GoldenPyrex Ushers in the Next Era in DeFi with a Robust Ecosystem
Bitcoin Press Release: Golden Pyrex (GPYX) announce details of their DeFi platform enabling yield farming, gaming, and NFTs.
17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test. Indeed, innovative use cases like governance, yield farming, and non-fungible tokens (NFTs) will play an essential role in the future’s economy, but not all of them will survive.
GoldenPyrex Is Building a Sustainable and Independent Token Ecosystem
A key reason behind failing projects is their improper liquidity assurance. Tokens require liquidity to strive, and this is normally generated via third-party trading. However, a key principle of the crypto market is to reduce friction caused by intermediaries, thereby increasing simplicity.
With these aspects in mind, GoldenPyrex’s ecosystem was built to facilitate convergent GPYX token circulation. As a gaming and entertainment platform, the project integrates GDEX, G-SWAP, and GameHouse within a closed-loop ecosystem that eliminates unnecessary intermediaries, while facilitating access to quality services.
GoldenPyrex holds a significant value proposition. Its core purpose is to provide users with next-gen DeFi solutions that power yield farming, gaming, and NFTs. To put this into perspective, the project is currently rolling out a series of unique NFTs designed to facilitate the acquisition and customization of rare collectibles. Such NFTs are extremely hyped nowadays, as the market advances and collectible-centered economies are sprouting up everywhere.
The GoldenPyrex ecosystem will feature its very own marketplace, where users can essentially transact the GYPX utility token in exchange for a myriad of neat collectibles. Thanks to these stores, the token’s market liquidity will further increase.
Highlighting the Use Cases Associated with the GoldenPyrex Token
To capture a larger portion of the total available market (TAT), the GoldenPyrex ecosystem is investing considerable resources into building a massive use case catalog. As such, some of GPYX’s use cases include, but are not limited to yield pool farming, paying GameHouse commissions, purchasing GameHouse tournament/VIP club tickets, staking, community governance voting, and much more.
It’s imperative to point out that with GoldenPyrex, DeFi enthusiasts worldwide can essentially earn via a high-utility token. This is better explained through a press statement made by Ilyas Sadvasakov, the founder of GPYX:
“GoldenPyrex is making it easier and realizable for DeFi enthusiasts to merge multiutility with the ability to earn in a secured manner. With rewards already set for our loyal followers to earn from farming yield on supported pools, we are confident we are unlocking a new evolution in the convergence between the several components of modern DeFi such as Yield Farming, NFTs, and the ability for the GPYX token holders to also explore the world of Games within the Gamehouse platform”
The Golden Pyrex ecosystem wouldn’t have been possible without support from the Kazakhstan Government, as highlighted by Ilyas:
“We are indebted to Kazakhstan Government and Astana International Financial Centre both of which have been taking smart steps to support entrepreneurs in the blockchain and decentralized finance area. It’s quite evident in the enabling environment they have provided to Bitcoin miners. Kazakhstan ranks number 4 in terms of Bitcoin mining contributing largely to Bitcoin network’s hash rate.”
GPYX – Service Overview
The GoldenPyrex ecosystem encourages the use of GPYX tokens amongst its three main services – yield farming, gaming, and the upcoming exchange. Within the yield farming interface, users can earn GPYX tokens in exchange for staking Uniswap LP tokens. The gaming interface now supports GPYX-based poker, which is an excellent means of earning additional tokens.
An innovative PoolPicker game will be launched in the near future. Lastly, the upcoming exchange will allow users to swap GPYX tokens in exchange for other popular assets. The exchange will also come along with a pool, governance, and bridge features, as part of GoldenPyrex’s all-inclusive system philosophy. GoldenPyrex is poised to continue enhancing its service catalog, creating lucrative use case scenarios of the GPYX token.
Project Roadmap
The 4th quarter of 2020 saw the official release of the DeFi platform, followed by the UniSwap liquidity pools launch, and the introduction of GameHouse. GoldenPyrex is actively working on updating its interface and introduction new features. With this being said, during the 1st quarter of 2021, the GPYX token will be listed on the top 30 exchanges featured on CoinMarketCap.
Furthermore, the GameHouse and Yield Farming will see new features and improvements following a scheduled update. During the 2nd quarter of 2021, GoldenPyrex will release GameHouse on mobile devices and launch GoldenBay, as well as the staking contract.
Obtaining GPYX
GoldenPyrex has built a liquidity farming system to govern the minting of GPYX tokens. However, users who are not keen on farming can always purchase GPYX through secure partner exchanges like UniSwap, Coinsbit, and STEX. In fact, Coinsbit has recently listed GPYX and supports trading against BTC, ETH, and USDT.
To find out more about the future of DeFi, visit the GPYX website today or the GPYX Uniswap.
Keep up with GPYX by following on Twitter
Join the GPYX Discord Server
Media Contact Details
Contact Name: Bitcoin PR Buzz Press Team
Contact Email: press@bitcoinprbuzz.com
GoldenPyrex is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.
About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.
Recommended News
-
The 2024 Scarlet Ball Rise S-RISING AI Game Public Chain News Conference is about to be grandly held
With the rapid development of Web3 technology, the blockchain field is sweeping the world at an unprecedented speed. In this wave of change, the highly anticipated blockchain event – the 2024 Scarlet Globe Rising S-RISING AI Game Public Chain Press Conference – will be held grandly in Bangkok, Thailand on April 9, 2024. This milestone event not only marks the debut of the S-RISING AI series in Asia, but also marks the rise of the Scarlet Ball. Meanwhile, S-Rising will soon announce its second phase investment institution partners and select…
-
DDDS is a DAO organization focusing on social e-commerce
The new crown pneumonia epidemic is spreading globally and the global economy has been shaken. The International Monetary Fund predicts that the global economy will decline by 4% in 2022, and income will evaporate by about 3.4 trillion US dollars. This is the worst economic recession since the Great Depression in the 1930s. Under the blockade restrictions, social distancing and other measures adopted by various countries in response to the epidemic, e-commerce companies have grown against the trend; in 2021, global online retail sales will reach 3.563 trillion US…
-
Will islandswap lead the future of blockchain games on OEC?
With the rise of the metaverse concept, GameFi has become the most popular topic in the crypto circle. With more and more players and a continuous influx of capital, each token in blockchain games is also rising and constantly breaking the highest record. A large number of mainstream public chains, including OEC and Solana, have emerged in the market, providing more choices and a better environment for blockchain games. At present, several good GameFi&metaverse blockchain games have been planned to be on OEC, from Crypto Gladiator to Celestial, and then to Blade Warrior, OEC has become the…
-
DoubleAce Token Presale Is Now Open To The Public
Double Ace is a Fintech company that utilises the power of blockchain, AI, and Big Data to provide instant online financial services to individuals. The service DAA provides encompasses consumer finance, personal credit, small and micro loan, and crypto loan, etc. Double Ace allows users to deposit cryptocurrencies to receive interest much like that of bank deposits, but with a way higher interest rate. The platform will be ready for use by end Jan 2021. Until then, Double Ace is in the process of issuing its utility token, called DAA….
-
Throwing millions of dollars in airdrops, DEFI rookie BlackHoleDAO gave much more than its predecessors Uniswap!
We all know that miracles are not lacking in the entire cryptocurrency market. The returns of dozens and hundreds of times are often staged around us. We are always impressed by the luck and investment ability of these friends. In addition, there is a group of friends that we envy even more, relying on their diligent and skillful investment ability, they have quietly added various valuable crypto assets to their wallets. From Uniswap in 2020, 1inch, to dydx, ENS in 2021, etc., these projects have made many people rich passively….
-
We’re Already in the Future, Satoshi AI Reveals the First AI for DeFi
Driven by the growing availability of large amounts of data and advances in computing power, decentralized finance (DeFi) is here to witness a massive power-up following significant breakthroughs in AI research by Satoshi AI. Taken the world by storm for several days, billboards that depicted a mysterious AI have brought up excited onlookers’ curiosity over an AI claimed to elevate above extraordinary and ascend to perfection. Massive enquiries popped up in cyberspace as the netizens spotted these billboards in major cities, including New York, Reading, Rome, and…
-
Coinbetter: The UST death spiral is approaching, where is the future of algorithmic stablecoins?
On May 10, Bitcoin accelerated its downward trend, falling below $30,000 at one point, and the lowest dropped to $29,767, a new low since July 19, 2021. As of writing, the price has rebounded, and the current price is $31,486.43. In addition to the market, the algorithmic stable currency UST has won the attention of the market. On May 10, UST was seriously de-anchored and once fell to 0.6090 USDT; according to the Coinbetter data, it is now reported at 0.7968 USDT, with a 24H decline of 12.2%….
-
Steve Jobs’ Daughter Claims He Told Her She ‘Smelled Like A Toilet’ While On His Death Bed — But She Clarifies He Was Being Honest: ‘I Really Did’
In “Small Fry,” a memoir by Lisa Brennan-Jobs, the estranged daughter of Steve Jobs, readers are offered a profound insight into her complicated relationship with the iconic Apple co-founder. Known for his unfiltered approach to communication, Jobs never hesitated to express his opinions, no matter how sharp or direct. Published excerpts in Vanity Fair in 2018 drew considerable attention, revealing the depth of their strained interactions and emotional distance. Lisa made it a point to visit her father every other month during the last year of his life as he battled pancreatic…
-
Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund.
The firm acted shortly after the U.S. Securities and Exchange Commission (SEC) sued the token’s alleged creator, Ripple Labs Inc., for conducting an unregistered and ongoing securities offering. “Prior to the sale of the asset on December 22, 2020, XRP (-20.72%) was approximately 3.8% of the Fund,” the firm wrote. “The Fund liquidated its position and reinvested the proceeds in other portfolio assets.” Subscribe to First Mover, our daily newsletter about markets. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. The Bitwise 10 Crypto Index Fund…
-
KING LONG YAO: A Revolutionary Leap in Blockchain Gaming
KING LONG YAO stands at the forefront of the blockchain gaming revolution. As an innovative game that merges traditional gaming dynamics with the latest in blockchain technology, it has rapidly carved out a niche in the global gaming landscape. This paper delves into the current state of KING LONG YAO, exploring its global user base, community engagement, and ongoing technological evolution, while also looking ahead to future developments including global gaming summits and community expansion initiatives.Current State of KING LONG YAO Global Reach and User BaseKING LONG YAO has successfully…