The post The Solution to The Problem The DeFI World Has Been Screaming For: Lunex Network Has Arrived appeared first on Coinpedia Fintech News
Decentralized exchanges like Uniswap and PancakeSwap have made significant improvements to their ecosystems in the last few years, but blockchain fragmentation remains a critical problem. In a world where traders want to seamlessly switch between different blockchains, decentralized exchanges are still unable to swap cryptos that run on separate chains.
To resolve this problem once and for all, Lunex Network (LNEX) is launching a new Web3-based decentralized exchange that is completely non-custodial. By bridging the gap between separate chains, Lunex Network allows traders to make crypto swaps regardless of the backend blockchains. Given this impressive new cross-chain functionality, analysts are tipping Lunex to become the next big 100x crypto by 2025.
How Does the Lunex Network (LNEX) Exchange Work?
Lunex Network is committed to user experience which is why it has a quick and simple process to swap cryptos. On the Lunex mobile exchange, traders first need to choose whether they want to exchange cryptos or buy/sell cryptos. If they wish to exchange cryptos, they can select the pair they want to swap from a dropdown menu that lists more than 50,000 cryptocurrencies already. Then, they need to enter a recipient wallet address where Lunex Network will deposit the new tokens.
After confirming these details, traders are asked to deposit the given wallet address. As soon as the deposit is received and authenticated by Lunex, traders will receive their new cryptocurrency within the next few minutes.
With this quick and simple process, Lunex Network is directly challenging existing DEXs like Binance, Uniswap, PancakeSwap, and even Ethereum. The reason why Lunex Network is emerging as a better option than existing exchanges is the platform’s unique no-KYC policy. While other exchanges require traders to input sensitive information before making a crypto swap, the Network offers a completely anonymous and secure experience.
Traders Earn Passive Income with Lunex’s Revenue-Sharing Rewards
Aside from offering a simple trading process, Lunex also has a lucrative revenue-sharing model that allows traders to earn a passive income through staking rewards. Once Lunex generates revenue from transaction and merchant fees or node leasing, it reinvests a portion of these profits into open market buybacks of $LNEX. These tokens are then allocated to current LNEX holders as rewards with up to 18% APY, giving long-term investors a reliable source of passive income.
Currently, in the first presale stage, Lunex is selling tokens for a low price of only $0.0012. However, this low price point isn’t expected to last long as analysts are already predicting 1800% gains before the end of Lunex’s presale. As it begins to dominate the decentralized exchange market, its native $LNEX token is expected to experience massive bullish rallies that will push the price further up in the upcoming months.
You can find more information here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork