Community Giveaway: $SOLX & $ALF Collaboration To Expand Token Utility
Alfprotocol and Soldex are proud Solana ecosystem members, providing decentralized solutions to real-world challenges. With the similar objective of providing affordable and safe access to decentralized services and value, the two projects collaborate to offer their services to a broader audience, boosting the likelihood of adoption and enhancing the use case for both projects’ tokens.
The cooperation between the two announced lately is an excellent development for the ecosystems. The two companies will work together to maintain the interoperability of their products, optimize protocols, and contribute to developing new products or new features to previous products.
We are pleased to announce that the ALF token will be listed on the Soldex decentralized exchange! Soldex will enable yield farming, allowing anybody to start earning money with their ALF tokens! It’s a perfect complement to our platform, increasing ALF’s liquidity.
With more liquidity, ALF has a more substantial opportunity to increase in value and be adopted by more applications.
On the other hand, Soldex is excited to announce that its native token, SOLX, will be available for staking in the upcoming Alfprotocol’s staking dApp, marking a significant milestone for the Soldex team and the entire Soldex user base. This partnership will incentivize users to participate in the staking dApp and enable them to receive a passive income, contributing to Soldex’s goal of making cryptocurrency more accessible to all.
Celebrating the Partnership with a Giveaway
We are launching a giveaway with our new partners to commemorate this collaboration!
🏆 (25) lucky winners will be randomly chosen to get 2500$ worth of $SOLX & $ALF tokens.
🔥HOW TO PARTICIPATE🔥
Step 1: Enter your email address to participate.
Step 2: Complete extra tasks to increase your chances of winning.
Giveaway link: https://gleam.io/R4C0c/alfprotocol-soldex-airdrop
More About Soldex
The next wave of flexible financial markets will be powered by the soldex.ai protocol, which serves as a foundation layer for settlement, market making, custody, and liquidity. A new generation of market makers will be able to differentiate themselves through the use of proprietary algorithms.
Users’ trading strategies will be able to be customized, and their desired risk exposure will be able to be adjusted, all while maintaining custody of their assets. Businesses such as OTC desks and market makers, in addition to exchanges, may streamline complicated settlement processes, which frequently require sluggish and error-prone manual operations without danger of losing their assets.
More About Alfprotocol
Alf is a capital deployment protocol that enables liquidity provision and yield farming, both with and without a margin of up to 200x. The protocol offers its own versions of an automated market maker protocol based on invariants for exchange operations and a money market for short-term loans.
The Solana ecosystem’s primary contribution is a technique for leveraging long-term holdings in AMM pools and yield farming methods. Alf increases capital efficiency and allows more liquid markets by connecting low-risk, low-effort investors who provide liquidity to lending procedures with risk-seeking, active management investors specializing in leveraged liquidity and yield farming positions.