake the $LNEX, which is also expected to rise…
Filed under: News - @ October 13, 2024 10:33 pm