- The Blast mainnet is now live, unlocking billions of dollars in user assets.
- Pullix is days away from launching its native token PLX on DEXs and CEXs.
- Investors eyeing the hybrid exchange are aggressively accumulating PLX tokens during a presale cycle that ends March 4, 2024.
As Blast — an Ethereum layer-2 network offering native yield on ETH and stablecoins — launches its mainnet, attention has shifted to the highly anticipated market debut of Pullix (PLX).
Blast mainnet unlocks billions in staked assets
Blast is an EVM-compatible optimistic rollup scaling protocol that offers up to 5% APY to ETH and stablecoin holders who stake assets on the network.
The project’s Ethereum layer-2 mainnet went live on February 29, unlocking nearly $2.3 billion in assets that users had staked since Blast was unveiled in November 2023. With the mainnet online, early-access users can now connect and use decentralized applications (dApps) on Blast, the team noted in a post on X on March 1.
“Today, $2.3 billion and 181,888 community members were unlocked on the Blast mainnet. Mainnet users will continue to earn Blast points, and mainnet dApps will now be able to earn Blast Gold,” the team said.
As Blast’s layer-2 mainnet gains traction, crypto investors looking to benefit from anticipated token distributions are preparing to increase their activity. Blast is reportedly considering a native token, potentially to be launched in May.
In terms of token distribution, Blast plans to allocate 50% to users holding Blast points and the other 50% to dApps (Blast Gold).
Pullix readies for PLX launch
Pullix, a new hybrid trading and investment exchange, is approaching the official platform launch. Ahead of that, its native governance and utility token PLX will go live on exchanges starting March 4.
😱 Unbelievable…WE’VE TORCHED OVER HALF the bonus round supply in UNDER 48 HOURS!!!! 🔥😱
News is officially out that Pullix is THE launchpad for the future of high-speed online trading – and you all are responding accordingly! 🚀🚀
In just 2 days, 50%+ of the unlocked tokens… pic.twitter.com/8gewlFkgrm
— Pullix (@Pullixmarkets) February 29, 2024
Only two days remain until PLX arrives on Uniswap. According to the presale page, less than 40% of presale tokens remain. Investors who missed earlier rounds have one last chance to buy PLX at the discounted price of $0.14.
On March 4, 2024, PLX will list on its first decentralized exchange, Uniswap. On March 7, the hybrid exchange token will debut on BitMart, the first centralized exchange (CEX) to support PLX trading.
What makes Pullix unique?
As a new exchange for trading activity, Pullix aims to transform the decentralized finance (DeFi) market. The platform’s hybrid exchange model blends the best features of DEXs and CEXs into a single offering.
While Pullix provides the security, convenience and ease of trading associated with traditional exchanges, it also seeks to address DeFi’s liquidity challenges with novel solutions.
A rewards program that allows traders to earn while they trade daily adds a strong incentive for user engagement.
A non-custodial approach is another key feature, meaning users retain control of their assets. This has generated excitement among traders, and Pullix’s broker offering without KYC further enhances its appeal for a new generation of privacy-focused users.
Pullix will also enable trading across a wide range of financial instruments, from cryptocurrencies to stocks, forex, commodities and ETFs.
Pullix roadmap: what’s next?
Phase 1 of Pullix’s roadmap highlights a successful presale launch, product development updates and the acquisition of key licenses.
Now in Phase 2, the exchange plans to list on leading decentralized and centralized exchanges, unveil its launchpad and roll out a beta release of mobile apps.
These milestones follow an intense presale that included a bonus round investors quickly snapped up.
The bonus round ends on March 4, the same day Pullix lists on Uniswap. For more information, visit their official site.