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AFX Launches Sovereign Layer 1 for Enhanced Decentralized Trading
AFX has officially launched its Sovereign Layer 1 Mainnet, aimed at optimizing decentralized derivatives trading. This new environment addresses the limitations posed by blockchain congestion, offering a solution tailored for high-demand trading. The platform supports a range of perpetual markets, including BTC, ETH, Gold, and Crude Oil, with leverage up to 40x.
Utilizing a custom-built execution layer with DAG-based consensus, AFX delivers significant improvements in transaction speed and capacity. The Zero Gas execution model eliminates network fee barriers, enhancing market participation. The launch also debuts the Pro-Trader Suite, featuring a margin engine with superior capital efficiency, and support for the FIX protocol.
AFX's model is community-driven without venture capital backing, promising an equitable revenue distribution among its users. The Mainnet is live, inviting traders to explore new possibilities in on-chain trading.
R. E.
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