PLEXUS has announced that it will launch its IDO which will run from October 24th to the 26th
PLEXUS has announced that it will launch its IDO which will run from October 24th to the 26th. PLEXUS operates on the Ethereum network and is a liquidity management platform where anyone can own and customize for their use. IDO will take place over a two-day period and users will be able to purchase PLX token at $0.06
What is PLEXUS?
PLEXUS is the first DEX to introduce Interswap which connects all existing dexs, aggregators and bridges to provide users the cheapest and fastest transaction across different blockchain networks. The PLEXUS team believes that it is crucial to maximize user experience for blockchain to achieve mass adoption. Users will be able to exchange assets without having to go through complex steps using Interswap.
Major features of Interswap
● Cross-chain trading
Interswap supports not only asset trading among different chains but trading between mainnet tokens from other heterogeneous chains, and ERC-20 tokens.
● User experience
Interswap connects all existing DEXs, Aggregators and Bridges and provides the cheapest and fastest transaction environment to users with the optimal routing
● No Interswap fee
Interswap does not charge feefor the optimal token exchange experience.
● Gas fee service
If the wallet does not have enough balance for the gas fee, it can be paid with PLX tokens.
Also, PLEXUS protocol issues POC(Proof of Contribution) SBTs that certify one’s contribution to the protocol.
PLEXUS is developing Interswap to become a truly decentralized DEX. PLEXUS will get rid of the hurdles of current blockchain applications and maximize user experience. Everyone will be able to exchange their assets fast, securely and inexpensively.
PLEXUS IDO will run from October 24th to the 26th and anyone will be able to buy PLX tokens at $0.06.
● Date: 2022.10.24 19:00 – 2022.10.26 18:59 (PST) for 48 Hours
● Hard Cap : $300,000, a wallet can buy up to $50,000.
● Soft Cap : $50,000, a wallet should buy more than $500 (If funded less than $50,000, all funds will be refunded)
● FDV: $30,000,000
● Tokens for Sale : 5,000,000 PLX
● % of Total Supply : 1%
● Token that can participate in IDO : USDT
● IDO sales lock-up: 1 month lock-up from the time of listing (after service launch), 3 months vesting
● Website : https://www.plexus.app/
● Docs : https://docs.plexus.app/
● Discord : https://discord.gg/Ctyd8au3CF/
● Twitter : https://twitter.com/plexus_fi/
● Medium : https://firstname.lastname@example.org/
Name: PLEXUS Manager, Aurorar
Company name: PLEXUS
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Times of Chennai journalist was involved in the writing and production of this article.