Solaxy (SOLX) — The First Layer 2 on Solana

What is Solaxy?

Solaxy is Solana’s first Layer 2 scaling solution that enables fast, low-cost transactions and offers users the ability to create and launch their own tokens easily. It combines advanced DeFi protocols with a robust staking system designed to reward early supporters and long-term holders.

Key Features

Layer 2 Scaling on Solana: Increased scalability with minimal transaction fees.
Igniter Protocol: Allows SOLX holders to create and deploy their own tokens seamlessly.
Staking Rewards: 25% of total tokens allocated to staking rewards distributed over 3 years.
Treasury and Marketing Funds: Supports continuous project growth and market outreach.
Solana-Solaxy Bridge: Enables fast and secure asset transfers between chains.

Tokenomics and SOLX Distribution

Total token supply: 138,046,000,000 SOLX distributed as follows:

20% Treasury – Reserved funds for project development and sustainability
15% Marketing – Used to promote Solaxy and increase adoption
25% Rewards – Allocated to staking rewards for community incentivization
10% Listings – Dedicated to listing SOLX on exchanges
30% Development – Funds dedicated to ongoing ecosystem expansion

Staking and Rewards

By participating in Solaxy’s staking program, holders can earn SOLX rewards gradually over 3 years. Rewards are distributed at a rate of 4,377.4 SOLX per Ethereum block. Staking rewards can be claimed periodically, allowing investors to optimize their returns over time.

Igniter Protocol – Launch Your Own Token

Solaxy’s Igniter Protocol is a groundbreaking feature enabling SOLX holders to create and launch their own tokens directly on the platform. This opens new opportunities for entrepreneurs and developers to build projects within the Solana ecosystem.

Roadmap and Future Outlook

With solid funding from a successful presale and a clear roadmap, Solaxy plans to secure listings on major exchanges, expand its platform features, and cement its position as the leading Layer 2 solution on Solana.

How to Start Investing in SOLX

Create a Solana-compatible wallet (e.g., Phantom or Solflare).
Participate in the presale or buy SOLX on listed exchanges.
Stake your tokens to earn rewards over time.
Stay updated with official announcements for the Igniter Protocol launch and other developments.

Frequently Asked Questions (FAQ)

How long is the staking period?
Rewards are distributed gradually over a 3-year period.

Is there a deadline to claim staking rewards?
Currently, no official deadline has been announced, but it’s advisable to claim rewards regularly to maximize benefits.

Useful Links and Contacts

Official website: https://solaxy.io