Rollux and Chainge Finance Unite: Accelerating DeFi's Path to Seamless Cross-Chain Interoperability
We are thrilled to team up with Chainge Finance, a leading DeFi platform that is dedicated to financial empowerment and cross-chain interoperability. With the most liquid cross-chain aggregated DEX, Chainge Finance boasts a staggering $40B+ in liquidity across dozens of chains, revolutionizing the DeFi world. Their robust web and mobile apps provides users with central-exchange (CEX) functionalities like staking, lending, borrowing, and the ability to trade across different chains effortlessly.
Chainge Finance is more than just a platform—it's an enabler for financial freedom. Through a suite of decentralized services, users can manage their assets efficiently across multiple chains without having to worry about the underlying complexities. Their Fusion DCRM technology ensures the highest security measures, a vital aspect for mass adoption of DeFi solutions.
With the initial partnership between Syscoin and Chainge Finance, Chainge is already supporting SYS NEVM on their platform. Now they will also be supporting SYS Rollux and some of SYS Labs’ Layer-2 solutions, including PSYS and LUXY. In return, SYS Labs will leverage the power of Chainge's API, enhancing the cross-chain capabilities of our ecosystem. As our primary bridge and cross-chain platform, Chainge Finance will provide the liquidity necessary to fulfill the demands of cross-chain bridge users, further solidifying the synergies of this collaboration.
Chainge Finance is also planning to launch their native token, CHNG, on Rollux. This integration represents a crucial step towards our shared vision of a scalable, fast, and interoperable blockchain ecosystem.
Our partnership will involve major Rollux ecosystem players. Pegasys will be crucial for the CHNG listing and contract creation. LUXY will leverage Chainge's API to enhance its capabilities and provide a better user experience. The integration will occur at the launch of our Layer-2 solution, bringing unprecedented advantages to the Syscoin ecosystem.
"We are beyond excited about this partnership with Chainge Finance. Their commitment to financial freedom and innovative approach to cross-chain interoperability aligns perfectly with Rollux's goals. By working together, we will pave the way for a more equitable and accessible financial future," said Jagdeep Sidhu, Lead Core Developer of Syscoin and President of the Syscoin Foundation.
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
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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.
About SYS Labs
SYS Labs is a unicorn of unicorns, building the fundamental layers of true Web3, and connecting users, dApps, and assets to create seamless flows between ecosystems. SYS Labs 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.
Jun 29, 2023 by SYS Labs