Blockchain
PolyDEX is Coming to Celo
Miami, Florida–(Newsfile Corp. – November 6, 2021) – Inspired by Celo’s mission to build a financial system that creates the conditions for prosperity for everyone, PolyDEX is thrilled to announce our plan to join the Celo ecosystem.
Our automated market maker is built upon the battle-tested Pancakeswap at Binance Smart Chain and PolyDEX at Polygon, offering traders and liquidity providers the best way to exchange tokens and earn trading fees with maximum flexibility and efficiency.
Moreover, CeloDEX will also be a DEX aggregator, giving users the most optimized token swapping experience with lowest slippage and best possible rate across all DEXs, via our multi-routing protocol. CeloDEX will aggregate UbeSwap and Sushiswap at the beginning and will expand further to other DEXes at Celo.
With a user-oriented approach in mind, we have built CeloDEX’s UI to display the multi-routing in real-time so you can view it clearly before confirming any transactions.
PolyLAUNCH – CeloLAUNCH launchpad
PolyLAUNCH is a decentralized multi-chain fundraising platform enabling projects to raise capital. We help to connect legitimate, capable teams with early stage investors and vice versa. With the expansion to Celo, CeloLAUNCH will help all good potential projects to launch on Celo while allowing users from other chains to join with ease.
CeloVAULT
Yield Optimization, Vaults, is always an important tool for both investors and projects. We are thrilled to launch CeloVAULT to provide investors the powerful tool on Celo with automatic high compounding interest rates on their liquidity. We also seek to onboard reliable liquidity farms, assisting projects in building their liquidity.
Performance fees accumulated from CeloVAULT will be used to support both CLX and PLX tokens throughout its lifetime.
NFT Market
Following the successful PolySTORE launch on Polygon, we will bring this NFT market to Celo, allowing users to sell, buy NFTs on the fly.
NFT Market will be launched a bit later at appropriate timing.
Any fees accumulated from the NFT market place will also be best utilized to benefit our ecosystem shareholders.
CeloDEX (CLX) Tokenomics
The official token symbol of the CeloDEX on the Celo blockchain is CLX. There will be 100,000,000 CLX tokens as the Maximum Supply.
The official token contract is 0xC7144Fa865c9f3a6836167A51531A2CC8b0ab5fD and the official listing price of CLX is set at $0.2.
CeloDEX creators have allocated 44,500,000 CLX (44.5%) for liquidity incentives (Farming) which begins on Friday, November 5, 2021, from 1 PM UTC.
On launch, there will be 11 official pools supported. To draw liquidity and to distribute tokens to farmers, CeloDEX is weighing its allocation in favor of the CELO/CLX pool. Users who supply liquidity to this pair stand to receive more rewards. The multiplier varies across pools, with CELO/CLX being the most rewarding with an allocation of X10, followed by CLX/cEUR and CLX/cUSD with a X6 allocation, and at third, cUSD/cEUR and CELO/cUSD have an allocation of X2. Meanwhile, liquidity providers of the WBTC/WETH, WETH/cUSD, WBTC/cUSD, MOBI/CELO, SUSHI/CELO, and UBE/CELO pairs will receive the same rewards proportional to assets locked at an allocation of X1.
20,000,000 CLX tokens (20%) are divided equally to cover the expenses accrued from platform Development (10%) and Marketing (10%) while 5,000,000 CLX (5%) has been set aside to the Treasury. Moreover, CeloDEX will distribute 20,000,000 CLX tokens (20%) as Vault Incentives. At the same time, 10,000,000 CLX (10%) has been allocated to the Main Reserve for Polygon PLX holders.500k CLX tokens (0.5%) of the total supply will be used to provide liquidity.
Moreover, CeloDEX will also offer a set of staking options for long-term $CLX holders, ranging from no lock, 7-day lock(x2), 30-day lock (x5) and 180-days lock (x10), with increasing distribution rates proportionally to the commitment period of choices.
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Stay tuned for more exciting news on our socials
- Website: https://www.CeloDEX.org
- Telegram: https://t.me/polydex.fi
- Telegram: https://t.me/polydexannouncement
- Discord: https://discord.gg/WtksUPQSRm
- Medium: https://medium.com/polydex
- Twitter: https://twitter.com/polydexfi
Media Contact –
Company name: CeloDEX
Email: [email protected]
Website: celodex.org
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102290
Blockchain technology continues to expand its reach, influencing industries far beyond its origins in cryptocurrency. From strategic collaborations to emerging trends, today’s briefing explores key developments shaping the blockchain ecosystem. Here’s the latest.
Blockchain Lobby Groups Unite for Crypto-Friendly Advocacy
In a landmark move, eight major blockchain lobby groups in the U.S. have joined forces to push for crypto-friendly policies under the new administration. With a regulatory climate expected to favor innovation in blockchain and cryptocurrency, these organizations aim to present a unified voice to influence legislation and public discourse.
The coalition’s agenda focuses on fostering technological adoption, ensuring consumer protection, and clarifying taxation policies. This collaboration highlights the growing recognition of blockchain’s potential to drive economic transformation while addressing concerns about regulation.
Source: CoinDesk
Five Underrated Layer-1 Blockchain Tokens to Watch in 2025
As competition among blockchain platforms intensifies, several Layer-1 blockchain tokens are poised to gain significant traction this year. Analysts spotlight projects that prioritize scalability, interoperability, and developer engagement as ones to watch.
While giants like Ethereum and Solana dominate headlines, emerging players are carving out niches in sectors like decentralized finance (DeFi), gaming, and supply chain solutions. These tokens underscore the innovation flourishing within the Layer-1 ecosystem.
Source: The Crypto Basic
AI and Blockchain Drive Innovation in Mining Industry
The integration of AI and blockchain technologies is revolutionizing the mining sector. Blockchain’s immutable ledger capabilities ensure transparency in supply chain operations, while AI optimizes resource extraction and predictive maintenance.
Together, these technologies address critical challenges such as environmental impact and operational inefficiency. As sustainability takes center stage, the mining industry’s adoption of blockchain and AI represents a significant leap forward.
Source: Mining Technology
The Rapid Rise of Blockchain Mini-Games
Blockchain-powered mini-games are capturing the attention of developers and players alike, thanks to their innovative use of tokenization and play-to-earn models. These games—smaller in scope but high in engagement—offer players real ownership of in-game assets and a chance to earn rewards.
The trend’s popularity stems from its low barrier to entry and appeal to casual gamers, signaling a shift in the gaming landscape. As blockchain gaming continues to evolve, mini-games are emerging as a powerful gateway to mainstream adoption.
Source: Crypto Times
Bybit and SignalPlus Announce $100,000 USDC Global Trading Showdown
Bybit and SignalPlus have teamed up to launch a global trading competition with a $100,000 USDC prize pool. The event aims to showcase advanced trading strategies while fostering community engagement within the crypto trading ecosystem.
Participants will compete across multiple trading challenges, highlighting the growing sophistication of crypto markets. This collaboration underscores the role of competitions in promoting market education and innovation.
Source: PR Newswire
The post Blocks & Headlines: Today in Blockchain appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BubbleMaps, Pantera Capital, Week 2025, FP Complete, FP Block, Bybit, FarmX)
Op-Ed: Blockchain’s Expanding Horizons
Blockchain technology continues to disrupt traditional systems, fostering innovation across diverse industries. From advancing digital infrastructure to enhancing transparency and security, its transformative potential is undeniable. Today’s briefing delves into groundbreaking developments that underline blockchain’s growing influence globally.
BubbleMaps Enhances Transparency in Solana Ecosystem
BubbleMaps, a blockchain investigation platform, has extended its capabilities to include Solana tokens. This platform empowers users to visualize token distributions, enhancing transparency and accountability within decentralized ecosystems. By highlighting token relationships, BubbleMaps aids in identifying potential risks, such as centralized holdings or suspicious activity.
This expansion underscores the increasing demand for tools that ensure trust and integrity in blockchain networks, a critical factor in driving mass adoption.
Source: Decrypt
Pantera Capital Highlights Blockchain’s Role in USD Dominance
Pantera Capital has published insights emphasizing blockchain’s crucial role in fortifying the U.S. dollar’s global supremacy. By creating robust digital infrastructures, blockchain technologies enable seamless cross-border transactions, enhance financial transparency, and reduce reliance on intermediaries.
The report advocates for strategic adoption of blockchain solutions to maintain the dollar’s position in an increasingly digital financial landscape. This perspective aligns with broader trends favoring blockchain’s integration into national economic strategies.
Source: Daily Hodl
German Blockchain Week 2025: Bridging Europe and Asia
The recently concluded German Blockchain Week 2025 showcased innovative projects and fostered collaboration between European and Asian markets. Key discussions revolved around regulatory harmonization, decentralized finance (DeFi) opportunities, and cross-border partnerships.
This event highlights the importance of international cooperation in addressing challenges and unlocking the full potential of blockchain technology on a global scale.
Source: AccessWire
FP Complete Evolves into FP Block, Emphasizing Blockchain Engineering
FP Complete has announced its strategic transformation into FP Block, marking a significant shift toward blockchain engineering. This rebranding reflects the company’s commitment to delivering cutting-edge blockchain solutions, including smart contract development, decentralized application (dApp) frameworks, and tokenomics design.
The move positions FP Block as a key player in the blockchain innovation space, catering to the growing demand for specialized engineering expertise in decentralized technologies.
Source: Business Wire
Bybit Web3 Launches FarmX on Telegram
Bybit Web3 has unveiled FarmX, a decentralized farming game integrated into Telegram’s Web3 ecosystem. FarmX combines gaming with blockchain-based rewards, enabling players to earn digital assets through in-game activities.
This innovative approach to gaming exemplifies the potential of blockchain to redefine user engagement, blending entertainment with financial incentives in decentralized environments.
Source: PR Newswire
Analysis and Takeaways
- Enhanced Transparency: BubbleMaps’ integration of Solana tokens demonstrates the importance of tools that promote transparency in blockchain networks.
- Strategic Infrastructure: Pantera Capital’s insights reinforce the critical role of blockchain in maintaining economic dominance in the digital age.
- Global Collaboration: Events like German Blockchain Week 2025 emphasize the need for international partnerships to address regulatory and operational challenges.
- Specialized Engineering: FP Block’s focus on blockchain engineering highlights the growing demand for expertise in building decentralized systems.
- Blockchain Gaming: Bybit Web3’s FarmX showcases the fusion of gaming and blockchain, paving the way for innovative user experiences and financial inclusivity.
The post Blocks & Headlines: Today in Blockchain (BubbleMaps, Pantera Capital, Week 2025, FP Complete, FP Block, Bybit, FarmX) appeared first on News, Events, Advertising Options.
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