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SYS Labs unveils Rollux Phase 2 with advanced DeFi tools backed by Bitcoin

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  • SYS Labs has unveiled Rollux Phase 2, supercharging DeFi with Bitcoin help.
  • Rollux provides a complete suite of DeFi tools and privacy-focused SuperDapp.
  • Syscoin’s structure and UTXO Bridge increase Web3 scalability and interoperability.

SYS Labs, the driving pressure behind Rollux, has introduced the launch of Rollux Phase 2, introducing a robust suite of decentralized finance (DeFi) tools backed by Bitcoin and Syscoin.

This growth represents a major leap within the DeFi universe, enhancing the Web3 ecosystem’s efficiency and inclusivity.

The Rollux Phase 2

Rollux Phase 2 signifies a quantum leap within the DeFi universe, marked by innovation and inclusivity. SYS Labs’ dedication to enhancing the Web3 ecosystem, bolstered by Bitcoin’s safety and Syscoin’s information availability answer, continues to drive the evolution of blockchain technology and decentralized finance.

Rollux, an EVM Layer-2 answer, harnesses the energy of Bitcoin’s mining community to optimize Ethereum community functions. It powers SuperDapp, a groundbreaking platform that seamlessly blends AI, messaging, video calls, a non-custodial crypto wallet, and a developer market.

SuperDapp provides customers a safe and personal atmosphere for on-line interactions, enriching the Rollux ecosystem.

Rollux unveils a complete set of DeFi tools and providers within the second part, addressing the blockchain trilemma – pace, scalability, and affordability.

With options like a ZK-lite consumer, cross-chain bridges, decentralized exchanges (DEXs), liquidity protocols, yield aggregators, and a launchpad, Rollux is poised to put the muse for a sturdy Web3 ecosystem.

Rollux’s robust basis contains Syscoin’s twin Layer-1 structure, that includes each a local UTXO chain and an NEVM chain. The newly launched UTXO Bridge streamlines migration to Rollux’s EVM Layer 2, bridging the hole between UTXO and Layer 2 as per fashionable demand.

Rollux has additionally expanded its suite of Web3 functions and providers to incorporate Pegasys DeFi alternate, Luxy NFT Platform, Pali Wallet (accessible in net and cellular variations), DAOSYS, and Camada, a non-custodial, regulatory-compliant crypto buying and selling platform. The ecosystem is additional enriched by Chainge cross-chain aggregated DEX, Agave DeFi lending protocol, Gamma liquidity protocol, Nexter prediction market, GoRollux launchpad, Beefy yield aggregator, and LayerSwap – the primary bridge permitting direct and immediate transfers from centralized exchanges to blockchains.

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