SYS Labs has announced the launch of Rollux Phase 2, a powerful suite of decentralized finance (DeFi) tools backed by Bitcoin and Syscoin. This development aims to enhance the performance and inclusivity of the Web3 ecosystem. Rollux Phase 2 introduces Rollux, an EVM Layer-2 solution that utilizes Bitcoin’s mining network to optimize Ethereum network applications. It also powers SuperDapp, a platform that combines AI, messaging, video calls, a non-custodial crypto wallet, and a developer marketplace. Rollux offers a range of DeFi tools and services, including cross-chain bridges, decentralized exchanges, liquidity protocols, yield aggregators, and a launchpad. It is built on Syscoin’s dual Layer-1 architecture, featuring a native UTXO chain and an NEVM chain. The newly introduced UTXO Bridge facilitates migration to Rollux’s EVM Layer 2. Additionally, Rollux has expanded its suite of Web3 applications and services to include various platforms such as Pegasys DeFi exchange, Luxy NFT Platform, Pali Wallet, DAOSYS, and Camada. The ecosystem is further enriched by Chainge cross-chain aggregated DEX, Agave DeFi lending protocol, Gamma liquidity protocol, Nexter prediction market, GoRollux launchpad, Beefy yield aggregator, and LayerSwap. These developments aim to address the blockchain trilemma of speed, scalability, and affordability.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | positive |
| Relevance Score | 1 |
| People | None |
| Companies | Rollux, Syscoin, SYS Labs, Bitcoin, SuperDapp |
| Currencies | Bitcoin, Syscoin |
| Securities | None |
