Rollux Phase 2 and Chainge: Unveiling the Next Frontier in DeFi Interoperability

Rollux Phase 2: A Quantum Leap in DeFi

In the ever-evolving world of decentralized finance (DeFi), Rollux has stood as a leader of innovation and security. Rooted in the unmatched strength of Bitcoin, Rollux has been leading the charge in the EVM L2 arena. But as we transition into Phase 2, we're not just taking a step; we're making a quantum leap. If you've been contemplating joining the Rollux ecosystem, the time has never been better. This summer we announced our partner Chainge, and today we are revealing the important part they play in Rollux Phase 2. 

Chainge: More Than Just a Bridge

Chainge isn't just a financial platform; it's a complete financial ecosystem. With the introduction of Rollux Phase 2, Chainge is bringing important financial instruments into the Rollux ecosystem:

  • NEVM to Rollux Bridge: Offering seamless transitions between networks.
  • Instant Settlements: With Chainge as a provider, you can bypass the 7-day waiting period typical of optimistic rollups when settling on L1.
  • Pegasys Synergy: Chainge is developing a UTXO bridge to Rollux, facilitating the migration of Syscoin's UTXO enthusiasts to the Pegasys ecosystem.
  • UTXO Support: Currently available only on mobile but will soon be integrated into the dApp.
  • Excellent Mobile App Support: Experience the full range of Chainge's offerings at your fingertips on your mobile device.

 

What This Means for the Rollux and Chainge Partnership

The initial partnership between Rollux and Chainge was a milestone in the journey toward seamless cross-chain interoperability. With Phase 2, we're not just iterating; we're transforming. Chainge will continue to support SYS NEVM and will now also back SYS Rollux while bolstering other SYS Labs’ products, including Pegasys and Luxy. In return, SYS Labs will continue to harness the power of Chainge's API to augment the cross-chain capabilities of our ecosystem.

The Future is Now

Don't just be a spectator in the next step of Rollux’s evolution; be an active participant. Stake your $SYS, engage in governance, and make your voice heard. The future is Rollux, and it's a future that's already unfolding. Dive in today and be a part of this groundbreaking journey.

Take Action: Experience Chainge on Your Mobile Device

Ready to take the next step in your DeFi journey? Download the Chainge mobile app now and unlock a world of financial freedom and cross-chain interoperability.

For iOS Users: Download on the App Store

For Android Users: Download on Google Play or Download APK

Don't just read about the future—be a part of it. Download Chainge today!

About Chainge Finance

Chainge Finance is a Web3 DeFi app that currently stands as the most liquid cross-chain aggregated DEX on the market. 

Chainge offers a wide array of decentralized services including a multi-functional cross-chain wallet so that users can seamlessly swap, send and receive assets across networks, an Escrow Module, a top DEX Aggregator, a Futures DEX, a virtual Credit Card and the very first decentralized Options DEX — all powered and secured by Fusion DCRM tech

Website | Twitter | YouTube | Medium | Telegram | Reddit

 

About Rollux

Built by SYS Labs, powered by Syscoin, and fueled by $SYS. Rollux is an EVM-equivalent optimistic rollup that inherits the security of Bitcoin’s mining network and Syscoin’s Layer 1 finality and data availability. Rollux functions as Syscoin’s Layer 2 to help provide the unprecedented scalability necessary for an exponential increase of potential use cases, and sets the stage for realizing mass adoption. Rollux offers what no one else does: unmitigated security, speed, decentralization, and affordability.

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About SYS Labs

SYS Labs is the crucible where cutting-edge technology and financial revolution converge, building the fundamental layers of true Web3, and connecting users, dapps, and assets to create seamless flows between ecosystems. SYS Labs is a venture builder that creates the infrastructure, dapps, and tools necessary to meet the needs and desires of a global population, all backed by Bitcoin’s security and enhanced by Syscoin’s finality and groundbreaking L1 data availability solution, PoDA.

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Oct 17, 2023 by SYS Labs