HANOVER, Pa., August 7, 2021 (Newswire.com) - Today Zel Technologies GMBH announced that Flux, a proof-of-work cryptocurrency and decentralized cloud computing network, is launching the Fusion app which opens up Flux to Defi integration with ten blockchains. By using Fusion Flux holders can now seamlessly swap Flux between the native Flux blockchain and Flux parallel assets on the Ethereum, Binance Smart chain, and Kadena blockchains - with seven more blockchains to follow.
The Fusion app is part of the Zelcore self-custodial crypto platform that supports thousands of different crypto assets. When combining Flux and Zelcore, traders now have access to a powerful platform for holding their assets and interacting with major decentralized cryptocurrency exchanges. The ecosystem is now positioned to become the premier alternative to centralized cryptocurrency exchanges, empowering the end-users by ensuring that it's always 'their keys, their crypto'.
With Fusion and the Zelcore, it is now possible to:
- Do 1:1 swaps between native Flux and Flux parallel assets on Ethereum, Binance Smart Chain and Kadena blockchains with 7 additional blockchains to be added including Solana and Tron.
- Hold thousands of different assets in Zelcore self-custodial platform - 'your keys, your crypto'.
- Easily interact with major decentralized exchanges such as Uniswap and PancakeSwap through the robust WalletConnect integration.
- Purchase crypto with FIAT currency or do crypto quick swaps directly in the Zelcore platform.
"Flux and Fusion are all about empowering the end-users by providing decentralized alternatives to relying on corporate entities and large centralized exchanges. Fusion provides Flux holders with ease of access to Defi at large enabling them to make the most of their investments. The Flux approach to Defi is a game-changer because it breaks down the barriers between different blockchains by making everything accessible through Fusion swaps. This, combined with all the opportunities that our official Zelcore platform already offers, is a very powerful and complete crypto trading platform where the user can operate without having to rely on centralized exchanges," comments Flux Co-Founder Dan Keller. He adds; "While the launch of Fusion is a major milestone for us, we have many other developments on the way. Our decentralized computational network is still seeing rapid growth and we're working hard to build a proper decentralized alternative in the cloud computing space."
The Flux Ecosystem is a suite of decentralized layer two computing services and blockchain-as-a-service solutions which offer interoperable, decentralized, AWS-like development environments. Flux node operators can choose from three tiers of hardware requirements to stand up after providing the necessary Flux capital, which is then soft-locked in their platform. This allows anyone to be rewarded for providing hardware to the network, from anywhere in the world.
Source: Zel Technologies GMBH