SYS Labs’ Rollux Primed to Launch: Stronger, Cheaper, Faster, Better

Dubai, UAE, June 1, 2023 — SYS Labs, a leading innovator in blockchain technology, is thrilled to announce the mainnet release date for Rollux, its groundbreaking EVM-L2 scaling platform. Set to launch on June 28, 2023, Rollux promises to deliver speed, security, affordability, and scalability, key components demanded by the blockchain industry for mass adoption. This announcement follows a successful closed dry-run of Rollux mainnet and positive feedback from the community on its testnet version. 

Rollux, the culmination of years of research and development, aims to offer the ultimate EVM experience that the blockchain industry has been waiting for. As an Optimistic rollup fork, it's uniquely designed to provide the fastest, cheapest, and most secure transactions at scale, all with two second finality secured by Bitcoin.

"Our vision has always been to bridge the gap between the existing capabilities of blockchain and the needs of users, developers, and enterprises," said Jagdeep Sidhu, CEO of SYS Labs. "Rollux is that bridge."

SYS Labs’ ventures include a number of other products and services designed to make the most of Rollux’s capabilities, including SuperDapp, their AI-infused social platform, Pegasys, their DeFi exchange, Luxy, their NFT platform, along with Pali Wallet, their easy-to-use web wallet, DAOSYS, their new standard for DAO models, and Camada, a non-custodial, regulatory-compliant asset management tool for institutions and retail.

However, the Syscoin Platform is host to a number of partners who will be launching their own products on Rollux once it goes live, for a full-fledged ecosystem launch. Likewise, the SYS Labs team extends an open invitation to all EVM-based projects to try the platform for themselves and immediately begin passing on the benefits to their users. 

The upcoming release of Rollux marks a significant step forward in the blockchain industry, setting new standards for transaction speed, security, and affordability. As SYS Labs prepares for this milestone, it invites the community to join the journey and stay connected for further updates.

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.