DxLaunch protocol Expansion

Published on: 11.05.2022

DxLaunch protocol Expansion cross-chain will expand to Fantom and Avalanche. Holders will decide through voting when and which expansion occurs first.

Once the community chooses which chain will DxLaunch expand to, applications for a presale will be immediately opened. This will provide enough time for holders to research the projects and take a safe vote.

Technical advantages – No supply increase

Expanding into new chains can be done in multiple ways, and of course, some of them are more profitable for holders and some others for project owners.

In order to get these expansions to really benefit the DxLaunch protocol, They have planned it in a way in which the buying pressure of the $DXL token is increased, at the same time that the circulating supply keeps stable.

Part of the liquidity on the BNB Chain will be moved over to Avalanche and Fantom to support trading in every chain. And the bridge will be filled with enough tokens to support a fluid activity.

Benefits for $DXL holders

Not only they will benefit from a very important price raise, due to an increased buy pressure combined with keeping the supply stable, but they will also obtain new investment opportunities.

How to bridge?

One of our most valuable partners is Multichain. They will support bridges for both DxLaunch itself, and all the cross-chain protocols that pass through our launchpad.

After the bridge is deployed, users can simply go to https://app.multichain.org/#/router and send their tokens from one chain to the other one.

About DxLaunch

DxLaunch is a decentralized launchpad protocol that takes advantage of the benefits of blockchain to democratize crowdfunding through DeFi and DAOs. They believe in decentralization in all the steps of the life of a project, including launch and incubation, but at the same time, they acknowledge the necessity for security and confidence to investors. DxLaunch provides a reliable platform for developers and teams to pitch their projects and communicate directly to investors and a secure and governed platform for investors to discover the next successful DeFi project.