Soldex, a scalable and decentralized exchange government by the DeFi community, is thrilled to announce its strategic investment partnership with CSP DAO.
Notably, this partnership will help Soldex get additional funding that will help further grow its mission.
The official announcement reads on Twitter:
“We couldn’t be more thrilled to announce our partnership with one of the most prominent names in the crypto universe CSP DAO. By combining our strengths, we will take DeFi to the next level of evolution!”
Soldex was created to democratize and disrupt both traditional finance and decentralized Finance (DeFi). The exchange
Soldex.ai leverages the Solana ecosystem to provides its users with an open and inclusive financial system that features low gas fees and fast transaction times, making it affordable to everyone. Thanks to an infrastructure built on top of several smart contracts and blockchain oracles, the platform remains fully decentralized.
In addition, Solana’s technology boasts 65,000 transactions per second (TPS). This means that SOLX holders can exchange SOLX at speeds greater than 50,000 transactions per second. Notably, this is often for less than $0.00001 per transaction.
On the other hand, CSP DAO is a community-driven platform that combines the best element of DeFi with fundraising to provide blockchain. Since its inception, CSP DAO has made over 200 plus investments in the blockchain space. Before investing in any project, CSP DAO conducts intensive research to identify the project’s potential within the blockchain space.
CSP DAO explains on their website:
“We are community-driven and offer fair contribution rights to all investors. Our model gives equally shared allocation to NEBO token holders. We’ve tackled the gas war issue, and it is now easy to invest in top projects with a capped allocation based on the number of NEBO tokens held.”
This partnership will reportedly expose SOLX, Soldex’s native token, to CSP DAO’s extensive network, which will help increase its adoption. The are many exciting development plans for the Soldex community in the coming days, including the full launch of the Soldex AI protocol, shadow AI trading, and listing on major exchanges.