[XPLA Telescope #8] Dexlab as an Initial Validator
XPLA is a tendermint-based, gaming and entertainment specialized layer1 mainnet. Today, we would like to introduce you to Dexlab as an initial validator in XPLA’s Ecosystem.
XPLA is pleased to announce that Dexlab🧬, a skilled building team with extensive development experience in the Solana ecosystem, has joined us as one of our Initial Validators* for what will undoubtedly be a long and solid partnership!
*Initial Validators are among the first active validators for XPLA since its operation.
Dexlab joins XPLA’s ecosystem as an Initial Validator!
Dexlab, Asian-based DEX in Solana blockchain, joins the XPLA ecosystem.
In DEX (Decentralized Exchange), transactions take place directly between users, and users themselves maintain the order book. It implies that users are more directly in charge of their digital assets and do not require a CEX(Centralized Exchange) to step in. DEX provides users with a secure, private, and decentralized way to trade their digital assets.
They operate as an Initial Validator, and we will collaborate to provide Pilots with a range of DeFi and DEX experiences to our pilots.
In DEX (Decentralized Exchange), transactions take place directly between users, and users themselves maintain the order book. It implies that users are more directly in charge of their digital assets and do not require a CEX(Centralized Exchange) to step in. DEX provides users with a secure, private, and decentralized way to trade their digital assets.
We anticipate BUIDLing a better Web3 world with the Dexlab Team! Prepare yourself for what we will create with them!🌌
About Dexlab🧬
Dexlab, the Solana-based DEX was founded on January 2021. Dexlab has developed the business on a Solana network with the aspiration of being the best DEX trading exchange via a Serum-based order book trading system.
Dexlab makes launching on Solana easy with a token ‘Mintinglab’, a launchpad, and a dedicated DEX for all listings. Dexlab is an integrated DEX platform that provides the service ‘Mintinglab,’ a GUI to issue Solana-based tokens without needing to code. It leverages the Serum Decentralized Exchange’s central order book to support ultra-fast transactions, shared liquidity, and new features for monetization.
The following features will help with understanding:
- Trading interface: Traders can use TradingView charts, set limit orders, and more, and have full control of their trading.
- Anyone can list on Dexlab’s “Extra Markets” section. Dexlab’s platform allows projects and users to list tokens.
- Supports token issuance and management through token minting GUI (Mintinglab).
- Dexlab provides an IDO platform for projects to have a chance to raise funds and distribute tokens.
- Provides a scalable API for system trading.
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We are extremely pleased to have Dexlab as our initial validator. It will be much simpler for Pilots to enjoy Web3 life thanks to their outstanding services to give users a better DeFi. Our collaboration will help the DeFi ecosystem in Web3 grow and prosper!
**This publication is not intended to be financial advice! Prior to entering into staking, you should carefully consider your financial situation and consult your financial advisor(s) in order to understand the risks involved and ensure the suitability for you of such a transaction. For the avoidance of doubt, much of the information in this post is gathered from publicly available sources, and it does not represent the official opinion of XPLA. We encourage readers to do their own research.
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