Introducing Solaxy ($SOLX): $SOL First Layer-2 Scaling Solution
Solaxy is an innovative project aiming to enhance the Solana blockchain's performance by addressing its scalability and congestion issues. As the first Layer-2 solution for Solana, Solaxy processes transactions off the main network, bundling them before settling back on-chain. This approach maintains Solana's security while significantly improving transaction speed and reducing costs.
Key Highlights:
Presale Success: Raised over $30 million, indicating strong investor confidence.
Staking Rewards: Offers dynamic Annual Percentage Yields (APY), with early investors benefiting from higher rates.
Tokenomics: Total supply of 138 billion tokens, allocated as follows: 30% for development, 25% for community rewards, 20% for the treasury, 15% for marketing, and 10% for liquidity.
Cross-Chain Compatibility: Built on both $SOL and $ETH , facilitating broader integration and utility.
Why Solaxy Matters:
Solona rapid growth has led to network congestion and scalability challenges. Solaxy addresses these issues by providing a Layer-2 solution that enhances performance without compromising security. This makes it a promising project for developers and investors looking for scalable blockchain solutions.
Get Involved:
Website: Visit Solaxy's Official Site
Community: Join the Solaxy Telegram Group
Stay Updated: Follow Solaxy on X (formerly Twitter)
Note: Always conduct your own research before investing in cryptocurrency projects.