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Elluminex Launches Comprehensive DeFi Platform on TON Network

By Burstable Editorial Team

TL;DR

Investors can benefit from World Liberty Financial's addition of multiple altcoins, including Ethereum and AAVE, to its treasury.

Elluminex is creating a DeFi hub on the TON blockchain to enhance DeFi services with high transaction speeds and scalability.

Elluminex aims to improve the DeFi sector by offering all essential DeFi functionalities under one platform and providing advanced features for traders.

Ethereum's price drop below the 100-day SMA and AAVE's range-bound price action offer interesting insights into the changing crypto landscape.

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Elluminex Launches Comprehensive DeFi Platform on TON Network

The launch of Elluminex, a new decentralized finance (DeFi) platform on the TON network, marks a significant step forward in the blockchain and cryptocurrency sectors. With the TON network's vast user base and transaction volume, Elluminex is positioned to tap into this potential, offering a comprehensive ecosystem that addresses several key challenges in the DeFi space. The platform integrates trading, staking, farming, bridging, and portfolio tracking into a single, user-friendly interface, making it accessible to both seasoned traders and newcomers.

At the heart of Elluminex's offering is its decentralized exchange (DEX), which allows users to trade assets directly from their TON wallets and facilitates cross-chain asset transfers. This feature, combined with advanced functionalities such as limit orders and liquidity pool trading, sets Elluminex apart from other platforms. Notably, the platform's AI-powered portfolio tracker provides real-time data and on-chain analytics, enhancing the trading experience by offering insights that were previously difficult to access for the average user.

The introduction of Elluminex's native token, ELX, through a presale offers early investors an opportunity to participate in the platform's growth from the outset. With prices starting at $0.06 and expected to rise to $0.08 in the second stage, the presale presents a potential 33% return on investment for early participants. This comes at a time when the cryptocurrency market is experiencing volatility, with major players like Ethereum and AAVE facing uncertain price movements. Elluminex's focus on the TON network, which currently has limited DeFi options, could fill a significant gap in the market.

By aiming to replicate the success of platforms like Uniswap on Ethereum and PancakeSwap on Binance Chain, Elluminex is not just another DeFi platform but a potential game-changer in the space. Its comprehensive approach to decentralized finance, combined with the untapped potential of the TON network, positions Elluminex as a project to watch in the evolving crypto landscape. For more information on the TON network, visit https://ton.org.

Curated from News Direct

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Burstable Editorial Team

Burstable Editorial Team

@burstable

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