APX Finance and Astherus reach a strategic merger, APX tokens will be mapped to new ASS tokens

12-05

This article is machine translated

Show original

According to ChainCatcher's message, APX Finance has released a tweet announcing a strategic merger with the multi-asset liquidity hub Astherus. The two parties will deeply integrate their teams, products, and business functions to drive innovations in on-chain yield aggregation, liquidity deployment, and perpetual contract trading.

Additionally, the existing $APX will be mapped to the new Astherus token $ASS, and the APX DAO will undergo concurrent restructuring and updates. The specific details will be announced in the next quarter, and the TGE (Token Generation Event) is expected to be launched in 2025.

Furthermore, according to the Web3 asset data platform RootData, APX Finance is a decentralized derivatives exchange that provides an order book and on-chain perpetual contracts. Users can enhance their trading experience with up to 1001x leverage, zero slippage, and competitive fees.

Sector:

Doggone Doggerel

Source

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

Add to Favorites

Comments

Relevant content

ABMedia

Trump claims China's military exercises around Taiwan have "continued for 20 years" and doesn't believe the situation has escalated! Market forecasts indicate the probability of an invasion is only 0.4%.

TechFlow

Using wallet tracking, he turned $50 into a millionaire at age 18.

ROCKY

5.22%

BlockTempo

Lighter's platform token, $LIT, has officially launched! The airdrop reached a staggering $675 million, with one Taiwanese high school student earning a whopping 6 million NT dollars in a single transaction.

LIT

5.34%