• 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

Morgan Stanley Boosts Apple Stock Rating

chest

Morgan Stanley has reiterated its buy rating on Apple stock, raising the price target to $364.

user avatarKofi Adjeman

Apple Achieves Historic $5 Trillion Market Cap

chest

Apple Inc. has made history by surpassing a market capitalization of $5 trillion for the first time, overtaking AI giant Nvidia.

user avatarSatoshi Nakamura

Apple to Launch New Smart Home Products

chest

Apple is set to launch a Siri AI-powered home hub alongside refreshed Apple TV and HomePod mini, challenging Amazon's Echo and Google's Nest.

user avatarNguyen Van Long

SK Hynix Stock Falls Below IPO Price Amid Sector Downturn

chest

SK Hynix's stock has dropped below its IPO price amid a downturn in the semiconductor sector, presenting a potential buying opportunity.

user avatarJesper Sørensen

SparkKitty Malware Campaign Exposed by Check Point

chest

A report from Check Point reveals the SparkKitty malware campaign targeting cryptocurrency users by scanning photos on infected devices for sensitive information.

user avatarRajesh Kumar

Shiba Inu Token Experiences Remarkable 22% Surge

chest

Shiba Inu has experienced a significant price increase of nearly 22% in just one week, marking a notable change after a long period of stagnation.

user avatarFilippo Romano

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.