The initial launch of WagyuSwap is much anticipated by DeFi enthusiasts and users who invested in the project’s Initial DEX Offering. As that IDo sold out very quickly, it quickly became apparent there was an overwhelming interest in what this new decentralized exchange aims to provide. More importantly, WagyuSwap is the first DEX on the Velas blockchain, which benefits from speedy transactions – up to 75,000 TPS – at nearly no cost. As a result, it is a far more efficient solution than Uniswap, PancakeSwap, JustSwap, or any other solution on the market today.
Contrary to what may seem accurate, WagyuSwap is not just a decentralized exchange built on a blockchain serving as a Solana fork with full EVM compatibility. It is also a technically superior platform that elts suers bridge tokens across multiple ecosystems at unprecedented speeds and for a fractional cost. The first-mover advantage of the WagyuSwap team creates a competitive edge that other market participants will struggle to catch up to.
Additionally, users can benefit from very high staking and farming yields, making the DeFi industry a lot more appealing in the process. Earning a passive income stream with crypto assets has never been easier than through WagyuSwap, as the project provides rates much higher than any competitor.  Other features to explore include random lotteries with crazy prices, introducing another incentive for users to keep providing liquidity and perform cross-chain swaps through this platform.
$WAG Price Explodes For The First Time
By packing all of this technology and these features into one appealing package, it is not entirely surprising to see WagyuSwap’s $WAG skyrocket shortly after launch. The 86x price increase has provided a tremendous return on investment for all IDO participants who acquired the token at $0.01.

Shinichi Mochizuki

The partnership between the space industry and blockchain is mutually beneficial. Conducting transactions via SpaceChain’s decentralized satellite infrastructure (DSI) will provide ultra-security and decentralization to distributed ledger technologies such as the Velas Network. Thus, the blockchain infrastructure is protected against any physical intrusion and regulatory restrictions. 
“The new epoch in the development of blockchain technology is right upon us. Humanity needed thousands of years of evolution to reach low Earth orbit. It took about ten years for blockchain to have the first transaction conducted on the low Earth orbit since the moment when the first bytes were transmitted via Bitcoin Network. This blockchain space saga opens up new horizons for both the technology and its users.” – said Farkhad Shagulyamov, Co-Founder and CEO at Velas.
The upcoming collaboration between Velas and SpaceChain is destined for success. SpaceChain will benefit from one of the fastest blockchain technologies ever (with 75,000+ transactions per second). Moreover, Velas will provide SpaceChain with the opportunity to create various cost-effective dApps that will contribute to further space exploration.
“We are excited to be part of such significant leaps in the industry. Velas is currently the third blockchain to engage in this space race and we’re happy to work with such a unique partner as SpaceChain.” – stated Dragos Dumitrascu, Head of Global Partnerships at Velas.

$VLX $WAG $SWAPZ

https://crypto.news/velas-joins-the-space-race-by-partnering-with-spacechain/

#spacerace #blockchain

Velas Meetup in China Yesterday had 750 people all fired up and excited about our blockchain. Going to 4 more cities across, I'm very excited to get such an amazing turnout and Chinese community support ! #itsgoodtobeback #velas

Another thing about $VLX is the market cap is about the same as the fully diluted market cap and I think that’s worth something in the long run