📈 Introduction to Pegasys Protocol: A Syscoin Community AMM

Discover the benefits of swapping, staking, and farming on Pegasys, a community-built DEX native to the Syscoin Network.

Trade BTC, ETH, AVAX and other top cryptocurrencies with up to 30x leverage directly from your wallet (& save on fees using our link HERE)

START HERE

DeFi Slate Fam:

Welcome to a week of chop. These market conditions are a breath of fresh air after several weeks of dumpage but opportunities are still few and far between. The key so far has been patience during the triage of bearish narratives. Survive, and let opportunity uncover itself.

In this video, we shed light on an under-the-radar EVM compatible chain. Syscoin Network combines Bitcoin’s security model and Ethereum’s interoperability to deliver a seamless experience for Web3 natives and newcomers. At the core of Syscoin is the Pegasys Protocol which creates the economic landscape for financial applications on Syscoin.

Pegasys has fast and cheap trades, high-quality development, and a realistic, fair, market-compatible token distribution – although the use is very similar to other DEXes like Uniswap, Pegasys aims to bring something new and fresh to the community. “An AMM built for Syscoin, by the community for the community.”

Enjoy!

-Rob

🙌 Together with:

Degate, a Decentralized Layer 2 Exchange based on zk rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 – L2 Bridge, testnet is operating now. Try it HERE!


 

🔥 Partner Project Updates

AthleteX brings fantasy sports on-chain. Cross-chain, Cross-sport athlete performance tokens are now available on the #1 venue for prediction markets, SX Network. Start Winning today on AthleteX

 


 

One of Ethereum’s Leading L2s Boba Network closed a massive Series A funding deal to increase their team & grow their ecosystem with hackathons and more, click the image to learn more about how to get involved!


 
⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.


 

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