Calyx Token (CLX) and Theta Network (THETA): Decentralisation at its finest
Decentralisation serves a key purpose in the crypto industry, with more and more attention given to the DeFi (Decentralised Finance) sector. Helping solve several problems, including the dependence on a middle-man, DeFi networks are experiencing explosive growth and development. CLX news…
Peer-to-peer (P2P) collaboration in open-source networks allows greater potential for many new and established cryptocurrencies. Theta Network (THETA) and a newcomer Calyx Token (CLX) keep on growing and impressing crypto investors.
Calyx Token (CLX)
Calyx Token (CLX) will function as a permissionless liquidity protocol and will fully transform into a community-driven project. The platform will allow users to trade tokens without having to create an account.
CalyxDAO will allow CLX token holders to stake their tokens in order to take part in the community and vote on proposals. The goal is to empower people from the community while also ensuring the ecosystem’s productivity.
Liquidity is at the centre of the success of DeFi applications. Lack of adequate liquidity may become a problem when aiming for scalability and growth. CalyxSwap will source liquidity from various liquidity channels allowing traders to get the best prices and faster transactions.
At the moment, the token swap will be executed over the Ethereum (ETH) blockchain, but the Calyx Token roadmap showcases further development involving Polygon (MATIC), Avalanche (AVAX), Fantom (FTM), and Binance Smart Chain (BSC).
Why should you buy Calyx Token?
Calyx Token (CLX) will provide several benefits to the investors, including an instant trade solution, liquidity aggregation, and permissionless transactions. Immediate token swaps in a single transaction will ensure faster trading.
CLX is in the first phase of its presale, with a limited amount of 500 million tokens available. Becoming an early investor can be especially beneficial when looking at the success of other previous presales, such as Filecoin (FIL) or Ethereum (ETH). There is still time to get CLX tokens for a cheap price ahead of its public launch. Experts predict its value to experience a significant rise after the presale.
Theta Network (THETA)
Theta Network (THETA) is a decentralised video distribution network and cryptocurrency. Its cutting-edge technology tackles the streaming industry’s technological as well as economic issues. Theta Network was created to enable peer-to-peer (P2P) network capacity sharing. Members can earn tokens by donating extra bandwidth and computing power.
Theta Network operates on Ethereum’s blockchain technology, utilising its security and efficiency advantages to distribute higher-quality content. THETA, the network’s native token, is necessary to become a Guardian or Validator and contribute to the platform’s governance.
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