- Reflex Finance has announced a gasless blockchain that will be
powered by 100% green energy and is set to launch within the
current year
- The project is a joint venture of multiple DeFi and Web3
companies joining forces to quickly achieve mass adoption for the
new blockchain
- Revenue from the blockchain will directly benefit holders of
Reflex V2 and partner tokens
ROAD TOWN, British Virgin Islands, Aug. 3, 2022
/PRNewswire/ -- Reflex Finance ($RFX) has announced a super-fast,
gasless, and eco-friendly blockchain named Neutronium, that is
scheduled to launch before the end of this year. The project is
built in partnership with Web3 developers FYB3R and DeFi projects
Meta BUSD and BitBurn.
The neutral name for the blockchain was agreed upon by all
parties to ease the path to mass adoption, encourage additional
projects to onboard the new chain, and advance the joint initiative
that is being promoted on social media under the hashtag
#UniteDefi.
Multiple partners have already announced first projects that
will be hosted on the Neutronium Chain, including an AAA P2E game
and Metaverse applications.
First blockchain to be powered
entirely by 100% green energy
Blockchain technology without a doubt has massive growth
potential, but most of it is still powered by fossil fuels,
creating several ecological issues in addition to the already high
cost of running the necessary infrastructure.
The custom-built Neutronium Chain will solve those problems for
the involved projects with a cloud infrastructure powered by 100%
green energy that provides both low-cost computing power and
low-cost data storage. This framework will enable projects to
securely develop economically and ecologically sustainable products
in the Decentralized Finance space, while feeding rewards and
revenue back into the Neutronium ecosystem and ultimately to the
holders of Reflex and their partners.
A blockchain built for
independence, sustainability, and speed
The robust infrastructure of the Neutronium Chain is not
restricted to a single location and does not require a connection
to the main power grid. Each server is part of an independent set
of nodes which together create node clusters that communicate
across the World.
The independent supply of green energy - in combination with
effective energy storage solutions and three layers of connectivity
back-up - guarantees 100% availability 24/7 and a new level of
flexibility for projects joining the chain.
In terms of transaction speed, Reflex Finance's development
partner FYB3R states that various cluster configurations are
currently being drag raced against each other, as well as against
other major blockchains, with other blockchains not even coming
close to the speed of Neutronium.
Reflex Finance at a
glance
Reflex Finance is a Web3 startup that launched in February 2022 on the Binance Smart Chain. Since
then, the team around Chairman Myles
Tweedy and CEO Ryan Arriaga,
former Global Head of Products at Safemoon, has developed and
launched multiple utilities including Reflex Launchpad, Reflex
Swap, and Reflex Pulse – a unique financial health tracker for
projects with tokenomics and multiple project wallets.
An NFT marketplace is set to launch within Q3 of 2022 with
another secret and unique high-volume utility announced to also go
live within 2022.
REFLEX V2, the native BSC token of Reflex Finance, is a hyper
deflationary reflection token and currently pays 8% BUSD rewards
from daily trading volume to its holders. In addition to the
regular rewards, Reflex holders also benefit in multiple forms from
the revenue generated from the various utilities and the announced
100% green blockchain.
Media Contact:
Jaren CCO
341863@email4pr.com
+1 936 443 1393
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SOURCE Reflex Finance