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    Home»CoinDesk Indices»Apex Fusion Launches AP3X Token and PRIME Chain
    CoinDesk Indices

    Apex Fusion Launches AP3X Token and PRIME Chain

    Token FlashBy Token FlashFebruary 20, 2025No Comments3 Mins Read
    • Additionally, Apex Fusion has stated that their AP3X token will be listed on LBANK on February 20, 2025.
    • The chain is now being secured by more than 130 stake pool operators (SPOs), offering strong security and decentralization.

    The Apex Fusion Foundation is pleased to announce that the Apex Fusion blockchain ecosystem and its native token, AP3X, have officially launched. The project is establishing a strong staking and network security model with its first chain, PRIME, already live. This lays the groundwork for a multi-chain architecture that combines the programmability of Ethereum (EVM) with the security model of Bitcoin (UTxO). With this launch, a path to build a scalable, reputation-driven, and frictionless blockchain network that facilitates real-world adoption is launched.

    With the introduction of a decentralized staking model to underpin future ecosystem activity, PRIME lays the groundwork for Apex Fusion. The chain is now being secured by more than 130 stake pool operators (SPOs), offering strong security and decentralization. Holders of AP3X tokens may take part in liquid native staking to improve network security and win annual rewards.

    Additionally, Apex Fusion has stated that their AP3X token will be listed on LBANK on February 20, 2025. Early adopters will be able to stake and get an initial dividend of around 10% each year.

    The Apex Fusion roadmap also calls for the introduction of VECTOR, a UTXO-based Layer 2 for quick and economical transactions, and NEXUS, an EVM-compatible Layer 2 for smart contract execution. Assets and liquidity may flow freely across networks thanks to the impending Reactor Bridge, which will facilitate smooth cross-chain transactions.

    Apex Fusion’s long-term goals are centered on governance and regulatory compliance. The growth of the ecosystem is supervised by the Apex Fusion Foundation, a Swiss-registered organization that guarantees open governance and compliance with regulatory requirements. The designation of AP3X as a utility token offers players, particularly PRIME Chain stakers, legal clarity.

    Apex Fusion is getting ready to implement important infrastructure that will improve its multi-chain ecosystem. The Reactor Bridge will make it possible for Ethereum’s smart contract features and Bitcoin’s UTXO mechanism to work together seamlessly. VECTOR will offer a high-speed execution layer designed for quick settlements, while NEXUS, the EVM-compatible Layer 2, will introduce DeFi apps and smart contracts to the network. Apex Fusion will also implement a onchain reputation system that will reward contributions that are verifiable and bolster trust.

    Apex Fusion’s objective of integrating blockchain ecosystems and facilitating the coexistence of web3 networks is furthered by the introduction of the AP3X token and PRIME Chain. This will lower the barriers to developing and implementing decentralized applications and hasten the development of potent omnichain dapps.

    Using state-of-the-art technology, Apex Fusion interconnects isolated UTXO and account-based networks to enable seamless asset transfer, development, and expansion across various yet compatible protocols, therefore unleashing the full potential of blockchain. The PRIME Chain, which is the foundation of Apex Fusion’s ecosystem, is run by a decentralized network of validators using the Ouroboros proof-of-stake consensus protocol, which is known for becoming increasingly secure as it scales.

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