As an investor, trader, or simply a lover of learning about the electronic financial market, you will be no stranger to the trend of decentralized exchanges in recent years. With significant improvements from the centralized exchange system, hundreds of new generation exchanges have launched and dominated the market. And Galaxy DEX is one of the hot names in the first half of this year with an exchange system called Galaxy Dex, Galaxy Token, and an "ambitious" Airdrop campaign.
1. What is Galaxy DEX?
In early 2021, Galaxy Infotech Solutions LTD Company embarked on building a core team to research AMM Multi Chain technology to implement the Galaxy Dex project construction plan. The project as its name implies, the galaxy, implies the project's unlimited expansion and connectivity in the blockchain world.
Galaxy Infotech Solutions LTD hopes that the introduction of Galaxy DEX will be a great solution to the limitations that still exist in the decentralized exchange system at present such as Time Zone difference, Slow speed during rush hours, high transaction fees, limited network connections between platforms.
And after only 3 short months of market launch, Galaxy DEX has gradually proven to the community its capabilities and attracted the attention of millions of people. The proof of this is the number of users on the system growing exponentially every day, the appearance of Galaxy DEX in the newspaper as well as the search box that continuously holds a high position. And especially, the campaign to recruit system developers and build partnerships is extremely successful. Currently, Galaxy DEX is still recruiting technology partners and developing markets in potential markets and regions such as Asia, the EU, Russia,... attracting most of the attention from the community.
2. Galaxy DEX EcosystemsOne of the reasons why Galaxy DEX is so hot in the market is because it is built on the AMM Multi Chain model, opening the era of unlimited crossover for investors. With his model, Galaxy DEX is able to offer users (traders and investors) a diverse ecosystem, covering most aspects of the financial market.
Some of the prominent ecosystems that are expected to make waves in the community are:
Galaxy Exchange Decentralized Exchange
Galaxy Exchange is a decentralized exchange that runs on the AMM Multi Chain Automated Market Maker model. It combines both a multi-chain powered Automated Market Maker and DEX model to ensure that traders always have enough liquidity for their trades at scale across platforms.
Galaxy Farming System
Galaxy Farms is Galaxy Dex's own productivity farm, where users can "harvest" Galaxy Token (GLX) - Galaxy DEX's own currency by staking 1 token pair in their LP to generate profit.
Galaxy Pool system
Galaxy Pool is also an ecosystem that allows investors to earn Galaxy Tokens. However, with this system, participants will be able to join Staking groups, where they can staking different types of Tokens and cryptocurrencies to earn Galaxy Tokens as profits. Staking at Galaxy Pool has low risk, moderate return for investors to earn more revenue from crypto tokens.
Multi-chain Galaxy Wallet
Galaxy Wallet is an electronic wallet application that is not regulated by any 3rd party, allowing anyone to leverage the power of Decentralized Finance (Defi). A wallet application that allows users to store, trade, transfer, and earns cryptocurrency on multiple platforms.
Besides, there are some other ecosystems
Galaxy IFO: Issue tokens on Multiswap and must be purchased with Galaxy Dex LP with a certain token.
Galaxy Lottery: Lottery game on Galaxy Dex
Galaxy NFT mining: Use Multi tokens to buy NFTs
GUSD: Multi-chain stable coin
3. Galaxy Token and Potential Airdrop CampaignUpon its launch, Galaxy DEX immediately launched its own token called Galaxy Token (GLX Token) with a total reserve of 100,000,000 Tokens. While most coins on the market follow the big boys and use ERC-20 and TRC-20 mechanisms, Galaxy Token is developed under Smart contract BEP-20 - a standard of tokens running on Binance. SmartChain BSC - BEP20 is similar to the ERC20 standard of tokens running on the Ethereum platform, or TRC-20 of the TRON network, but it is much more expanded and upgraded.
Galaxy Token will be used across all Galaxy DEX ecosystems and is the main currency used for payments on the Galaxy DEX platform.
The Galaxy DEX media team announced at the end of the third quarter of 2021, it will officially launch the Airdrop program with a total prize fund value of up to 3,000,000 GLX Tokens. Accordingly, participants will easily own the first Tokens through simple operations such as Like, share. The amount of Tokens for each operation is not large, but throughout the program, participants can own an unlimited reward.
It can be said that the business was very wise when choosing AirDrop as a form of marketing in the early stages of the project. This is the golden time when implementing this campaign because the number of internet visits is increasing many times due to the impact of the global COVID-19 pandemic.
The official information about the Airdrop campaign of Galaxy Token will be announced through the official information channels from the project. And individuals or businesses who want to cooperate, please register HERE:
https://forms.gle/iYCZiPLSUqCfH5Rq8Please follow the media channels for more new information from the project:
✯ Youtube:
https://bit.ly/3CBD6qc✯ Facebook:
https://bit.ly/3AAfZKG✯ Telegram group:
https://bit.ly/37xgFnN✯ Telegram channel:
https://bit.ly/3AtTpDJ✯ Twitter:
https://bit.ly/2VJDLW0
