• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Parex Network: Updates on Liquidity and Network Optimization

user avatar

by Giorgi Kostiuk

a year ago


This week, Parex Network saw ongoing developments focusing on liquidity expansion and protocol optimization, reinforcing the network's long-term goals.

Conclusion of PoolBoost Round 2

Following strong community participation, the second round of PoolBoost has concluded. This staking mechanism increases liquidity and provides stable rewards. The round demonstrated ongoing demand for sustainable staking solutions.

Launch of PoolBoost Round 3

PoolBoost Round 3 has launched with a starting APR of 50%. Participants can stake PRX/USDT liquidity pool tokens and earn rewards on an hourly basis for one year.

Liquidity Growth in the Parex Ecosystem

The launch of RaccoonSwap and participation in staking mechanisms have contributed to increasing liquidity. Growing interest from liquidity providers enhances the trading platform's efficiency and ensures the network's gradual expansion.

This week, Parex Network continued to enhance its ecosystem by boosting liquidity and optimizing the network. The community's active participation underlines the project's long-term sustainability.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

David Schwartz Addresses XRP Ledger Transaction Control Speculation

chest

David Schwartz clarifies that valid transactions on the XRP Ledger cannot be blocked unless users agree to change the validity rules.

user avatarMaria Fernandez

UK Gambling Commission's Crypto Payment Review Linked to FCA's New Framework

chest

The UK Gambling Commission's potential move to allow cryptocurrency payments at licensed gambling venues is linked to the FCA's new oversight framework for cryptocurrencies.

user avatarGustavo Mendoza

UK Gambling Commission Explores Cryptocurrency Payments Amid Illegal Gambling Concerns

chest

The UK Gambling Commission is exploring the possibility of allowing cryptocurrency as a payment method for licensed online gambling platforms due to rising illegal gambling activities.

user avatarRajesh Kumar

Apple's Strategic Advantage in AI Amidst Market Challenges

chest

Jim Cramer highlights Apple's strategic advantage in the AI sector through its Google Gemini deal, despite concerns over stock performance.

user avatarMiguel Rodriguez

Stablecoins Expected to Gain Momentum in Mainstream Payments

chest

Stablecoins are increasingly viewed as a disruptive force in global payments, with significant growth projected.

user avatarLuis Flores

Bitcoin Price Analysis Predicts Bottom Before Next Halving

chest

Crypto analyst Blockchainedbb forecasts a potential price bottom for Bitcoin in late Q4 2024, based on historical halving cycles.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.