Veax and WALC Announce Partnership to Strengthen NEAR Protocol Ecosystem

VeaxLabs
2 min readNov 1, 2023

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Veax, a pioneering decentralized exchange (DEX) on the NEAR Protocol, and WALC, a blockchain company and incubator focused on fostering crypto project success, are thrilled to announce their strategic partnership. This collaboration aims to enhance the NEAR Protocol ecosystem by leveraging each other’s strengths, bringing innovation to the blockchain space, and increasing the value proposition for their communities.

Veax is known for its innovative DEX platform, which offers traders the ability to maximize their profits through features like single-sided liquidity provision, concentrated liquidity, and multiple fee levels. Veax’s mission is to simplify and streamline DeFi for its users, making it a go-to choice for NEAR Protocol enthusiasts.

WALC, on the other hand, is committed to supporting the growth and success of emerging crypto projects by providing them with funding, commercialization support, and access to a seasoned leadership team. Operating within the NEAR Protocol ecosystem, WALC unifies projects under its native $WALC token to encourage collaboration, stability, and growth. WALC’s initial incubated project, Real Time Payments (RTP), is poised to revolutionize the $6.6 trillion daily wholesale FX market with its banking infrastructure solution. RTP’s success will not only drive growth within the NEAR Protocol but also facilitate $WALC token buybacks without the need for external investment.

Under this exciting partnership, Veax and WALC will collaborate in the following ways:

  • Listing of $WALC Token on Veax: Veax will list the $WALC token on its platform, providing users with seamless access to the WALC ecosystem and its associated projects. This integration will allow Veax users to trade $WALC alongside other digital assets, further expanding the token’s reach.
  • WALC Providing Liquidity on Veax: To ensure liquidity and a smooth trading experience for $WALC token holders, WALC will actively provide liquidity on the Veax platform. This commitment to liquidity provision will foster a vibrant trading environment for the $WALC token.

Both Veax and WALC see this partnership as a remarkable opportunity to accelerate the growth of the NEAR Protocol ecosystem and foster innovation within the blockchain industry. By combining their expertise and resources, they aim to bring even more value to their respective communities and the broader crypto space.

About Veax:

Veax is a pioneering decentralized exchange (DEX) built on the NEAR Protocol, offering innovative features such as single-sided liquidity, concentrated liquidity, and multiple fee levels to maximize profits for traders. Veax’s mission is to simplify DeFi for its users and bring a new level of convenience to the NEAR ecosystem.

Website | Twitter | Discord

About WALC:

WALC is a blockchain company and incubator focused on increasing the success rate of emerging crypto projects. Operating within the NEAR Protocol ecosystem, WALC provides funding, commercialization support, and access to an experienced leadership team to drive collaboration, stability, and growth among its projects.

Website | Twitter | Instagram

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