LogX Integrates with Kroma Network: Empowering Web3 Trading!
LogX has integrated Kroma Network to bring best trading experience for Kroma users
LogX is excited to announce its integration with Kroma Network, a milestone set to propel the realm of cutting-edge blockchain solutions forward! This collaboration promises to reshape the trading landscape by merging advanced technologies and fostering a seamless trading experience for users.
Kroma Network, known for its enterprise-grade, use-case agnostic blockchain, offers unmatched features including low gas fees, rapid transaction speeds, and robust security. These features make it an ideal fit for LogX's mission of enhancing the trading experience.
Whether you're interested in gaming, social platforms, or Web3 payment-focused products, Kroma Network is designed to power various applications and facilitate seamless crypto transactions. The partnership between Kroma Network and LogX positions LogX as a significant player in the Web3 ecosystem.
Why Kroma Network?
Kroma emerges as an optimal choice for scalable Ethereum solutions while maintaining Ethereum Virtual Machine (EVM) compatibility. With its unique approach combining Optimistic Rollups and Zero-Knowledge Rollups, Kroma ensures approximately 80% cheaper transaction processing, enhancing efficiency and throughput.
Key features include:
Lower Transaction Costs: Enjoy reduced fees compared to Ethereum, making trading more cost-effective.
Native Ethereum Security: Maintain Ethereum's security standards while trading on Kroma, ensuring a secure environment.
Ethereum Compatibility: Seamlessly port existing LogX standards without compatibility issues, reducing time to market.
Higher Throughput: Kroma's ZK Rollup implementation significantly enhances transaction throughput and liquidity.
Smooth Trading Experience: LogX's integration with Kroma ensures a seamless and secure trading environment aligned with Ethereum's standards.
Collaborative Ecosystem: Engage with Kroma's community through rewards and grants programs, enhancing the overall trading experience.
How LogX Enhances Trading on Kroma:
Enhanced Liquidity: LogX's liquidity aggregation ensures robust liquidity, providing the best rates for trades on Kroma.
Cross-chain Routing: Trade perps on multiple blockchains from a single platform, ensuring flexibility and accessibility.
Enhanced Trading Features: Benefit from LogX's smart-order splitting and low trading costs, saving time and money.
Security Measures: LogX prioritizes user protection through rigorous security measures, fostering trust and confidence.
Get Started with Kroma on LogX:
Head to LogX, connect your wallet, and seamlessly switch to Kroma Network. Bridge funds using LogX’s and start trading perps at competitive rates. Participate in the LogX Airdrop Rewards Program and contribute liquidity to Kroma through the Earn tab for upto ~25% APR.
About Kroma:
Kroma is engineered to deliver rapid and cost-effective transactions without compromising the security and decentralization inherent in the Ethereum blockchain. Employing a hybrid approach, Kroma utilizes both Optimistic Rollup technology and Zero-Knowledge Rollups, enabling off-chain computation and transaction aggregation before submission to the Ethereum network. This innovative strategy minimizes the load on the main chain, ensuring swifter and more economical transactions. Kroma's transaction speed, as reflected in its average and maximum transactions per second (TPS), underscores its prominence in facilitating efficient transactions over time. 🚀
About LogX:
LogX is a perpetual decentralised exchange with deepest liquidity and cross-chain routing backed by some of the most prominent Venture firms like IOSG, Sequoia, Hashed Emergent, Coinbase Ventures, Saison capital and more. Routing its liquidity from popular exchanges, it offers $100M+ in liquidity and 100+ trading pairs on 4+ chains, allowing you to trade from a single screen. With novel features such as smart-order splitting and the lowest trading costs, LogX is on its way to becoming a prominent name within the perps ecosystem.Â