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Pond Ecosystem to Launch Layer 2 Blockchain, Magma, Leading the Crypto 2.0 Revolution to Empower People.
The Pond Token
Los Angeles, CA, April 03, 2024 (GLOBE NEWSWIRE) — Bitcoin and cryptocurrencies were originally created to empower people, but over the years, as their popularity grew and financial opportunities became mainstream, venture capitalists began to take control of the space and opportunity by extracting value from holders. The Pond ecosystem was created by controversial crypto personality Jeremy Cahen aka @Pauly0x to restore power and value to their holders.@Pond0x is a decentralized platform offering basic DEX functions. You can swap any ERC-20 token and bridge assets to/from other chains. What sets Pond0x apart from other DEXs is the many benefits the platform offers to users. Users can benefit from regular rewards, free claims, and DeFi yield farming mechanisms in “easy mode” via the platform token $PNDC,” explains @Kenobi in his article on Twitter PONDX PLAYERS GUIDEIn its first 200 days, Pondex achieved over $679 million in volume and returned $28,560,000 in claimed rewards to its users.
$PORK was created as part of the Pond ecosystem by a group of Pepe community members after the Pepe team stole over $15 million in community funds and they still held over 15 trillion tokens as an option to launch a real community project. Kenobi describes the details in his post PORK, PEPE’S FORK. Not only did the Pepe team steal community funds, they never received permission or compensated Pepe creator Matt Furie for using his property. Pauly0x raised and donated $2 million to the Pond community, details of which are outlined in this article on Binance, Matt Furie Receives Second Million Dollar $Pork Donation From Pond0x Community – Crypto 2.0.
The ecosystem will also feature its MAGMA layer 2 blockchain which was designed to solve many of the current issues faced in today’s crypto environment. One of the big benefits for holders is that L2 will have much lower fees than Ethereum, where on high volume days, transaction fees are often higher than actual transactions, crippling for small investors. Crypto Dominium explains: “Designed as a multi-chain liquidity network, Magma provides developers, node operators, and users with a permissionless path to customize and launch liquidity-driven, economically secure applications.” In Binance’s post $PORK: Transforming MEME Coin Dynamics with Market Makers and Level 1 Trading. Magma Chain Next
What is Crypto 2.0? “The answer is simple,” Pauly0x explains, “A new paradigm in the industry, one where real innovation and execution are paramount. And most importantly, one where users are the primary beneficiaries of ALL products. In Crypto 2.0, we, the users, are the KING.”
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Disclaimer
The information provided in this press release is not a solicitation for investment and does not constitute investment advice, financial advice or trading advice. You are strongly advised to conduct your own due diligence, including consulting a professional financial advisor, before investing or trading in cryptocurrencies and securities.
Accuracy of information
All information provided is subject to change at any time due to market conditions or source retractions, including editorial changes.
For more information:
Website: www.Pond0x.com
Pierre Joseph
Pond Coin
info@pond0x.com
CONTACT: Peter Joseph Pond Coin info at pond0x.com
