Soldex Partners with Larix

Published on: 05.01.2022

Soldex is thrilled to announce a strategic partnership with Larix — the first metaverse-based finance protocol on the Solana ecosystem.

Larix is the first and only protocol to support LP mortgage lending with auto-compounding. The one and only on Solana!

This partnership allows the two protocols to sync and work together.

This is great news for the Soldex project in particular and for the Solana ecosystem in general.

With this cooperation between Soldex and Larix, Soldex will gain an increase in attention and a wilder recognition in the market.

Interesting facts about Soldex

Imagine how difficult physics would be if electrons had emotions.

That’s close to how difficult it is for newbies filled with human weaknesses and emotions to trade digital assets with their hard earned money.

But Soldex aims to solve that.

Soldex is the fastest, easiest, and most user-friendly third-generation DEX being built on Solana.

Working on all market conditions, 24/7, with emotionless machine-learning and neural network algorithms, Soldex is the next step in DeFi evolution.

Soldex would resolve the issues faced by order-matching centralized exchanges and trustless custody within current decentralized exchanges.

By offering AI-powered bots that evaluate market data, make intelligent predictions on market risks and trade assets, Soldex would eliminate the risks involved in trading crypto assets.

Interesting facts about Larix

Larix is the leading borrowing and lending protocol on the Solana blockchain. It makes use of a dynamic interest rate model.

It has created more capital-efficient risk management pools ensuring that a broad selection of collateral types, stablecoins, NFTs, crypto tokens, and synthetic assets can be utilized in a safe and secure way.

Larix is the first lending project on Solana that has been audited and reviewed by SlowMist — the well-known and reputable smart contract auditor.

Larix is backed by many reputable institutions like Epsilon, Houbi Ventures, Polygon, Gate, Solana Capital, MXC Global, 3Commas, Libra, Fenbushi, SolarEcoFund, Bitmart, etc.

It is the first lending protocol with live mining functionality. It’s also the first lending protocol Open-Sourced on Solana.

According to Coingecko.com, Larix has a TVL of $168,828,039 with a total supply of 10,000,000,000.

⏩  SOURCE

Market Stats:
BTC Dominance: 53.63%(+0.29%/24h)
ETH Dominance: 16.4%(-0.26%/24h)
Defi Market Cap: $80.93B(+7.37%/24h)
Total Market Cap: $2214.05B(-4.51%/24h)
Total Trading Volume 24h: $82.53B(+22.28%/24h)
ETH Market Cap: $362.57B
Defi to ETH Ratio: 22.32%
Defi Dominance: 3.48%
Altcoin Market Cap: $1026.55B
Altcoin Volume 24h: $48.97B
Total Cryptocurrencies: 29472
Active Cryptocurrencies: 9860
Active Market Pairs: 82732
Active Exchanges: 755
Total Exchanges: 8427
BTC: 60273.57$(0.22%/1H)
ETH: 2974.69$(-0.09%/1H)
AVAX: 32.39$(0.03%/1H)
BNB: 566.68$(-0.4%/1H)
MATIC: 0.66$(-0.04%/1H)
FTM: 0.64$(0.13%/1H)
ADA: 0.43$(-0.15%/1H)
DOT: 6.12$(-0.02%/1H)
UNI: 7.08$(-0.43%/1H)
CAKE: 2.49$(-0.02%/1H)
SUSHI: 0.93$(0.05%/1H)
ONE: 0.02$(0.25%/1H)