Lynex (LYNX)

Linea’s native on-chain liquidity marketplace. Powered by cutting-edge DEX infrastructure, we offer a highly capital-efficient DeFi solution.

Whitepaper

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Interest lvl

NA

Updated: Jan 21, 2024

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User Rating

High

3.5/5 • 2 votes

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Ticker

LYNX, veLYNX

Type

Utility-token

Token standard

ERC-20

Registration year2023

Launchpads

Decubate

What is Lynex

Lynex is a decentralized exchange (DEX) and liquidity marketplace on the Linea blockchain that allows users and DAOs to perform various actions within the protocols ecosystem. These actions include:

• Swapping tokens
• Receiving voter bribes
• Earning the $LYNX as a liquidity provider
• Voting to direct emissions and earn trading revenue

Lynex embodies the native liquidity layer specifically tailored for the Linea blockchain. Our vision revolves around value creation, unlocking opportunities for novel protocols to overcome the challenges of cold start liquidity. Additionally, we offer established projects a sustainable solution to optimize liquidity incentives. As a public good, Lynex is collectively owned by protocols and users, fostering a spirit of collaboration to solidify its position as the foremost AMM. In a decentralized and open-source ecosystem, unity is essential not only to outpace rivals but also to establish your product's status as an industry leader.

Lynex serves as a potent catalyst for growth by interconnecting innovative solutions, propelling users to unleash the full potential of DeFi on Linea. Our unwavering commitment to decentralization, transparency, and community-driven innovation is evident as we continuously build and refine our ecosystem. Lynex creates a robust and dynamic DeFi landscape on Linea, paving the way for a brighter future of financial empowerment and inclusion. Together, we are shaping a new era, ensuring prosperity for all.